Having acted on more than 20 independent power project (IPP)/independent water and power projects (IWPP) in the Middle East and North Africa, Rob Harker has invaluable experience and in-sight to guide clients through both the bid phase and financing phases of transactions.
Focusing on utility-scale power (including renewables), petrochemical and refinery projects, Rob has experience in project and corporate financings, including in the power, petrochemicals and refinery sectors, which comprise large-scale multi-source lending involving international and domestic banks, export credit agencies and Islamic finance institutions. He represents both sponsors and financial institutions alike in all aspects of project, development, corporate and Islamic financing, as well as sponsors and financial institutions on large-scale infrastructure projects, in the Middle East and in Europe.
Recent Notable Matters
Alcazar Energy Partners — advising on a number of solar and wind projects in Jordan and Egypt
Lenders — support of a bidding consortium (Marubeni and Nebras) in the Fadhili Cogeneration Project in Saudi Arabia
EDF Energies Nouvelles and Nebras Power Q.S.C. — bid for the 800 MW DEWA Solar Phase III IPP of the Mohammed Bin Rashid Al Maktoum Solar Park, Dubai, UAE
Saudi Oger and NRG — advising on the bid for the DEWA Solar IPP 100 MW Phase II of the Mohammed Bin Rashid Al Maktoum Solar Park, Dubai, UAE
RWE Innogy — advising in respect of the Sweihan 350 MW solar IPP in Abu Dhabi, UAE
RWE Innogy — advising on the bid in respect of the Al Abdaliyah Integrated Solar Combined Cycle project in Kuwait
Lenders — support of a bidding consortium in relation to the Umm Al Hayman wastewater project in Kuwait*
Arabia Power Company — all aspects of the restructuring of the Umm Al Nar power and water desalination project in Abu Dhabi, UAE*
Sponsor group — creating a structure to participate in DEWA’s Shams Dubai distributed solar generating scheme*
Sponsors — a number of solar projects in the Jordan Round 2 direct bid round*
Sponsors — a number of wind and/or solar projects in Egypt’s renewable feed-in tariff programme*
Sponsors — development and financing of a 10 MW solar PV project in the context of round 1 of the Jordanian direct bid process (the project is part of the “Seven Sisters” projects, recently awarded Middle East Renewables Deal of the Year 2014 and the Middle East Overall Deal of the Year 2014 by IJ Global Middle East)
Lenders and K-EXIM — Ras Laffan Facility D IWPP in Qatar*
JBIC — support of a bidder on the Rabigh 2 IPP in Saudi Arabia*
Lenders — refinancing and expansion of the $1.2 billion Tihama IPP in Saudi Arabia*
JBIC and NEXI — $1 billion Sur IPP in Oman*
NEXI and JBIC — $1.4 billion Mirfa IWPP in Abu Dhabi, UAE*
Lenders and K-EXIM — Al Ghubrah IWP in Oman*
JBIC — support of certain bidders on the Qurayyat IWP in Oman*
Lenders — £485 million non-recourse financing package for the 1,050 MW Rugeley Power Station in the UK*
Sponsors — $2 billion Tasnee Acrylates project in Jubail*
Lenders — $1.2 billion refinancing of Saudi Ethylene and Polyethylene Company’s project financing facilities*
Lenders — $12 billion multi-sourced financing (which included the following export credit agencies: JBIC, NEXI, K-SURE, K-EXIM and SACE and each of the Public Investment Fund and Saudi Industrial Development Fund of Saudi Arabia)*
Koc Group — multi-sourced financing (SACE and CESCE) of the expansion of a refinery in Turkey for $2.5 billion*
* Work completed prior to Bracewell
Publications and Speeches
“Sunrise in Pakistan as the Country Delves into Solar PV,” RenewableEnergyWorld.com, August 12, 2015.
"Nuts and Bolts of Project Financing - A Key Issues Workshop," Middle East Solar Industry Association's Renewable Energy Trade Mission, April 2015.