Baker & McKenzie Advises Gama Enerji on Privatization of Hydroelectric Power Plants in Turkey

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The Esin Attorney Partnership, a member firm of Baker & McKenzie International, and Baker & McKenzie’s Paris office have represented Gama Enerji A.S. (Gama Enerji) and its subsidiary Kremna Enerji Uretim ve Ticaret A.S. (Kremna), on a USD 132 million secured senior acquisition finance facility extended to it by the Industrial and Commercial Bank of China (ICBC), the EBRD, and IFC for the acquisition of the Karacaoren 1 and 2 hydroelectric power plants from the Turkish Privatization Administration (TPA). White & Case and its Turkish arm, the Cakmak Gokce law firm, advised the ICBC, EBRD, the IFC, and other parallel lenders on the privatization, which will be conducted through a Transfer-of-Operating-Rights method. 

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Baker & McKenzie Advises Gama Enerji on Privatization of Hydroelectric Power Plants in Turkey

posted in: ROOT | 0

The Esin Attorney Partnership, a member firm of Baker & McKenzie International, and Baker & McKenzie’s Paris office have represented Gama Enerji A.S. (Gama Enerji) and its subsidiary Kremna Enerji Uretim ve Ticaret A.S. (Kremna), on a USD 132 million secured senior acquisition finance facility extended to it by the Industrial and Commercial Bank of China (ICBC), the EBRD, and IFC for the acquisition of the Karacaoren 1 and 2 hydroelectric power plants from the Turkish Privatization Administration (TPA). White & Case and its Turkish arm, the Cakmak Gokce law firm, advised the ICBC, EBRD, the IFC, and other parallel lenders on the privatization, which will be conducted through a Transfer-of-Operating-Rights method. 

Read More ...