Projects

About

Provided by CMS

CMS Portugal has extensive experience and strong capabilities assisting a roster of national and international clients, notably sponsors, lenders and the public sector in domestic and cross-border infrastructure projects in Portugal and Lusophone Africa. Our activity includes legal advice on:

• Assisting in public tenders;

• structuring PPPs;

• Preparing risk allocation matrix;

• Drafting project agreements (including by-laws of SPV and shareholder agreements, concession agreements, EPC, O&M and PPA);

• Structuring and drafting finance documentation (including term-sheet, loan agreements, common terms agreements, accounts agreements, share retention agreements and inter-creditor agreements);

• Structuring and drafting security package (including sponsor support agreements, direct agreements, and security agreements);

• Assisting during construction and operation.

Infrastructure projects bring unique challenges related to the need to allocate and balance the risks between the public and private sector; financing based on the project’s expected revenue streams; and the different private sector interests involved. The team has an in-depth knowledge across different sectors, with a particular focus on the energy and transportation sectors. It has also considerable experience in advising clients with multi-disciplinary project teams in Portugal and Lusophone Africa. We work to provide advice close to our clients’ needs.