PRA assists private sponsors and lenders on each phase of renewable energy and infrastructure projects: design, bidding strategy, construction, equity and/or debt financing, commissioning, operation, asset sales.
PRA has well-recognised experience in “market-firsts”, be it technical, sector (wind, solar, hydropower, infrastructure) or country, where clients expect their lawyer to design bespoke solutions for their projects, working closely with in-house teams and external advisers.
PRA’s model is to make available to its clients more than 20 years of experience working in large international law firms, bringing the methodology and expertise of large firm practice while working as closely as possible with internal client teams and the co-stakeholders in the project. PRA thereby ensures that communication between team members is fluid, legal budgets are met, strategic objectives are well understood and shared.
At PRA we are experts in project development, whatever the size and international reach of the project. We support lenders, international agencies, private investors and financial backers with the realization and funding of major projects in France and abroad.
Large-scale projects bring many challenges that we can help our clients overcome, including issues around funding, government regulation and local legislation. The potential political, geopolitical and even criminal risks need to be analysed. We advise clients on risk management to support their business strategies.
We provide commercial, strategic and cultural advice, helping clients to structure, negotiate and document all the required project and financing agreements, ensuring they are tailored to their needs and to the customs of local jurisdictions.
We have in-depth knowledge in key sectors such as electricity generation and transmission, oil and gas, infrastructure (social, transport) and renewable energies.
Our model is one of extensive engagement and close communication. We offer our clients more than 20 years’ experience in major international firms, bringing the methodology and expertise of large-firm practice, while working very closely with clients’ and their partners’ internal and external teams.
At PRA we are experts in acquisitions, privatisations and concessions, which represent important strategic options for companies, financial institutions and private investors.
We help clients to understand and evaluate these options and to implement complex national and international transactions. We do this by advising them over the full project life-cycle, from acquisition or development to funding and hedging, insurance, construction, completion and operation.
We also arrange tailored training for legal, technical and commercial teams, covering a wide range of subjects in English and French law, including concession agreements.
Our model is one of extensive engagement and close communication. We offer our clients more than 20 years’ experience in major international firms, bringing the methodology and expertise of large-firm practice, while working very closely with clients’ and their partners’ internal and external teams.
At PRA we regularly support banks or energy operators on major renewable energy projects, providing practical and innovative solutions: design, bidding strategy, construction, equity and/or bank financing, commissioning, operation, total or partial sale of assets.
We offer full-service capabilities at every stage of the renewable-energy project value chain, from fund or company establishment to project structuring and financing, litigation and M&A.
We are also experienced in market developments and regulation in the energy transition sector, helping clients in the oil and gas industry to clarify the implications of energy transitions for their operations and business models.
Our model is one of extensive engagement and close communication. We offer our clients more than 20 years’ experience in major international firms, bringing the methodology and expertise of large-firm practice, while working very closely with clients’ and their partners’ internal and external teams.
At PRA we are experts in project finance, including international projects. We offer full-service capabilities to our clients in different markets and can advise on the regulatory, corporate, financing and commercial litigation aspects of national and international projects.
Large-scale projects bring many challenges that we can help our clients overcome, including issues around funding, government regulation and local legislation. The potential political, geopolitical and even criminal risks also need to be analysed. We advise clients on risk management to support their business strategies.
We provide commercial, strategic and cultural advice, helping clients to structure, negotiate and document all the required project and financing agreements, ensuring they are tailored to their needs and to the customs of local jurisdictions.
Our model is one of extensive engagement and close communication. We offer our clients more than 20 years’ experience in major international firms, bringing the methodology and expertise of large-firm practice, while working very closely with clients’ and their partners’ internal and external teams.
At PRA we are experts in “market firsts”, whether they involve technology, a sector (wind, solar, hydropower, infrastructure) or even a country with little or no market history, as on the African continent.
We are able to design tailored legal solutions for all our clients’ projects, needs and expectations, in particular by working very closely with both their internal teams and their external teams of advisers.
Our model is one of extensive engagement and close communication. We offer our clients more than 20 years’ experience in major international firms, bringing the methodology and expertise of large-firm practice, while working very closely with clients’ and their partners’ internal and external teams.
At PRA we regularly support private investors, lenders and financial backers at each phase of major infrastructure projects, providing practical and innovative solutions to clients in the infrastructure sector: design, bidding strategy, construction, equity and/or bank financing, commissioning, operation, total or partial sale of assets.
We offer full-service capabilities at every stage of the infrastructure value chain, from fund or company establishment to project structuring and financing, litigation and M&A.
We are also experienced in market developments and regulation in the energy transition sector, as well as in social and transport infrastructure.
Our model is one of extensive engagement and close communication. We offer our clients more than 20 years’ experience in major international firms, bringing the methodology and expertise of large-firm practice, while working very closely with clients’ and their partners’ internal and external teams.
PRA will assist you in limiting or reducing internal and external legal costs by working efficiently with in-house teams upstream, defining reasonable and reliable budgets, understanding the business model of international law firms and identifying areas for optimisation and creation of value to the client.
In-house legal functions are expected to meet the expectations of the commercial teams, by understanding their strategic goals and using tools at the forefront of technology to ensure that they can meet deadlines and budgets and ensure consistency across their corporate structure.
Legal has become a key tool in assessing and managing risk, and pricing strategy. Transformation of in-house legal functions can lead to a more cost-effective organisation, which can be seen by commercial, financial and technical teams as a strategic partner at each stage of the lifecycle of a project.
At PRA we enable our clients to enhance their internal legal functions, making them more effective, operational and impactful. The legal function has become a key tool in risk assessment and management and in pricing strategy. Transforming legal functions in this way thus make them more efficient and less costly and mean they are perceived by the commercial, financial and technical teams as true partners at each stage of a project’s life cycle.
We also arrange tailored training for legal, technical and commercial teams, covering a wide range of subjects in English and French law, including project development and finance, concession agreements, service contracts, power purchase agreements, financial documentation, OHADA law and legal fees management
At PRA we enable our clients to improve digitalisation and thus work more efficiently in an environment where internal legal functions must increasingly meet the demands of commercial teams, which requires them to understand strategic imperatives and use primarily digital tools.
The legal function has become a key tool in risk assessment and management and in pricing strategy. Transforming legal services in this way can make them more efficient, as long as internal legal teams master contemporary tools and supports.
At PRA we enable our clients to optimise their legal costs, helping them to limit and reduce their internal and external legal spend.
How do we do this?
Internal legal functions must increasingly meet the demands of commercial teams. So it is essential that they have a thorough understanding of strategic imperatives while using the most appropriate tools to meet deadlines and budgets and maintain consistency across the group.
The primary objective of the products, transaction structures and commercial solutions we develop is to benefit our clients in the implementation of their commercial strategies, be it optimisation of their investments, access to new and competitive sources of funding or managing the risks they face in their legal, regulatory and operational environment.
PRA provides workplace training – for legal, technical and commercial teams – on a variety of topics in French and English law including:
PRA can also lead workshops to develop in-house legal materials with the cooperation of all in-house teams.
Training can last as little as two hours or as long as one week. It is always tailored to the needs of our client.