Project Finance

Project finance is the key field of our specialization. Area related practice of BCO is wide ranging in two ways: (i) in terms of industries we have worked in; and (ii) in terms of the number of projects we have closed over the past twenty years. BCO has worked with internationally renowned financial institutions and represented national businesses funded by the IFI’s. 

Development banks are actively involved in financing various sectors of the national economy. Handful of projects and national undertakings are annually financed by the international financial institutions, since the country is ranked as the upper middle income country by the World Bank. BCO intensively participates in the considerable amount of project financing deals, averaging from 8 to 10 projects a year.

Our firm renders variety of services in differing industries, ranging from energy production to telecommunications. With each project our team goes into specifics of the field and does not leave any open questions. We have represented both lenders and project sponsors; therefore we are familiar with the optimum positions for both actors. Furthermore, due to our expertise in the related legal areas, we provide knowledgeable and multidimensional services. 

BCO’s team has managed every legal aspect of project financing. Our lawyers have drafted project agreements, construction contracts, finance agreements, security documents etc. We regularly act in the capacity of local legal counsel, thus providing legal opinions on various legal matters, conducting corporate checks, drafting due diligence reports examining project related materials etc.

With respect to the project financing our firm frequently represents European Bank of Reconstruction and Development.  Moreover, we have worked with Asian Development Bank, International Finance Corporation, OPEC Fund for International Development, European Investment Bank and so on. Our experience includes cooperation with the world’s leading law firms such as Clifford Chance, White & Case and Nabbaro. 


Our Services:

  • drafting project agreements
  • property documents
  • construction  contracts
  • service contracts
  • funding agreements
  • lenders’ direct agreement
  • sub-contracts
  • security documents 


Related Practices and Industries


Get In Touch with us:

  • (+995 32) 225 14 54
    (+995 32) 225 14 55