Privatisation can be a complicated process which requires expertise in different areas of law. It also requires interaction and close co-ordination with the relevant government bodies. Our firm offers advice on privatisation of state-owned companies and assets by assisting clients in structuring, negotiating and documenting their respective investments.

Our team of lawyers is headed by the former Head of Legal of the Turkish Privatisation Administration and concentrates on legal, regulatory, competition, tax and employment issues and accompanies clients from the outset until the completion of the privatisation process. Our lawyers do not only possess the requisite knowledge of the procedure involved in privatisations and the expertise in the relevant areas of law, but are also experienced in approaching and working with the responsible officials.

Experience in this practice area includes:

• Advising the sponsor in the US$ 510 million privatisation and financing of 9 power plants owned by the state entity Ankara Doğal Elektrik Üretim A.Ş.
• Advising and participating in negotiations with ADÜAŞ and the Privatisation Administration for a domestic energy company with regard to the construction of a supplement power plant to the recently privatised electricity production facility located in Denizli

For more information, please see the following published article:

• Aykut Bakırcı (Head of Legal of the Turkish Privatisation Administration) and Volkan Önkibar, “Selling the EUAS Portfolio”, Project Finance International, 8 April 2010
• Yeşim Bezen and Aykut Bakırcı (Head of Legal of the Turkish Privatisation Administration), “Turkish Sales Power Up”, Project Finance International, 28 November 2007

For a detailed capability statement or to contact one of our corporate lawyers, please call or email us on +90 (0) 212 366 68 68 or info@bezenpartners.com.