The infrastructure and project finance sector has been undergoing significant development in recent years and has become a separate discipline in its own right as much for its subject matter as for the techniques employed for implementing such projects. While infrastructure projects notably in transport and energy remain at the heart of the subject matter, “social” infrastructure (health, justice, education, and housing) also plays a role. As a second step, financing techniques come into play since all projects require financing adapted to the specific features of each project.


To support you in carrying out and financing these infrastructure projects, CMS Bureau Francis Lefebvre offers an approach grounded on in-depth knowledge of the various areas of activity in play, synergies with members of the CMS network, and our lawyers’ legal and practical expertise.

Our Practice Areas

Whether you are a public or private operator, your concerns with respect to infrastructure and project financing essentially relate to design, construction, finance, operation, maintenance and insurance. Our lawyers offers you a legal or tax service tailored to your needs to enable coordination and management of:

• Concession Agreements and BOT (Built Operate Transfer) 
• Public-Private Partnerships (PPP)
• Contracts for design-construction, operation and maintenance, interface
• Legal Advice and representation in contractual negotiations 
• Credit and Securities Documentation  
• Equity Investments through banks or bonds 
• Group Contracts and Project Companies 
• Land Development and Town Planning Issues 
• Health and Safety Issues
• Tender Procedures

Our Approach

Our lawyers are well aware of the economic and financial implications that may flow from their recommendations. For that reason they follow a multidisciplinary approach giving you all-encompassing legal advice on banking and finance law, real estate law, public law, company law, commercial law, employment law and tax law.

Furthermore, our clients in the private sector (operators, sponsors, investors, banks and other financial institutions) and in the public sector are undergoing a major transformation, including internationalisation. In order to provide them with innovative and tailored solutions we are an integral part of the CMS  “Infrastructure and Project Finance” committee, which brings together lawyers who are experts in PPPs and based in Western, Central or Eastern Europe, Africa, the Middle East and Asia.

Our Clients

Our clients enjoy the benefit of the firm’s wide experience together with that of CMS, honed in Europe, Africa, Asia and America. We work closely with private operators in the industrial, construction and finance fields as well as with public sector bodies, which allows us to provide realistic, practical advice, tailored to our clients’ areas of interest and grounded on previous experience.

Our Team

Each Infrastructure and project financing operation is very specific. So we set up a team of specialists in banking and finance law, real estate law, public law, company law, commercial law, social security law and tax law. It is coordinated by a partner who provides you with a single point of contact and guarantees quality of service, both generally and in relation to conflicts of interest and biling.