BASEL BARAKAT

 

Basel Barakat

Director of Board Nominations

Baker & McKenzie

Basel is consistently recognized as a leading lawyer by IFLR1000, Chambers Global, Legal 500, and The Best Lawyers International.

His high-profile financings for independent water and power projects include advising the sponsors on the award-winning US$ 2.5 billion Shuaibah Ill IWPP (Saudi Arabia's first IWPP), the US$ 2.0 billion Shugaiq Il IWPP (Saudi Arabia's second IWPP), the award-winning US$2.5 billion Rabigh IPP (SEC's first IPP) and the award-winning US$ 1.2 billion Rabigh I IPP (SEC's fourth IPP), advising the sponsors on the US$ 530 million Saudi Aramco cogeneration project and advising the lenders on the US$ 2.795 billion Qurayyah IPP.

His high-profile infrastructure projects include advising the lenders on the award-winning US$ 450 million Islamic project financing for Red Sea Gateway Terminal Company's third container terminal at Jeddah Islamic Port (the first Saudi Arabian private greenfield BOT container terminal project), advising the sponsors on the award-winning US$ 205 million Islamic project financing for the Hajj Terminal Complex PPP at King Abdulaziz International Airport (first Islamic BTO transaction of its kind in the Middle East and Saudi Arabia's first airport PPP project) and advising the sponsors on the US$ 1.2 billion Islamic project financing arrangement for the Prince Mohammed Bin Abdulaziz International Airport PPP (Saudi Arabia's second airport PPP project).

His high-profile Islamic finance work includes advising on the SR 2.975 billion Islamic facilities for the expansion works of the Mosque of the Prophet Mohammed, the SR 4.75 billion Islamic facilities for the construction works of Princess Noura University, the SR 5.5 billion Islamic facilities for the construction works of King Abdullah Financial District and the SR 10.5 billion Islamic facilities for the development works of King Abdulaziz International Airport.