Integrated Steel Privatization
Privatization and later restructuring of integrated steel, coal and related energy assets.
Strategic investment across mining, oil and gas, and power. We advise on the ownership, development and financing arrangements that shape businesses and projects.

Who owns and controls the asset, who funds each stage, and how production reaches the market are connected decisions. We bring investment structures, operating arrangements and financing together around the client’s objectives - from acquiring an interest to developing, funding and expanding an operating asset.
Privatization and later restructuring of integrated steel, coal and related energy assets.
Project financing for a major liquefied natural gas facility.
Acquisition of the state interest in a major gold mine.
Project financing and expansion of gas-fired power plants.
Development and financing of major fertilizer production facilities.
Restructuring and negotiation of a major gold-mining project.
Mining investment changes as an asset moves from exploration to development and production. We advise on acquisitions, participation arrangements and funding structures that reflect the evidence available, the commitments required and the decisions still ahead.
Acquisitions, earn-ins and joint ventures connect ownership to exploration spending, development commitments and control. We address how interests are acquired or earned, who operates the asset, how decisions are made and what happens if a participant does not fund its share.
A mine’s development plan depends on processing, power, water and transport. We coordinate construction, equipment and infrastructure arrangements around the route to production, addressing scope, interfaces, completion tests and performance obligations.
Equity, project debt, royalties, streaming and offtake-linked funding allocate risk and future value differently. We structure funding commitments, payment or delivery rights, security and intercreditor arrangements around the asset’s stage of development and its capacity to support further investment.
Privatization of major coal mines, processing assets and related enterprises.
Creation of a portfolio of gold and silver mining joint ventures.
Acquisition of the state interest in a major gold mine.
Structuring and negotiation of a major gold-mining project.
Restructuring of a goldfields project.
Proposed privatization of major metals and ore assets.
Phillip RosenblattPartner
Vladimir ShusterSenior International Counsel
Aigul AbishevaSenior Kazakhstan CounselInvestment in oil and gas connects the right to develop an asset with the ability to fund operations and bring production to market. We advise on acquisitions, participation structures, government arrangements and the commercial contracts supporting exploration, development and production.
Licenses, concessions and production-sharing arrangements establish the basis for investment. We address acquisitions, farm-ins and farm-outs, investment structures and government agreements where applicable. Joint operating agreements connect operatorship, work programs and budgets with funding commitments, decision rights, default provisions and exit.
Drilling and field development depend on coordinated contractors, facilities and infrastructure. We structure drilling, well-services and integrated service arrangements alongside construction, processing and transport access. Scope, pricing, performance and liability allocation must reflect the operating plan and the consequences of delay or interruption.
The value of production depends on delivery, sales and payment as well as volume. We connect lifting, gas sales, offtake and capacity commitments with acquisition and development financing, security and cash-flow arrangements. Decommissioning obligations and retained liabilities must be addressed through operation, refinancing and exit.
Concession over domestic and international gas-transportation pipelines.
Project financing of an LNG plant.
Proposed financing of the upstream portion of an LNG project.
Sale of a strategic interest in a gas-distribution concessionaire.
Advice to the government on a new petroleum framework.
Restructuring of an international oil company’s regional investments.
Phillip RosenblattPartner
Christopher BoffeySenior International Counsel
Vladimir ShusterSenior International CounselPower projects bring together development rights, technology, construction and long-term revenue commitments. We structure investments, partnerships, commercial agreements and financing for generation and storage, aligning the obligations of developers, contractors, operators and customers.
Land rights, permits and grid access must support the development timetable. We address project acquisitions, partnerships and government arrangements where applicable, together with connection responsibilities, capacity commitments and the allocation of delay and curtailment risk.
Engineering, equipment and construction contracts must deliver a plant that meets its operating requirements. We coordinate contractor interfaces, completion tests, performance guarantees and long-term service arrangements. For storage, dispatch obligations must align with cycling limits, degradation, warranties and capacity augmentation.
Power purchase and capacity arrangements determine how output or availability becomes revenue. We address tariffs, indexation, dispatch, payment support and termination compensation, including merchant exposure where relevant. These commitments must work with fuel supply where required, financing conditions, sponsor support and lender rights.
We help owners, developers and investors structure SMR projects for industrial power supply and grid generation. Our work brings together investment partnerships, government arrangements, technology procurement, project delivery, power and heat offtake, and financing.
We negotiate the commitments that determine whether a project can proceed: who funds development, how technology and construction risks are allocated, what customers commit to buy, and how public support and private capital work together. For modular deployment, we address manufacturing capacity, phased investment and the terms for adding units or expanding to further sites.
Our work connects the project agreements and specialist workstreams with the investment decision, funding milestones and delivery obligations.
Privatization of major electricity and heat systems.
Privatization of power plants, distribution assets and hydropower concessions.
Development and proposed acquisition of wind-power projects.
Gas-fired generation, power distribution and renewable-energy investments.
Proposed development of a hydropower project.
Project financing and expansion of gas-fired power plants.
Phillip RosenblattPartner
Aigul AbishevaSenior Kazakhstan Counsel
Johanna SantosSenior Managing Associate