Firm / Organisation

Khalifeh & Partners

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This content is provided by Khalifeh & Partners.

Managing Partner: Ala’ Khalifeh
Number of partners: 4
Number of lawyers: 17
Languages:  Arabic, English

Firm Overview:
Based in Amman, Jordan, Khalifeh & Partners has extensive experience advising both local and foreign companies, financial institutions, consortia, and governing organisations on deals, transactions, and projects both in Jordan and throughout the Middle East. The firm’s track record includes acting on many of the most significant transactions Jordan has seen in recent years, including those in the corporate, commercial, energy, and infrastructure sectors. For this reason, K&P is renowned as a market leader, ranking as ‘Tier 1’ in all major legal directories across numerous practice areas, and our internationally-qualified lawyers are consistently praised for their pragmatic, efficient, and innovative advice.

Main Areas of Practice:
Recent transactions with respect to each area of practice include advising:

Corporate/M&A:
■ Buyers on the acquisition of shares in a down-stream petroleum operations company in Jordan
■ Buyers on the acquisition of the controlling stake in wind and solar PV renewable energy projects in Jordan
■ Tesla Motors on establishing their operations in Jordan
■ Monsanto on restructuring their operations in Jordan
■ Kingdom Electricity Co. (KEC) on the 30% stake acquisition in four Round 1 solar PV projects
■ KEC in connection with the acquisition of 100% of Electricity Distribution Co. (EDCO) and 55.4% of Irbid District Electricity Co. (IDECO) from the Jordanian Government with a total value of USD $104 million
■ Jordan Dubai Capital in relation to the sale of its controlling stake in Electricity Distribution Company PLC and Irbid District Electricity Company PLC to the Social Security Investment Fund
■ Jordan Dubai Capital in relation to the sale of its controlling stake in Central Electricity Generation Company
■ PepsiCo Inc. on the sale of a 52% controlling stake in a prominent soft drink and bottling company in Jordan
■ ADP on the sale of 85.7% of shares of Airport International Group (AIG), the concession holder of Queen Alia International Airport
■ Massader, an independently operating subsidiary of the Palestinian Investment Fund, in relation to the corporate structuring of SPVs in Ramallah for the purposes of renewable energy projects

Energy & Infrastructure:
■ Sheraton Amman, Marriot Amman, Dead Sea, and Petra Hotels in relation to solar wheeling PV plants
■ Government of Jordan in connection with the USD $200 million expansion of As-Samra Wastewater Treatment Plan
■ Jordan District Energy with respect to a USD $110 million heating and cooling plant to serve the Abdali business and commercial center of Amman
■ Ministry of Water & Irrigation (with the cooperation of USAID) in relation to the corporatisation of its activities in Amman and Aqaba through the creation of Miyahuna Company and Aqaba Water Company
■ Shamara Holding Group on the development of a 3000 MW Simple and Combined Cycle Power Plant in Rumailah, Iraq
■ ACWA Power on the rehabilitation, development, and powering of the 480 MW Hussein Power Plant
■ IDECO as an off-taker in relation to a TEN MW solar PV project in northern Jordan developed by Philadelphia Solar
■ International Finance Corporation, the European Investment Bank, and PKF in connection with the financing of a 117 MW wind farm in Tafila, Jordan
■ Ennera Energia and Hanwha Solar on the development of three PV solar energy plants in southern Jordan
■ Martifer Solar on a PV power plant in Ma’an, Jordan
■ SunEdison Italia Construction in connection with development and financing of a 20 MW solar PV project by a loan extended by the EBRD and OPIC
■ Shams Ma’an Power Generation PSC on the financing and development of a 52.5 MW solar PV project in Ma’an
■ FRV and Arabia Trading and Consulting Co. Ltd. on the development of a 50 MW solar PV project in Safawi
■ Alcazar Energy in connection with an 82MW wind energy project in Rajef, Jordan
■ Alcazar Energy in connection with an 45MW wind energy project in Shobak, Jordan
■ Multiple consortia on their bids to develop solar PV projects in Jordan under the Round III solicitation of proposals from the MEMR
■ Multiple firms and consortia on their bids to develop and implement the 30 MW Electric Storage System project of import/export power issued by the MEMR
■ European Bank for Reconstruction and Development (EBRD) as part of a consortium in relation to a feasibility study for the rehabilitation and construction of a major transportation center in Jordan
■ Bank of China, Industrial & Commercial Bank of China, China Development Bank, and China Export & Credit Insurance Corporation (Sinosure) in connection with the financing of an oil shale-fired power plant to be located in the Attarat um Ghudran deposit in central Jordan, valued at USD 2.2 billion
■ Alcazar Energy in connection with a solar power project in Ma’an, Jordan

Capital Markets:
■ Government of Jordan in connection with a USD $500 million Regulation S sovereign bond issue, a USD $1.25 billion Regulation S sovereign bond issue, a USD $750 million Regulation S issue of sovereign Eurobonds, a USD $1 billion Regulation S sovereign bond issue and an attempted USD $1.5 billion 144A and Regulation S issue of sovereign Eurobonds

Banking & Finance:
■ Shamara Holding Group in connection with a USD $2 billion loan from Mapna for the 3000 MW IP in Iraq
■ Arabia One for Clean Energy on their IFC financing for a solar PV power plant
■ SunEdison on their EBRD and OPIC financing of a 20 MW solar PV power plant
■ Zakher Marine on a USD $30 million working capital facility and a USD $420 million syndicated facility from Abu Dhabi Islamic Bank
■ IDECO in relation to a USD $40 million loan from Jordan Kuwait Bank to finance network expansion
■ EDCO in relation to a USD $7 million loan from Housing Bank for Trade and Finance and a USD $40 million loan from the IFC
■ KEC in connection with a USD $60 million bridge financing
■ Consortium in connection with the construction and operation of a multipurpose liquids terminal at Aqaba Port

Real Estate & Construction:
■ Abdali Boulevard on its USD $450 million real estate project in the heart of Amman’s business centre
■ King Hussein Business Park Co. in connection with a major multi-use project spanning 1400 acres in Dabouq
■ OHL and Mid Contracting JV on their bid and award of the EPC works relating to the Aqaba Oil Storage Facilities

Litigation:
■ Central Electricity Generation Co. in connection with a dispute over a USD $40 million Power Purchase Agreement under the UNCITRAL rules
■ France-based SEITA on a dispute relating to a USD $20 million licensing arrangement
■ Gulf General Investment Co. in connection with real estate disputes worth USD $18 million
■ Thomson Reuters in connection with employment disputes
■ Scatec Solar in connection with an alleged dispute concerning an energy project in Ma’an, Jordan
■ Microsoft in connection with all of their disputes in Jordan, including those related to employment
■ Abdali Boulevard in several arbitration cases - one under ICC rules, and the other at the adjudication process – filed by the contractor Saudi Oger in relation to the Abdali project in Amman
■ Aqaba Petroleum Co. in connection with an ICC arbitration involving an oil terminal developing and operating agreement dispute
■ The Jordan Football Association (JFA) in connection with several successful appeals filed to the Asian Football Confederation (AFC) and the Federacion Internationale de Football Association (FIFA)

Clients:
Housing Bank, McDonalds, Essentra PLC, Ministry of Water and Irrigation, IFC, Ministry of Finance, Standard Chartered Bank, Abdali Boulevard, Hanwha Solar, Mitsubishi Corp., SunEdison, ACWA Power, Ennera Energia, HSBC, ANZ Bank, Jordan Dubai Capital, LG Jordan, GEMS Education, Qatar Electricity & Water, Huntsman, G4S PLC, Invus, Gulf Capital, Zakher Marine Inc., Eastgate Capital Group, Global Investment House, Bank of China, Industrial & Commercial Bank of China, China Development Bank, Sinosure, European Bank for Reconstruction and Development, Tesla Inc., MM Karton, Microsoft, Shamara Holding Group, Jordan Kuwait Bank, Consolidated Contractors Group, Marriot and Sheraton Hotels, Alcazar Energy, USAID, Thomson Reuters, ACWA Power, Shams Ma’an Power Generation PSC, FRV, PepsiCo, EDCO, IDECO, OPIC