GKC Partners wins “Local Legal Advisor of the Year” and 5 other awards at PPP Week Awards 2025

GKC Partners has been named “Local Legal Advisor of the Year” at the 2025 PPP Week Awards. The awards recognize “the most impactful and innovative PPP projects closed in 2025, and the law firms behind them.”

Istanbul Public-Private Partnerships Center of Excellence (Istanbul PPPCoE) also recognized the following transactions the Firm advised on as a 2025 “Deal of the Year”:

• Refinancing Deal of the Year

  GKC Partners advised the lender consortium consisting of international development banks; IFC, AIIB, EBRD and DEG, along with other international banks, Deutsche Bank, Alpha Bank, National Bank of Greece and Bank of China and Turkish banks; Akbank, Vakıfbank, Ziraatbank, TEB, GarantiBBVA and QNB in connection with the financing of the concession for Antalya Airport s awarded to the Fraport AG Frankfurt Airport Services Worldwide and TAV Havalimanları Holding A.Ş. by the Turkish State Airports Authority by means of a re-financing and a long-term financing/project financing to be extended to Fraport TAV Antalya Yatırım Yapım ve İşletme A.Ş. to secure the long-term financial viability of the Concession for AYT.

• PPP Deal of the Year

  GKC Partners advised senior financiers including the Deutsche Bank, Asian Infrastructure Investment Bank, Black Sea Trade and Development Bank, Islamic Development Bank, Islamic Corporation for the Development of the Private Sector, ICBC, Silk Road Fund, Bank of Bahrain and Kuwait, Kuveyt Türk, Akbank, Garanti BBVA, QNB, VakıfBank, and Ziraat Bank in connection with the EUR1.7 billion senior secured financing for the Antalya-Alanya motorway project on the basis of the built-operate-transfer (BOT) model, supported by ICIEC under a non-honouring of sovereign financial obligations (NHSFO) policy cover.

• Bond Deal of the Year  

  GKC Partners advised Limak Yenilenebilir Enerji A.Ş. as Issuer on the offering of US$450,000,000 9.625% Senior Green Amortizing Notes due 2030, followed by a US$75,000,000 tap issuance to be consolidated into a single series. The Notes are classified as green bonds.

• Renewable Energy Project Finance Deal of the Year

  GKC Partners advised AIIB and TSKB in connection with the financing of the development, construction, and operation of a 136 MWp/100 MWe Solar Power Plant (SPP) and associated electricity transmission lines located in the town of Erzin, Hatay by IC İçtaş Güneş Enerji Üretim ve Ticaret A.Ş.

• Real Estate Deal of the Year 

  GKC Partners advised Kampüs Kentsel Proje Yatırımları İnşaat Taahhüt A.Ş. and the consortium of sponsors & shareholders including SU Investments S. à r. L., Netka Global Investment B.V., Southern Wind S. à r.L., Kalyon İnşaat Sanayi ve Ticaret A.Ş., JM Investment S.P.A., Fingen Capital 3 S.R.L., Gaw Capital Partners, Vital Prime Pte. Ltd. and BGM Holding S.R.L. in the SACE-backed financing for up to EUR100,000,000 arranged by JPMorgan Chase Bank, N.A., London Branch, relating to the development of a new premium designed outlet with retail areas in the Istanbul Airport development area.