Partner Stéphane Vernay is a member of Gide's Projects (Finance & Infrastructure) practice group. He has substantial experience in project finance (including PPPs, BOT and concession) in sectors such as energy (nuclear, thermal, hydro, renewable energies), transportation (airports, highways, bridges, tramways, subways etc), water treatment, heating and cooling urban networks and general infrastructure (stadia, universities, cultural buildings) acting for governments, sponsors or lenders.
He has developed particular expertise in the fields of national and international contracts in the aerospace and defence industries, advising on construction, maintenance and service contracts related to ships, aircraft, submarines, simulators, satellites and other military products.
Stéphane has advised several MNEs in their infrastructure projects in Europe, Africa, Asia and South America. He is currently advising the French Ministry of Defence and manufacturers on various military projects.
He spent more than 12 years in the Gide China team as co-head of the Beijing office and helped open the Hong Kong office in 2006.
« Stéphane Vernay boasts a highly international practice, with particular expertise on the African continent, acting for clients on energy and power projects. He is also well versed in M&A transactions within the energy sector. One impressed client describes Vernay as an 'outstanding business lawyer', before going on to say: 'He is solution-oriented in the way he addresses legal and contractual issues. He is reliable, hard-working and always delivers on time.' »
Chambers Europe 2021
« Stéphane Vernay is an 'outstanding business lawyer' according to clients, who add: 'He has broad experience in terms of jurisdictions and industries. As a result, he is able to provide high value advice for structuring complex industrial projects.' He handles energy and transportation projects, with particular expertise in African matters. »
Chambers Global 2019
« Gide Loyrette Nouel's wide-ranging expertise and international reach makes the team a popular choice for large-scale projects, especially in France and Africa. The group has considerable French PPP expertise and is notably assisting the Ministry of Transport with the landmark Paris-Charles de Gaulle Airport express rail project. Thomas Courtel is highly regarded for domestic work. The team is also advising on key infrastructure projects in Africa and other parts of the world. It is assisting EBRD and IFC as advisers to the government of Kazakhstan with the country's very first PPP pertaining to the building of a road project. The group also has a leading presence in large-scale international energy projects and in recent highlights, it is advising EGL and the contracting states on the development of Ruzizi III 147MWh hydropower plant in the Grands Lacs region in Africa, as well as EDF on the development of six EPR nuclear reactors in India. Stéphane Vernay, John D Crothers, Marie Bouvet-Guiramand and counsels Victor Grandguillaume and Nicolas Jean are other key names. Nicolas Jean was recently promoted to partner. »
Legal 500 EMEA 2019