White & Case and its Turkish affiliate GKC Partners have advised Ronesans Holding's subsidiary Renell Kokshetau on the financing of a EUR 456 million public-private partnership healthcare project for the construction and operation of a hospital in Kazakhstan. Clifford Chance reportedly advised the financing institutions.
According to White & Case, Ronesans Holding will build and maintain a 110,000-square-meter multi-specialty hospital to serve over one million people across the city of Kokshetau and the wider Akmola region. The project is funded by six international financial institutions, including the EBRD, AIIB, ICD, DEG, Proparco, and the Development Bank of Kazakhstan.
The White & Case team included Istanbul-based Partner Sebastian Buss and further team members in Astana and London.
The GKC Partners team included Association Partner Guniz Gokce and Associates Emrehan Mermer, Segenay Kerimoglu, and Baran Abur.
Editor's Note: After this article was published, Kinstellar announced that it advised the consortium of lenders that included the EBRD, AIIB, Proparco, ICD, DEG, and the Development Bank of Kazakhstan. The firm's team included Partner Joel Benjamin, Of Counsel Maksim Grekov, and Senior Associate Aigerim Raikhanova.
