Ashish Banga

A Year-End Insight into Energy & Climate Law

This special edition of Law Update, marking Al Tamimi & Company’s 35th anniversary, explores the evolving legal landscape of energy and climate law across the region.

As the Middle East prioritises sustainable growth, this edition examines key developments shaping the future of the sector. From the UAE’s Federal Law No. 11 of 2024 to advancements in green hydrogen, solar financing, and carbon capture technology, we spotlight the innovative strides and challenges defining this critical area.

We also go into Saudi Arabia’s initiatives to integrate carbon capture into its industrial expansion and Egypt’s AFRICARBONEX platform, which underscores the region’s commitment to a sustainable and inclusive future.

Join us as we celebrate 35 years of legal excellence and forward-thinking insights, paving the way for a more sustainable tomorrow.

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Biography

Ashish Banga is Senior Associate in the Banking and Finance department at Al Tamimi & Company. He has experience in the area of banking and finance, particularly acting for banks and corporate borrowers in Asia Pacific including India and in the Middle East region for financing transactions.

Since joining Al Tamimi & Company, Ashish has been involved in wide areas of banking and finance in the Middle East including bi-lateral and syndicated lending transactions, guarantee and security documentation and trade financing documentation.

Recent Experience

Lenders in connection with 350 MW Sweihan PV IPP as UAE Counsel in 2017;
An Abu Dhabi based bank in connection with AED 420 million term loan facilities for development of hospitals in 2017;
A syndicate of Abu Dhabi banks in connection with AED 100 million facility for purchase of shares in a media and technology company in 2016;
An Abu Dhabi based bank in connection with AED 450 million facility for financing of a hotel in Dubai in 2016;
An India based bank for securing approximately AED 128 million financing for an Indian private school in Abu Dhabi in 2016; and
An Abu Dhabi based bank for a AED 600 million facility for a refinancing transaction of a hotel group in 2015.