Expertise
Alexander heads the Infrastructure Projects and Energy practice in the Middle East and is one of the founding partners of our Riyadh office. Alexander advises on large scale energy and infrastructure (social infrastructure, transportation, smart cities, and other) projects. He regularly works a legal lead in consortia of technical, financial and legal advisors on these projects and developments. His clients include sovereigns, utilities, financial institutions, industry, regional and international development banks, specialised funds, sponsors and project developers.
Alexander is a lawyer trained and qualified in Germany (Rechtsanwalt), who is also admitted as a solicitor in England and Wales. He holds a Masters in Law in International and European Business Law (summa cum laude). Alexander has served as a member of the Advisory Council of the US Government’s Millennium Challenge Corporation, and is currently a member of the Advisory Council of the MENA Hydrogen Alliance as well as the Dii – Desertec renewable energy initiative in North Africa and the Middle East.
Prior to joining Addleshaw Goddard, Alexander headed the Africa and Middle East energy and infrastructure practice for US-headquartered international law firm and prior to that was responsible for the East Africa business of one of the world's largest international law firms. Alexander lived in Germany, the US, The UK, Tanzania and the U.A.E (Dubai) before he moved to Riyadh in 2023.
- Experience
Advising the National Water Corporation of the Kingdom of Saud Arabia on the privatisation of the country wide water treatment and distribution network. This work includes the structuring of the necessary procurement process in line with Saudi law and the development of all project and development agreements.
Advising the Ministry of Infrastructure Development in the UAE on the first federally procured PPP. Alexander worked alongside a team of engineers and financial advisors to review the energy efficiency of the federal street lighting across 23 federal roads connecting the 5 northern emirates in the UAE, as well as to provide advice to the Ministry in procuring a new contractor to upgrade, retrofit, operate and maintain the federal street lighting, through a PPP structure
Advised the owner of a hospital group operating in East Africa on the joint venture with a European based operator to expand the health care centres and hospital operations and to invest into new facilities using the existing brand and health care service infrastructure.
Advised a consortium of international and national developers in relation to their bid for the development of a large scale water desalination plant in Saudi Arabia. Work included review of all applicable PPP laws, all project agreements, liaison with banks and financial advisors to structure the financing options for the consortium as well as marking up of all relevant project related documents and negotiations
Advised a client in relation to its investment into a greenfield PPP school project and several acquisitions of an existing school business in Egypt (multiple existing facilities). The work included the review of the joint venture arrangement with an international school operator and the long term operating agreement as well as the arrangements with local government and municipality.
- Qualifications
- German Bar Association, State of Baden-Wuertemberg (Rechtsanwaltskammer Karlsruhe) - Registered as a member of the German Bar Association (mandatory registration to practice law in Germany)
- Solicitor (England and Wales)
- Legal Consultant – The Government of Dubai Legal Affairs Department
- Millennium Challenge Corporation - Member of the Advisory Council of the Millennium Challenge Corporation (Advisory Council was first established in October 2016; appointed to the inaugural Advisory Council) 10/2016 – ongoing
- Dii – Desertec renewable energy initiative North Africa and Middle East 2019 - ongoing
- Climate Markets and Investors Association (CMIA) - Elected board member of this industry association 12/2009 – 05/2014
- Practicallaw.com - Appointed member of the Consultation Board (Environment) 2012 – 06/2016
- German Emissions Trading Association (BVEK) - Board member and later Chairman of the Board 09/2007 – 05/2012
- Testimonials
Dubai-based Alexander Sarac of Addleshaw Goddard LLP often advises governments and government bodies on power and oil and gas matters in Africa.
"He has the ability to approach an issue both tactically and strategically by envisioning how a transaction will pan out from start to finish." "He has extensive experience of working on complex deals in the energy and infrastructure space and combines his experience of working in Africa with his strong legal technical skills." Chambers 2022
Dubai-based Alexander Sarac frequently acts for governments on energy, infrastructure and oil and gas projects. One client stated: "Alex works flat-out for his clients. His strengths are his logical reasoning, confidence, strategy, patience and passion." Chambers 2019/2020
"He has the ability to approach an issue both tactically and strategically by envisioning how a transaction will pan out from start to finish." "He has extensive experience of working on complex deals in the energy and infrastructure space and combines his experience of working in Africa with his strong legal technical skills."
Alexander advises 'African Governments on oil and gas, renewable energy and transport projects and is equally adept at advising bidders and developers.' He possesses notable experience in PPA negotiations and regulatory matters. Sources praise him as 'he is truly excellent and goes above and beyond.' and “A really good technical lawyer” Chambers 2018/19