Description:
The team act for clients in the energy and infrastructure sectors. It handles the full life cycle of financing transactions, with work ranging from initial term sheets and lender RfPs, to financial close to post-financial close support and advice. It acts on some of the largest infrastructure and energy projects in the UK and is supported by its wide global network for cross-border matters. The team in London is led by Stephen Tobin and Apicksha Patel and in Edinburgh is led by Gillian Frew. The team is integrated with, and frequently works as part of, our teams in other offices.
Key Clients include
- NatWest
- NTR plc
- Gresham House
- Capricorn Energy PLC
- KfW
- Railpen
- Arcus Infrastructure
- Equitix Limited
- Dalmore Capital Limited
- DFIs active in Africa
- Lloyds Banking Group
- Ocean Winds
- Capital Dynamics
- Statkraft
- Greencoat Capital
- Zenobe Energy
Work highlights
- Advised Zenobe Energyon the £235m (and 400m accordion facility) financing of a 200MW / 400MWh transmission connection battery energy storage project at Blackhillock, Keith, Scotland. - the largest facility to be arranged in Europe for the development of battery energy storage projects.
- Acting for NTR on the portfolio financing of 12 onshore wind projects.
- Acting for Dalmore Capital as lead legal adviser on operational PFI projects.
- Acting for NatWest, AIB and Sabadell on the portfolio financing of five anaerobic digestion projects.
- Acting for the Port of Aberdeen on a loan from Scottish National Investment Bank
- Acting for a development financial institution and its co-lenders in relation to the debt financing of the Takoradi Port Project in Ghana.
- Acting for an international financial institution in relation to the financing of a telecommunications network in sub-Saharan Africa.
- Continuing to advise Flogas (part of DCC Group Plc, a FTSE 100 company) in relation to its project to convert the National Grid liquefied natural gas (LNG) facility at Avonmouth into a liquefied petroleum gas (LPG) storage terminal with room to store 34,564 tonnes of LPG.
- Advised a consortium comprising Arcus European Infrastructure (“Arcus”) and GLIL Infrastructure on the acquisition (and co-investment and financing) of the entire issued share capital of Smart Meter Assets 1 Ltd (“SMA”), an energy infrastructure provider in the UK, from Brookfield Infrastructure Partners.
- Advising a development finance institution on its green loan to a South African financial institution to help finance its climate finance business by funding green projects including distributed generation/renewable energy, waste energy, sustainable transport and green buildings across several other African countries.
- Working as TII’s counsel to advise on the procurement of the Dublin Metrolink project, a large civil engineering project in the Republic of Ireland.