Project Finance and PFI/PPP

Rail, Ports and Airports

• Blue Line Nigeria: Advising the sponsor in respect of the financing issues for this PPP rail project in Nigeria.
• Rwanda Airport PPP: Advising the Rwandan government on this project.
• Airport – Africa: Advising a developer (sponsor) on this project.
• Antiguan port: Advising the lenders on the financing of the construction of a cruise pier in Antigua.
• Bandirma port: Advising Celebi Holding in relation to the project financing of this port in Turkey.
• Airport fuel facility: Advising the lender on this facility at Gatwick airport.

Power/Energy

• Turkish power project: Advising Gama and GE on their shareholder support arrangements.
• Caribbean region: Advising lenders on the financing of renewable (wind and solar) projects in the Cayman Islands, Jamaica and Guatemala.
• Antigua LNG and Power: Advising the lenders on the financing of a power station and LNG facility in Antigua.
• Nigeria: Advising three shareholders in relation to a project in Nigeria.
• Nigeria: Advising a sponsor on the development of a power plant in Nigeria.
• Teesside Power Station: Advising the lenders (as a member of a team) on this 1,825MW project. Work included drafting the loan documentation and reviewing/advising on the PPA and O&M agreements.
• Polish renewables project: Advising the lenders on English law issues in relation to two Polish wind farms.
• Barking Power Station: Advising the sponsors (as a member of a team) in relation to this 1,000MW project, in particular in relation to the O&M agreement and loan documentation.
• Northern Ireland electricity: Advising AES/Tractabel (as a member of a team) in connection with the purchase of two coal-fired power stations following the privatization of the Northern Ireland electricity industry.
• Turkish hydro project: Advising the purchaser on the acquisition of this project.
• Wind farm: Advising a utility on the financing of a proposed wind farm in Scotland.
• Biomass: Advising on an equity fund's investment in this project in Wales.
• Lender: Advising on a £90 million project to acquire a generating portfolio located in the UK.
• ENH/CMH (as sponsor): Advising on its financing arrangements in relation to its participation in a pipeline project in Mozambique (in respect of the Pande/Temane gas fields). EIB was one of the lenders.
• Solar: Advising a developer in relation to the financing of a solar park.

Water/Wastewater

• Highlands water PFI: Advising lenders in relation to ongoing financing matters.
• Cairo wastewater: Advising Veolia and AAW on their tender for the first PPP wastewater project in Cairo.
• Alexandria west wastewater PPP: Advising the government of Egypt on this project in Alexandria.
• Dalmuir water: Advising lenders on the expansion of a wastewater project in Scotland and ongoing operational matters.

Social Infrastructure

• Uganda police: Advising the sponsor on its bid for the pathfinder police PPP project in Uganda.
• Uganda justice: Advising a bidder on the JLOS PPP project in Uganda.
• Kayseri hospital: Advising a sponsor on the Kayseri hospital PPP project in Turkey.
• UK hospitals – PFI: Advising John Laing Social Infrastructure/Equion on the funding and project documents for the following hospital PFI/PPP projects: Kingston (closed 2004 – £100 million) (debt financed), North Staffordshire (closed 2007 – £400 million) (bond financed), Tunbridge Wells (Pembury) (closed 2008 – £300 million) (debt financed) and Papworth (ongoing).
• John Laing Social Infrastructure: Advising on the amendments to the GIC arrangements following monoline downgrades.
• UCLH hospital: Advising the lenders on various operational issues arising out of the PPP hospital project including major variations.
• Calderdale Schools: Advising Amber Infrastructure on this hard FM contract.
• West Yorkshire/Avon & Somerset: Advising John Laing Social Infrastructure and other sponsors on these two PFI police accommodation projects.
• MoD Northwood PFI project: Advising Mowlem/Carillion and HSBC on the funding and project documents for this £1.6 billion accommodation project.
• MoD – PFI: Advising Mowlem and HSBC on four PFI housing projects.
• Leeds Swarcliffe social housing PFI: Advising HBoS on this "pathfinder" project.
• FEPS project: Advising Lloyds TSB Bank plc on the PFI FEPS refinancing project.
• Council (confidential), sponsor and funder: Advising on various refinancing projects.
• Sponsor: Advising on the acquisition of a portfolio of completed PFI projects.

Roads and Bridges

• Mombasa to Nairobi PPP toll road: Advising the Kenya PPP unit on this toll road.
• Greek roads: Advising the Greek Ministry of Infrastructure on the restructuring of four existing road PPP concession agreements.
• Greek road: Advising Hellenic Development Fund on the letting of a road concession.
• Thames Gateway Bridge: Advising sponsors (confidential) on this project.
• Private sector sponsor: Advising a sponsor bidding to design, build and operate PFI road schemes in Wales (Sirhowy) and Northern England (Cumbria).
• R2 road project (Spain): Advising a UK lender on its possible participation in this Spanish road project.
• Birmingham Highways Maintenance PPP: Advising lenders on direct agreements and ongoing operational matters.
• Northern Irish Department of Regional Development – roads: Advising on approval of revised GIC arrangements for a major road PPP project and a major refinancing.
• Kenya roads: Advising the Kenyan PPP unit on the national roads program.

Satellites/Telecoms

• Galileo PPP satellite project: Advising the EU on Phases 1 and 2 of this project.
• EASSy telecommunications cable project: Advising the sponsors on the financing issues for this submarine cable project. EIB was one of the prospective lenders.
• Baharicom: Advising the investors on the financing of their investment in a submarine cable project off West Africa.

Defense

• MoD Shipbuilding: Advising the MoD in relation to an industrial reorganization project (confidential).
• MoD Shipbuilding: Advising the MoD in relation to its future frigate program.

Other relevant experience

• Banking: Considerable experience in "pure" banking work, of both a secured and unsecured nature. This has included advising banks and borrowers on security/intercreditor matters and trade finance. Other transactions include debt financing (and refinancing) for a cable TV network, leveraged buy-outs and the banking aspects of corporate acquisitions (including due diligence of the banking facilities).
• Caribbean region: Advising lenders on a number of financings and refinancings across the region in the renewable, infrastructure and hotel sectors in the Turks & Caicos, Bahamas, Antigua, St Lucia, BVI, Cayman Islands and Jamaica.
• Millennium Wheel: Advising the funders for the Millennium Wheel project.
• Eastern Europe: Advising sponsors and lenders on transactions in the Czech Republic, Poland, Romania and the Russian Federation respectively.
• EBRD: Whilst on secondment to the in-house legal department of the European Bank for Reconstruction and Development, advising on a number of equity and debt investments made by the bank in its countries of operation.
• Russia: Advising the bondholders in respect of the first financial reconstruction of a private sector financial institution in Russia.