Expertise - Project Finance and Infrastructure

The team has significant experience of advising on a variety of project finance and infrastructure finance deals.  These include PPP/PFI and NPD delivery models in sectors such as hospitals, education, transport, healthcare and defence.  We advise the public sector, sponsors, investors and lenders, both commercial banks and state-owned banks.  In the energy market, we advise on traditional energy financing such as oil and gas reserve-based lending facilities.  We have significant renewable energy project finance expertise, advising on, on and offshore windfarms, OFTOs, hydro schemes as well as marine and tidal financings.


Read our 2016/17 Banking Deals Review to find out more about our work

Key People

Experience

Scottish Enterprise
Acted as sole adviser to Scottish Enterprise (through its Renewable Energy Investment Fund) in providing both equity and project finance senior debt funding as part of a wider £50m investment to build the first phase of the world’s largest tidal energy array in the Pentland Firth region in North Scotland.
Green Investment Bank
Acted for the Green Investment Bank in lending via the Green Loan to Southend-on-Sea Borough Council. The first local authority in England to secure finance from the bank to replace its existing street lights with lower energy alternatives.
Bank of Scotland plc and Her Majesty’s Treasury
Acted on behalf of Bank of Scotland plc and Her Majesty’s Treasury in relation to new revolving loan facilities of up to £86m to Countesswells Development Ltd (a subsidiary of theStewart Milne Group Ltd). The financing will be used to fund the development of a major infrastructure and housing project comprising 3000 units and with a capital value of £800m just outside Aberdeen. This is the first deal of its kind in Scotland.
Green Investment Bank
Acted for the Green Investment Bank in providing a £9.87m Green Loan to Stirling Council for the purpose of installing LED lamps and upgrading the Council's streetlighting infrastructure.
Green Investment Bank
Acted for the Green Investment Bank in connection with the provision of a term loan facility (the Green Loan) to Glasgow City Council for the Council's Phase 1 LED Street Lighting Project.
NHS Dumfries
Acted for NHS Dumfries and Galloway in connection with the £270m project financing of the new Dumfries District General Hospital NPD project, to replace Dumfries Royal Infirmary.
Amber Green SPRUCE 2 LLP
Acted for Amber Green SPRUCE 2 LLP in providing an £11m loan facility to the University of St. Andrews to part-finance the cost of construction of a £25m renewable energy centre in Fife, including a biomass plant.

Clients