Samay Shah

Partner
Joined firm 2011. Partner since 2020.

Samay has a broad financing practice covering general bank finance, acquisition finance and project finance, as well as restructurings. He also has broad experience advising on corporate and commercial transactions, with a particular focus on the infrastructure, energy and natural resources sectors.

Highlights include advising:

  • UK Infrastructure Bank on a number of transactions, including:
    • its £200 million debt investment as a cornerstone lender to CityFibre’s £4.9bn financing programme to support the roll out of full fibre broadband across the UK.
    • a £50 million loan to Portsmouth Water, it’s first investment in the UK water sector.
  • Vitol SA on a number of financing transactions.
  • VPI on a number of financing transactions relating to its portfolio of gas turbine power plants (both in development and in operation).
  • Various clients on reserves based loan financings in the oil & gas sector.
  • Norsk Hydro ASA on the establishment of its Euro 5 billion EMTN programme (containing optionality to issue green notes and sustainability-linted notes).
  • Alunorte on its sustainability-linked credit facility which supports its fuel switch project in Brazil.
  • Aker Horizons on its acquisition of Mainstream Renewable Power.
  • Attarat Power Company and the project sponsors, Eesti Energia AS and YTL Power International Berhad, on the approximately $1.6 billion project financing and development of a 554MW oil shale-fired power plant at Attarat um Ghudran, Jordan.
  • YTL Power International Berhad (YTL) on the sell-down of a part of Eesti Energia AS’s equity stake in Attarat Power Company to YTL and to incoming investor Guangdong Yudean Group Co. Limited and the related shareholder arrangements.
  • Malaysia Airports Holdings Berhad (MAHB) on:
    • the acquisition of a 40% stake in Istanbul Sabiha Gökçen Airport from the GMR Group, taking MAHB’s holding from 20% to 60%
    • the acquisition of a further 40% stake in Istanbul Sabiha Gökçen Airport from the Limak Group, taking MAHB’s holding to 100%
    • the sale of its 10% equity stake in Delhi International Airport Private Limited, the company that operates New Delhi Indira Gandhi International Airport.
  • Seadrill Limited, one of the world’s largest offshore drilling contractors, on its comprehensive restructuring plan, involving secured credit facilities totalling $5.7 billion of outstanding debt and delivering $1.06 billion of new capital.