Infrastructure, Energy, Natural Resources (IEN)
We advise on the full range of matters for infrastructure, energy and natural resources clients, including mergers and acquisitions, all forms of financing, competition and regulatory, tax, commercial, trading, construction, operation and maintenance contracts as well as general commercial and corporate advice.
Our practice, headed by Mark Horton, is divided into three key practice areas:
- Infrastructure - airports; ports; rail and road; logistics; water and waste management
- Energy - power and renewables; oil and gas
- Mining and Minerals - coal, metals and minerals
For each international project we draw on long-standing relationships with leading independent law firms worldwide. This brings together individuals from the relevant countries to provide the optimum legal expertise for that particular transaction. This allows us to deliver a first class global legal service in a way that is appropriate to the relevant market.
It is always a few moves ahead - it has the connections and knows the right parties, so it can liaise for us. Chambers UK, 2012View all Infrastructure, Energy and Natural Resources media comments
Our key experience includes advising:
United Utilities on the formation of a new joint venture with Severn Trent.
Global Infrastructure Partners on the agreed sale of its 75% interest in London City Airport to a consortium.
Manchester Airport Group on the acquisition of Stansted Airport for £1.5 billion.
Drax Group plc (Drax) on a £100 million term loan facility and a placing to raise £190 million. The proceeds of the placing will be used to support the funding required to transform Drax into a predominantly biomass-fuelled electricity generator.
AngloGold Ashanti, the South African gold miner, on a new US$1 billion, five-year unsecured revolving credit facility.
on the financing of the Egyptian Refinery Company's Mostorod Oil Refinery Project, which is the largest ever project financing in Africa, comprising US$2.6 billion in debt and a further US$1.1 billion in equity.
BHP Billiton on various matters, including its proposed production joint venture with Rio Tinto in relation to both parties’ Western Australian iron ore assets and the US$45 billion bank facilities to finance its offer for Potash Corporation of Saskatchewan Inc.
Egyptian Methanex Methanol Company, the project company, and project sponsors (Methanex Corporation and EGAS) on a pioneering methanol petrochemicals project.
Global Infrastructure Partners on the acquisition of Edinburgh Airport Limited from BAA for £807.2 million in cash and on its acquisition of London Gatwick Airport for £1.125 billion.
Centrica on project finance facilities for the financing of its wind farm portfolio and its joint venture with, DONG and Siemens in respect of Lincs offshore Wind Farm.
European Investment Bank on road projects such as the N6, N4, M7/M8 and N8 Irish PPP projects; the M80 Scottish Road PPP project; and the M25 widening UK PPP project.
Kosmos Energy on US$1 billion reserves-based facilities to fund appraisal and development of the Jubilee Field offshore Ghana. We also advised on the US$3 billion refinancing.
Lend Lease as preferred development partner to develop the London 2012 Olympic Village at Stratford City London, including both the £2 billion development of the Olympic Village itself and the subsequent £3.5 billion regeneration project for Stratford City.
RWE on its sale of Thames Water Holdings plc to Kemble Water Limited, a consortium led by the European Infrastructure Funds of Macquarie Bank, for £4.8 billion cash consideration (an enterprise value of £8 billion).