Overview
Freehills offers expert project finance services to clients in a range of industry sectors, including transport, power, gas, water, defence, resources and telecommunications. Our Project Finance team has a broad range of experience in advising both sponsors and lenders.
We provide a comprehensive range of commercially-focused, timely legal solutions in all aspects of project finance, including:
- financing on a limited or non-recourse basis
- capital markets including 'credit-wrapped' issues
- mezzanine and subordinated debt
- commodity sales trading and financing
- domestic and cross-border leasing including equity and leverage leases and asset sale and leaseback
- financial enhancements
- risk exposure and risk management.
In advising sponsors, clients benefit from out broad industry experience as well as out multidisciplinary approach. Our role as advisers includes not only the structuring, planning, finance and documenting aspects of a transaction, but also strategic advice and analysis and a commercial understanding of contract negotiation.
In advising lenders, our clients benefit from the depth of our financial product experience, from senior debt to mezzanine and hybrids, as well as our expertise in structured finance, debt capital markets and property finance. We are also able to draw on industry experts within the firm to provide advice on the key risks affecting a project such as construction, supply or off-take agreements or industry regulation.
Experience
Freehills has experience in advising across a range of industry sectors, including:
- energy and resources
- infrastructure
- transport
- health
- telecommunications
- public private partnerships / social infrastructure.
Some of our recent experience includes:
- LNG project, Papua New Guinea ($14 billion) – adviser to one of the sponsors
- Epic Energy pipeline refinancing, Queensland ($1.25 billion) – adviser to the financiers
- Collgar Wind Farm, Western Australia ($740 million) – adviser to the sponsor
- Peninsula Link PPP project, Victoria ($759 million) – adviser to the financiers
- SEA Gas pipeline project, Victoria ($425 million) – adviser to the financiers
- M1 and M2 road refinancings, New South Wales ($515million and $465 million respectively) – adviser to the sponsor
- Waterloo Wind Farm, South Australia ($195 million) – adviser to the financiers
- Perth Airport refinancing ($750 million) – adviser to the financiers
- Hazelwood Power Station refinancing, Victoria ($750 million) – adviser to the financiers
- Waubra Wind Farm, Victoria ($330 million) – adviser to the financiers
- Hallett Wind Farms (Brown Hill, North Brown Hill and Hallett Hill), South Australia – adviser to the financiers
- Port of Newcastle development, New South Wales ($1.4 billion) – adviser to the sponsor
- Biosciences PPP project, Victoria ($230 million) – adviser to the financiers
- South Australian schools PPP project ($320 million) – adviser to the financiers
- Worsley co-generation project, Western Australia ($700 million) – adviser to the financiers
- Oz Minerals refinancing – adviser to Oz Minerals in relation to its critical refinancings
- Cross City Tunnel acquisition, New South Wales – adviser to the sponsor
Working with you
Our demonstrated experience and expertise in all aspects of project finance allows us to deliver effective and valuable legal and project management advice.
Our lawyers are industry experts as well as legal experts. We recognise that industry knowledge is at the core of relevant and effective advice.
Our team offers comprehensive support and guidance on all aspects of project formation, structuring, implementation, financing and operation. Our clear and practical approach will help you enhance your competitive advantage and achieve commercial success.
