Infrastructure & Project Finance
Mapping the way
What is involved?
We advise our clients at all stages of the project lifecycle including:
- structuring and financing ‘greenfield’ infrastructure projects and on managing operational projects.
- infrastructure planning, including Development Consent Orders for Nationally Significant Infrastructure Projects and other consenting regimes.
- Procurement, construction, operation and exit strategy.
- Energy and Waste projects, at all stages of the project lifecycle.
Our team has advised on some of the largest and most complex transactions to come to the market, with an aggregate value in excess of £14 billion. Whether you are a promoter, sponsor, lender, contractor, key public authority stakeholder, affected land owner or objector, we are well placed to assist you.
As a firm, we have many years’ experience working with owners, managers, funders, and procuring authorities in managing operational projects across a broad range of sectors.
Why choose Freeths?
- We are trusted by a number of the leading UK infrastructure funds and other key stakeholders to advise them on high profile, complex matters. We believe that there is no better endorsement of our capabilities than our client base
- We have the strength and depth of resource, market knowledge and experience required to bring transactions to a close or achieve your objectives in a cost-effective and efficient manner
- Our team members have top level experience of advising on infrastructure projects, and a thorough understanding of project and finance documentation, infrastructure planning, compulsory purchase and compensation law and how best to approach issues from the perspective of all stakeholders
- You can trust us to be commercially-minded, readily accessible and available to provide clear solutions
Our experience includes:
Structuring, financing and managing operational projects:
- Variations and change management
- Market testing and benchmarking
- Equity restructurings
- Secondary market transactions
- Data protection, freedom of information and confidentiality issues
- Adjudications, mediations and settlements
- Employment and HR issues
- Procurement and public law issues
- Development Consent Order applications for Nationally Significant Infrastructure Projects
- Compulsory purchase orders and compensation
- Transport and Work Act Orders
- Hybrid Bills
Freeths successfully advises a major retailer on the ESSO Southampton – Heathrow aviation fuel line Development Consent Order application. 21/2/19 (Robert Bruce)
Freeths successfully instructed to advise business land owner on the Oxford – Cambridge Expressway proposed Development Consent Order application. 24/2/19 (Robert Bruce, Penny Simpson, Jennifer Roe and Helen Jackson)
Freeths advising owner of industrial parks on HS2. 14/12/18 (Robert Bruce)
Freeths instructed to advise and represent a Council on the Hinckley National Strategic Rail Freight Interchange DCO application. 13/7/18 (Julie Russell)
Infrastructure & Project Finance Lawyers
0845 166 6277
0845 126 3775
0845 128 6958
0845 634 1725
0845 030 5759
0845 073 8559
0845 073 8551
0845 050 3667
0845 126 4387
0845 077 9643
0845 166 6274
0845 030 5734
0845 128 6950
0845 017 1122
0845 128 6997
0845 030 5758
0845 128 6995
0845 030 5729
0845 017 1133
0845 030 5737
0845 077 9578
The FCA turns the spotlight on financial advisersArticles 23rd Jan 2020
Experienced Lawyers in Dealing With Infrastructure and Development Consent Order ApplicationsArticles 6th Oct 2019
Beware: Disclosure of Expert EvidenceArticles 24th Oct 2016
"They have a can-do attitude and a responsive approach towards the client's needs."
(Chambers & Partners)
"Robert is commercially minded and quick to understand the issues and provide solutions."
(Chambers & Partners)
"Freeths' 'first-class' practice was boosted by the arrival of 'well-kept secret' James Larmour... The firm is advising multiple transactions relating to BSF projects..."
(The Legal 500)
“Chris Freeston First ranked in Chambers UK 2014. He represents clients across the spectrum of corporate lending, specialising in project finance and property work. Sources affirm: ‘Chris is very easy to get on with and always on hand to give sound, pragmatic advice’.”
(Chambers & Partners)
"James Larmour delivers a high quality service across a wide range of market sectors."
(The Legal 500, 2017)
“Chris Holwell is recognised for his provision of front-end procurement advice. He regularly advises on sophisticated projects in the UK and internationally, and is described by interviewees as ‘a standout lawyer’.”
(Chambers & Partners, 2016)
"Freeths LLP has particular expertise in advising infrastructure investors and infrastructure funds on the financing (and more recently refinancing) of projects, and the team was again active in this regard in 2016. Stoke-based head of practice James Larmour is 'proactive and commercial'."
(The Legal 500, 2016)
“The ‘outstanding’, ‘proactive’ team at Freeths is led by Richard Williams, who has ‘a huge depth of commercial and technical knowledge.’”
(The Legal 500, 2016)
"...very capable, responsive and adaptable lawyers."
(The Legal 500, 2019)
"Very capable, responsive, engaging, fun to work with, and excellent value for money."
(The Legal 500, 2020)
Structuring, finance and managing operational projects:
- Advising INPP on its acquisition of an additional 40% interest in the Lewisham Building Schools for the Future Project from Babcock Project Investments for £14.3 million. This included conducting due diligence on the underlying project and finance documents, and negotiating acquisition documents.
- Advising the Project Company on the £177 million refinancing of a street lighting project.
- Advising the Project Company on the £54 million refinancing of a Building Schools for the Future Project.
- Advising Dalmore Capital on a significant acquisition from Sir Robert McAlpine of an additional 30% investment in the Newcastle Building Schools for the Future Project.
- Advising Amber Infrastructure in relation to INPP’s investment in the ‘Thames Tideway Tunnel’ to finance the development of a £4.2 billion “super sewer” in London.
- Advising Tarmac, as O&M contractor, in relation to the £600 million Mersey Gateway Project. The project featured the first wrapped bonds under the UK Infrastructure Guarantee Programme and a financing structure including long term commercial bank finance, a construction working capital facility and long term mezzanine finance.
- Advising TC Ormonde OFTO Limited on the restructuring of its senior debt facilities to allow for the receipt of Network Innovation Competition Funding from Ofgem.
- Heathrow Third Runway Development Consent Order (DCO) application – Acting for Council
- A303 Tunnelling of Stonehenge DCO – Acting for heritage body
- Hinckley National Strategic Rail Freight Interchange DCO – Acting for Council
- Oxford to Cambridge Expressway Proposed DCO – Acting for affected business land owner
- Esso Southampton – Heathrow Aviation Fuel Pipeline DCO – Acting for affected major retailer
- Milford Haven Biomass Renewable Energy Plant Development of National Significance (Welsh equivalent to DCO) – Acted for promoter
- HS2 – Advising various land owners
- East West Rail – Advised land owners and completed compensation and settlement agreements
- Thames Tideway Tunnel – Advised affected owner and completed compensation and settlement agreement
- Various large road schemes (eg Stafford Western Access Route and Gedling Access Road)
- Various compulsory purchase orders and compensation issues, including significant claims in the Upper Tribunal (Lands Chambers)
‘Doing the right thing’ is at the heart of Freeths. Find out more about our excellent client service and the strong set of values that guide the way we work.
Talk to us
Freeths are a leading national law firm with 13 offices across the UK. If you have a query about our services or just want to find out more, why not give us a call?
Contact: 03301 001 014