Experience
Brendan has extensive project and infrastructure financing experience in the power, renewables, natural resources, oil & gas and energy transition sectors across the UK, Europe and Africa. He has worked in both common and civil law jurisdictions and has experience in many forms of finance including commercial debt, senior, mezzanine and junior lending, equity investment, funds and capital markets.
Brendan provides advice and support to lenders, funders, investors, operators, sovereign investors, and midstream and downstream energy investors, oil companies, independents, private equity funds (and their portfolio companies) and hedging providers around the world to achieve efficient and innovative solutions to their legal, regulatory, commercial, financing and structural challenges.
Brendan is a trusted adviser to energy industry clients on a global basis and has led financings on nascent and new to market assets classes including battery energy storage solutions in both England and Ireland, carbon credits and other energy related specialised assets.
He has advised on numerous large quantum (+£100,000,000) senior and mezzanine project, energy and real estate finance transactions, as well as asset-backed and infrastructure transactions including the financing of data centres, capacity market, wind farms, power generation and distribution, oil & gas, battery storage and smart meter assets.
Brendan has also been an integral member of his client's internal teams producing precedent or market facing documents including term sheets, credit papers, precedent facility agreements and intercreditor agreements, bespoke finance and security packages and insurance, intercreditor and financial covenant papers.
Recent representative experience:
Acting for a syndicate of institutional lenders in respect of a £130,000,000 construction term loan and revolving credit facility relating to the financing of BESS assets at various UK sites (involving a primary and secondary assetco structure) and ultimately owned by a listed energy focused PLC.
Advising lenders on the £47,000,000 financing of COD gas generating assets benefiting from Capacity Market contracts located at 34 sites across England and Wales.
Advising lenders in respect of a £116,000,000 (term and accordion debt) gas peaking and BESS financing of multiple sites supported by an long term floor / route to market arrangement utilising a holdco / assetco structure that permitted future accession of additional borrowers and the development of further sites.
Advising on a $300,000,000 asset reserve based oil financing acting for a Republic of Congo borrower with the facility being provided by African lender in respect of the development of a 7000sqkm oil field in the Republic of Congo. The transaction involved a number of jurisdictions, ROC, HK and Singapore with complex and bespoke contractual and security arrangements being negotiated.
Acting on behalf of a UK clearing bank on a £52,000,000 million multi-facility smart meter financing to support an SPV acquiring installed and income producing SMETS.