With a strong presence in Bristol and London, Burges Salmon LLP‘s versatile banking and finance team has the strength-in-depth and product knowledge to handle a significant volume of mid to upper-mid market debt finance transactions for lenders and borrowers. Energy, real estate and transport-related transactions remain a strength, with Graham Soar and Rachael Ruane recently advising longstanding client, British multinational transport group FirstGroup plc, on the financing of two interconnected projects involving up to 1,000 electric buses, with a combined debt size exceeding £200m (one of which was documented as a green loan). Andrew Eaton heads the team.
Legal 500 Editorial commentary

Key clients

  • HSBC
  • FirstGroup plc
  • Atlantic Green UK Limited
  • Rock Rail Holdings Limited
  • Santander
  • Rabobank
  • TP Leasing
  • Kineo Finance AG
  • National Westminster Bank plc
  • Export Development Canada
  • Investec Bank plc
  • Banco de Sabadell S.A.

Work highlights

Advised longstanding listed client FirstGroup plc on the financing of two interconnected projects involving up to 1,000 electric buses, with a combined debt size exceeding £200m.
Acted for Atlantic Green in securing a £152m financing package for the construction of the 624MWh Cellarhead battery energy storage system (BESS).
Advised Santander UK, Triple Point and Rabobank on the £70m construction financing of an additional battery energy storage owned and managed by global clean energy enterprise TagEnergy.

Practice head

Andrew Eaton

Other key lawyers

Rachael Ruane; Rohan Campbell; Graham Soar; Stuart McMillan; Richard Leeming; Katie Allen; Victoria Allsopp; Alistair Rattray; Tom Farrell; Alison Logan; Christopher Herford; Elin Blundell; Luke Addison