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.
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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