Allens has advised the Bombardier-led consortium, comprising Bombardier Transportation Australia, John Laing, ITOCHU Corporation and Uberior, on its winning tender for the Queensland New Generation Rollingstock PPP Project.
Under the deal, which reached financial close on 15 January 2014, the consortium will finance, design, build and maintain 75 electrical-powered trains and a purpose-built maintenance centre.
The delivery phase will be completed between now and 2018, with ongoing asset maintenance services being provided for 30 years.
This is a significant project for Queensland, as the new trains and maintenance centre will cater for the increase in passenger services as South East Queensland grows. The trains will also replace the State's aging train fleet.
Partner Emma Warren, who led the Allens team on the transaction, said the deal is important for the people of South East Queensland.
'It was great to work with such an experienced consortium to get this technically complex deal to financial close,' Ms Warren said.
'Allens was involved in the Government Wireless Network and Queensland Schools PPP projects in 2013, and this rollingstock PPP project is another example of the Queensland Government delivering much-needed infrastructure to Queenslanders.'
Allens legal team
Emma Warren (Partner – Melbourne), David Donnelly (Partner – Melbourne), James Darcy (Partner – Melbourne), Scott McCoy (Senior Associate – Sydney), Nicholas Ng (Senior Associate – Brisbane), Hannah Biggins (Senior Associate – Melbourne), Emma Colman (Lawyer – Melbourne), Claire McMahon (Lawyer – Melbourne)
Notes for editors.
Allens is a commercial law firm working throughout Australia and Asia. Through its integrated alliance with Linklaters it provides clients access to 40 offices in 28 countries around the world.