Allen's advisory role on Melbourne's North-East Link and the Footscray Hospital has been recognised at the Project Finance International Awards, with the projects winning Asia Pacific Transport Deal of the Year and Asia Pacific Public Private Partnership (PPP) of the Year, respectively.
Lead partner for both projects David Donnelly acknowledged the teams behind the deals and commended their outstanding work during the uncertainty of the pandemic: 'We're delighted to be recognised alongside these transactions and our clients Multiplex for Footscray Hospital, and Spark Consortium for the North-East Link. It is especially pleasing when you look at the way the teams overcame multiple lockdowns and new working environments to close the deals.'
Partner and Infrastructure Sector Leader Kip Fitzsimon noted that both projects provide important public assets: 'We're proud to work alongside our clients and play a role in these projects that will positively impact the people of Melbourne.'
'The $11.1 billion North East Link provides three-lane twin tunnels that will complete the missing link in Melbourne's freeway network and transform the way people move around Melbourne. The project will reduce congestion in the north-east while maintaining local roads for local trips, with up to 135,000 vehicles utilising this new public asset every day.
'The $1.5 billion New Footscray Hospital is a critical community asset that will help address the increasing demand from Melbourne’s booming western suburbs,' said Fitzsimon.
The annual Project Finance International Awards recognises professionals in the global project finance industry and are hosted by Project Finance International, a leading source if intelligence in the sector.