Melbourne Metro and Endeavour Energy win PFI awards
20 December 2017
Allens' market-leading project finance team has been recognised in two categories in the Project Finance International (PFI) Awards, including Infra Deal of the Year for its role on the Melbourne Metro infrastructure project and M&A Deal of the Year for its role on Endeavour Energy.
Allens advised the financiers to the Cross Yarra Partnership on the successful close of the Metro Tunnel Package and related packages of the $11 billion Melbourne Metro Project.
In one of the largest infrastructure M&A deals in 2017, Allens also advised the NSW Government on the partial 99-year lease of Endeavour Energy's NSW electricity distribution network, which delivered $7.624 billion to NSW in gross proceeds.
Commenting on the wins, Allens' Head of Project Finance, Michael Ryan, said the team was thrilled.
'The PFI Awards are highly regarded international awards and we are really pleased that two Australian transactions have been recognised among others in the Asia Pacific region.'
'The global recognition is a terrific testament to all parties involved in a transformational project for the City of Melbourne and a market-leading sale that will underwrite significant future infrastructure investment for the people of New South Wales,' Michael said.
The Awards ceremony will be held in February 2018.
- Germaine GrahamSenior Corporate Communications Manager,
Ph: +61 2 9230 4639
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 39 offices in 28 countries around the world.