Project finance

BREXIT: As of 31 January 2020, the UK is no longer an EU Member State, but has entered an implementation period during which it continues to be treated by the EU as a...

Why are lenders concerned about environmental risk? The ever growing number of environmental laws has affected the way that lenders perceive environmental risk and has...

Lenders' risk exposure Lenders are increasingly concerned with environmental risk in their day to day secured lending businesses. All major UK banks now have to make, to...

The UK public procurement regime derives from EU procurement laws and is therefore impacted by Brexit. As of 31 January 2020 (exit day), the UK is no longer an EU Member...

The Public Private Partnership (PPP) models are a popular way for governments to involve private investment, expertise and risk in procuring infrastructure, with the...

This Practice Note looks at the change protocol (also known as the change mechanism) typically found in the Project Agreement relating to a PFI or PF2 (sometimes referred...

Comfort letters are encountered in finance transactions relatively often. They take different forms and it is important from both the lender's perspective and the...

This Practice Note considers the various Islamic or Shari’ah compliant structures typically seen in project financings and looks at the documentation involved in those...

Most projects are underpinned by a complex web of contractual relationships between all the parties involved in the project (eg the project company, equity investors,...

Competing security interests arise when more than one creditor has taken security over the same asset or group of assets. Determining the order of priority between those...

[To be printed on the headed paper of the entity submitting the form mr01] [insert date] To: [Companies House Crown Way Cardiff Wales CF14 3UZ [DX 33050 Cardiff] OR The...

The demand for public infrastructure at a time when public purse strings are tight, coupled with a lack of public sector expertise in delivering complex facilities (such...

What is a direct agreement? Direct agreements are very common in project finance transactions. A direct agreement is an agreement which gives the lenders to the project...

Registration can have an important effect on the priority of competing security interests. Broadly speaking, there are two different systems for registration of security...

What is a debenture? In the context of secured lending, the term 'debenture' means a form of security agreement that grants security interests over a broad range of the...

This Practice Note considers the enforcement options available to lenders where they hold fixed security. In particular it covers: • the options available when taking...

Security over land can be taken by way of mortgage or charge with the appropriate form often depending on the significance of the land to the borrower's business or the...

This Practice Note summarises: • the different forms of share security • the main enforcement options open to security takers • practical considerations for security...

In a typical project finance transaction, the project company (ie the borrower) is a special purpose vehicle (SPV) set up specifically for the purposes of the project....

BREXIT: As of 31 January 2020, the UK is no longer an EU Member State, but has entered an implementation period during which it continues to be treated by the EU as a...

BREXIT: As of 31 January 2020, the UK is no longer an EU Member State, but has entered an implementation period during which it continues to be treated by the EU as a...

Click here to download the latest Construction 2020 report, published by Getting the Deal Through. Jurisdictions covered The following jurisdictions are covered in this...

Click here to download the latest Debt Capital Markets 2019 report, published by Getting the Deal Through. Jurisdictions covered The following jurisdictions are covered...

Click here to download the latest Electricity regulation 2019 report, published by Getting the Deal Through. Jurisdictions covered The following jurisdictions are covered...

Click here to download the latest Electricity Regulation 2020 report, published by Getting the Deal Through. Jurisdictions covered The following jurisdictions are covered...

Click here to download the latest Environment 2019 report, published by Getting the Deal Through. Jurisdictions covered The following jurisdictions are covered in this...