Chris Redden, David Mason, Gaelan Cooney, and Chris Skordas lead Ashurst’s project finance team. The group advises large renewable energy sector clients and demonstrates a wider prominence in the project development and project financing of emerging sectors in Australia, with the group working on innovative and unique project financings across the region, particularly in the battery space. Skordas, emblematic of the group more widely, advised on some of the largest and most complex project financings in the Australian market in 2022, in both the energy and infrastructure sectors. Associate Kate Latta assists clients including borrowers, sponsors, financial institutions and equity and infrastructure funds. Douglas Fung is key for energy-related project financing matters.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The quality of the advice and output of the Ashurst team is top shelf. They develop a good understanding of their respective clients' requirements and work to ensure the outcomes are reflected in the documentation.’

  • ‘The individuals in the team work extremely well together and have great experience and knowledge of negotiating and preparing finance documents. The team also have a pleasant way of interacting with their clients and providing sound advice to ensure that we get the best possible outcome.’

  • ‘Outstanding commercial acumen coupled with experience and detailed legal knowledge.'

  • ‘Ability to add value to a transaction beyond simply preparing documents. We are able to leave issues for them to solve knowing that they understand our business and what our objectives are.’

Key clients

  • Macquarie
  • Plenary
  • Thunderbird Operations
  • Clean Energy Finance Corporation
  • Woodside
  • Endeavour Energy
  • Arafura Resources
  • Capella Capital

Work highlights

  • Advised Macquarie Asset Management's Green Investment Group and Shell Energy Australia on the development and financing of the 200MW / 400MWh Rangebank Battery Energy Storage System (BESS) in Cranbourne, Victoria.
  • Advised the lenders on the project financing on the AU$6bn Perdaman Urea Project in Western Australia, the largest of its kind in Australia.
  • Advising Sheffield Resources Limited (Sheffield) on the project financing of its large-scale, high-grade Thunderbird Mineral Sands Project.

Lawyers

Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

The lawyer(s) leading their teams.

Chris Redden, David Mason, Gaelan Cooney, Chris Skordas

Other key lawyers

Kate Latta, Douglas Fung