England - London • Projects, energy and natural resources

DWF

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With a strong focus on energy transition and decarbonisation, DWF utilises its roster of regional practitioners across construction, real estate, finance and energy to competently address all aspects of their clients' infrastructure projects. The firm demonstrates experience of both traditional and renewable energy mandates, as well as utility projects, nuclear developments, and digital infrastructure builds, most notably involving data centres and battery energy storage. Brendan Slack – who has a real estate background –  advises borrowers, lenders and sponsors on project, senior and mezzanine financing deals. Shane Toal is well-versed in regulatory and development issues affecting energy projects, while Darren Walsh has an energy focus that spans renewables such as solar and hydro power, as well as nuclear and waste management work. Eleanor Cook is a Liverpool-based director in the banking team whose expertise in specialised structure-asset based lending is crucial to financial institutions such as Barclays, Lloyds and RBS.

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Key clients

  • National Westminster Bank plc
  • Lombard North Central plc

Abbreviated data is displayed for this firm.

Work highlights

  • Advised National Westminster Bank plc (NatWest) on the original £60M term loan facility completing June 2022 and advising a syndicate (NatWest and Coöperatieve Rabobank U.A (Rabobank)) on the amendment and restatement of the facility to increase to a £130M term loan and revolving credit facility relating to the financing of Battery Assets at various UK sites (involving a primary and secondary assetco structure) and ultimately owned by a listed energy focused PLC (completed February 2023).
  • Acting for National Westminster Bank plc and Santander UK plc in their £125m financing  in respect of a series of battery energy storage projects ("BESS") and gas peaking plants across the UK.

Abbreviated data is displayed for this firm.