Hogan Lovells 2024 Election Impact and Congressional Outlook Report
The winning deals include:
European Water Deal of the Year: Affinity Water Green Bond Facility, UK
We advised Affinity Water, the UK’s largest water only utility on its first green bond issuance, a Class A £130 million 0.01 per cent CPI Linked private placement due September 2038. The proceeds will be used to finance key investments outlined in Affinity's new Green Finance Framework which Hogan Lovells also worked on.
The Hogan Lovells team on the matter was led by Charles Ford (Counsel, IERP, London), Andrew Carey (Senior Counsel, Debt Capital Markets, London) and Julian Craughan (Partner, Structured Finance, London). To learn more about this project, click here.
Transport Refinance Deal of the Year: Thameslink Rolling Stock PPP Refinance
We advised Cross London Trains Limited on the £1.7 billion refinancing of the £2.5 billion Thameslink rolling stock programme. The project is vital to the community as it will provide better connectivity between north and south London through the centre of the City (an area which is a current transport bottleneck). It will also create direct links to Crossrail and Eurostar trains, while stations outside London will also gain substantial benefits by gaining increased access to the centre of London.
The Hogan Lovells team was led by Charles Ford (Counsel, IERP, London) and Andrew Gallagher (Partner Infrastructure, Energy, Resources, and Projects (IERP).
Commenting, global head of Infrastructure, Energy, Resources, and Projects (IERP), Philip Robb said: "We are delighted to have advised our clients on these award-winning projects. The recognition is a testament to the strength of our UK IERP team, and our ability to provide best-in-market support to our clients."