As a partner in our Infrastructure, Energy, Resources and Project Finance practice, Emma Clarke focuses on infrastructure finance, PPP and project finance, infrastructure M&A and fund financing transactions, advising primarily on the financing aspects. She brings over 15 years of extensive experience to her clients across sectors as diverse as energy (renewables including wind and waste, as well as gas and electricity), water, transport (roads, rail, ports) and accommodation (healthcare). She has acted on some of the largest and most complex deals in the international and domestic infrastructure market.
Her clients are drawn from across the spectrum of infrastructure market participants including sponsors and borrowers, commercial banks, multilateral lenders and other financial institutions, and government agencies. She has helped clients solve a range of financing challenges in particular deals involving bank, bond and hybrid financing structures. As well as advising clients on a wide range of financing solutions across the infrastructure, PPP and project finance, and infrastructure M&A space, Emma also has experience of advising parties on on-going finance contract management issues and restructuring / refinancing under-performing and distressed infrastructure debt.
Areas of Focus
Advising a major infrastructure on common debt platform and private placements in excess of £1bn for a combined regulated electricity and gas distribution business.
Advising banks, sponsors, funds & borrowers across the infrastructure and energy space on acquisitions & sales of water, electricity, gas, airports, roads and port assets.
Advising the commercial banks and EIB supporting Macquarie's consortium bids for 9 of the UK's first round Offshore Wind Transmission Opportunities involving debt of £1bn.
Advising on the acquisition and financing of 4 successful first and second round OFTO transactions
Advising EIB in connection with the development of a new financing product in the context of the financing of the Lincs OFTO.
Advising lenders (bond arrangers, commercial banks, EIB) to a bidder for the £346million 576MW Gwynt y Mor OFTO, involving proposed use of the EIB PBCE.
Advising sponsors and lenders on projects in the renewable energy and energy from waste sectors, including £570m Riverside EfW and £800m Essex waste project.
Advising on the financing of rail and metro projects, including the £600m Nottingham tram project and the £2.1billion London Underground PPP project.
Advising listed infrastructure funds on its 500m multicurrency revolving and letter of credit facilities
Advising on a multitude of other fund financings (for both Lenders and Funds) in excess of £1bn in aggregate.
Advising funders on the 2 billion restructuring of a UK construction group
Advising funders and sponsors on a number of "distressed" project assets in both the healthcare and energy sectors.