Project and infrastructure financing/PPP

Project financing is based on limited recourse to the assets or business of the project and requires a thorough analysis and understanding of all aspects of a project. Buddle Findlay’s multi-disciplinary team of experts assists clients to assess and manage project risks to achieve successful project financing transactions.

Overview

Successful project financing involves the proper identification, allocation and management of project risks. Our lawyers have extensive experience assisting our clients to structure and manage risk in all types of project financing in the New Zealand and overseas market.

Our project finance team comprises experts in finance, construction, property, resource management, regulatory, taxation, and corporate and commercial law. We regularly act for project finance lenders, sponsors, contractors and borrowers on all types of project finance transactions in many different industries including energy, roading and transport, telecommunications, health, water and wastewater and other public infrastructure as well as limited recourse commercial property developments.

Our team has specific experience advising on PPP transactions under the New Zealand government's PPP regime, advising both bidders and financiers on PPP projects.

We also regularly act for financiers on various cross-border lease and other asset finance transactions for aircraft, transport assets, training simulators and other major industrial assets.

Market recognition

"The Cardrona Wastewater Project was a great opportunity for BNZ to work with the private sector in an innovative way to deliver sustainable three waters infrastructure for the public sector and provide opportunities for growth in regional New Zealand." - Susan Lucking, Director, Specialised Finance, Bank of New Zealand

"There is depth of experience in the team, with an appropriate level of seniority applied to certain tasks. If one person is not available there is always a backup person who can step in." - Legal 500 Asia-Pacific

"All of the individuals I have worked with have been highly competent, easy to work with and responsive." - Legal 500 Asia-Pacific

Member of Infrastructure New Zealand

Experience

Sector/Expertise

Work highlights

Acting for the project finance lenders

to the Southern Cross Next fibre optic cable project linking Australia, New Zealand, the US and several Pacific Islands

Advising lenders

in relation to project financing for various social housing projects

Acting for Central Plains Water

in relation to the project financing for its irrigation scheme project in Canterbury

Advising Bank of New Zealand

on project financing of the Mt Cardrona Station Resort's water and wastewater treatment plants which are public private partnerships between the private sector developer and Queenstown Lakes District Council

Advising the lenders

on the first transactions under the Infrastructure Funding and Financing Act implemented by Crown Infrastructure Partners

Advising New Zealand Export Credit Office

on reinsurance and export guarantee transactions

Advising lenders

providing project financing for upstream oil and gas projects

Advising lenders

on the project financing of the Mokai and Ngawha geothermal power projects

Advising lenders

on the development of various student accommodation

Our team