Project Finance

We are a market leader in energy and renewables, projects and infrastructure finance, with a team of specialists who offer an unrivalled depth and breadth of industry and sector knowledge. We are consistently at the forefront of the largest and most complex project financings in the market.

As a unique leader amongst Irish law firms, we have played a central role in nearly all major energy sector transactions, projects and developments on the island of Ireland. For 13 consecutive years, we have topped the Infrastructure Journal League Tables for volume of closed power and renewables project financing transactions.

Our strong track record in project finance is complemented by our leading expertise in all major project delivery structures, including PPP and conventionally procured projects, across various industry sectors such as Energy, Telecoms, Data Centres, Healthcare, Transport, Education, Justice, Waste and Water.

We offer a full spectrum of debt products, including hybrid finance options such as syndicated/bond structures, private placements, structured finance, green finance and sustainability linked finance, derivatives and other financing arrangements. We remain at the forefront of structuring and executing the most innovative transactions in an evolving debt finance market.

RELEVANT EXPERIENCE

Key highlights include advising:

Dublin Waste to Energy Limited on the €525 million financing of the Dublin Waste to Energy Project and the subsequent refinancing of the Project

BAM PPP PGGM on the refinancings of the Schools Bundle 3, Schools Bundle 4 and M11 Arklow Rathnew / N7 Newlands Cross PPP projects

Power Capital Renewable Energy, the largest independent solar power producer in Ireland, on its €125 million project financing of a portfolio of 4 solar farms

Corio Generations on an ongoing basis on its offshore wind development at Sceirde Rocks, the first major offshore windfarm on Ireland’s west coast

The European Investment Bank on the financing of the 700MW HVDC Celtic interconnector between Ireland and France

The sponsor on the Irish regulatory and legal aspects of the development, construction and financing of the 500MW HVDC Greenlink interconnector between Ireland and Wales

John Laing Group on its €1 billion acquisition of infrastructure assets in Ireland from AMP Capital

Starwood Capital Group on the €850 million financing provided to Echelon for the development of data centres in Ireland

Energia on the refinancing of its corporate revolving credit facilities

Celtic Roads Group on all aspects of the financing, operation and maintenance of three PPP major road projects: the M1, the M7/M8 and the N25

ESB and Bord Na Móna in relation to all aspects of the development and financing of the 83MW phase 2 of the Oweninny Wind Farm, Ireland’s largest wind development project

Invesis on the financing of the Higher Education Bundle 2 PPP project for the construction and maintenance of new centres across multiple higher education campuses; Atlantic Technological University (ATU) Galway and Letterkenny Campuses, South East Technological University (SETU) Waterford and Carlow Campuses and in the Technological University of the Shannon (TUS) Limerick Campus.

"The Arthur Cox team has extensive and unparalleled knowledge of renewable energy projects. Working with them inspires confidence in the team here, knowing that the advice received is sound."

The Legal 500, 2024

"The team could pull from first-hand experience to help us navigate contractual queries."

The Legal 500, 2024

“Arthur Cox is practical, solution-driven and able to call on knowledge from other contexts.”

Chambers Europe, 2024

“Technically strong but also commercial and practical applying good client knowledge when giving advice."

The Legal 500, 2023