Candice Ota

Counsel, Melbourne

Biography

Overview

Candice advises on the development, financing and acquisition of projects in the oil and gas, mining and metals, infrastructure and power (including renewable) sectors.

Through working at top firms in New York, Sydney and Melbourne, Candice has represented  project sponsors, lenders and borrowers in respect of large and complex projects located in Africa, Australia, Latin America and the USA, often with multi-sourced financing arrangements.

In addition Candice advises developers, lenders, asset owners, hedge funds and private equity funds involved in the energy and infrastructure sectors on the development, financing, acquisition, disposition and transmission projects as well as other energy and infrastructure projects.

Based in the Melbourne office, Candice is a Counsel in the Firm's Project Development and Finance Group, a global team dedicated to providing business and strategic advice to clients regarding financing transactions, which enable the completion of major projects.

Bars and Courts
Supreme Court of Victoria
New York State Bar
Education
LLB (Hons)
Monash University
BA
Monash University
Languages
English

Experience

Acquisition financing of Loy Yang B Power Station
Advising the senior lenders to Chow Tai Fook Enterprises on the financing of its A$1.2 billion acquisition of the 1,000MW Loy Yang B power plant located in Victoria, Australia, from Engie and Mitsui.

Corporate financing for Alinta Energy
Representing the senior lenders in respect of the A$920 million refinancing of Chow Tai Fook Enterprises’ investment in Australian gas and electricity retailer Alinta Energy Pty Ltd.

Project financing for the Lincoln Gap Wind Farm
Advising Nexif Energy on the development and financing of the A$300 million first stage of the 126MW Lincoln Gap Wind Farm (including utility scale battery storage) located in South Australia, Australia. 

Refinancing of Queensland Airports Ltd
Represented the senior lenders in respect of the refinancing of Queensland Airports Ltd to fund expansion and upgrade works at three airports in Queensland, Australia.*

Financing and restructuring of the San Andres and El Paso Hydro Power Projects
Represented the senior lenders in connection with the US$120 million financing and restructuring of the San Andres and El Paso Hydro Power Projects located in the Tinguiririca Valley, Chile, sponsored by Hydrochile SA.*

Project financing for the Canadian Hills Wind Project
Represented the lenders in connection with the US$310 million project financing of the construction and operation of the Canadian Hills Wind Project, a 298.45 MW wind energy facility located in Canadian County, Oklahoma, owned by affiliates of Atlantic Power Corporation, JPMorgan Chase & Co., Metlife, State Street Bank and Trust Company and Union Bank.*

Refinancing of four gas-fired generation facilities in Georgia, USA
Represented the lenders in connection with the US$324 million refinancing of a portfolio of four gas-fired generation facilities located in Georgia, USA, owned by Mackinaw Power LLC, a subsidiary of ArcLight Capital Partners LLC.*

Project financing for the CPV Cimarron Wind Project
Advised  the sponsor and developer, Competitive Power Ventures, in connection with the US$240 million project financing of the construction and operation of the CPV Cimarron Wind Project, a 165 MW wind energy facility located in Kansas, USA.*

Project financing for the Idaho Wind Project
Advised the lead arrangers and senior lenders (including The Bank of Tokyo-Mitsubishi UFJ, ING Capital, Norddeutsche Landesbank Girozentrale and CoBank) in connection with the US$241 million project financing of the construction and operation of the Idaho Wind Project, a portfolio of 11 wind energy facilities with a total capacity of 183 MW, located in Idaho, USA and sponsored by GE Energy Financial Services, Exergy Development Group and Reunion Power.*

Acquisition financing of Cogentrix Inc
Represented  private equity investors in the acquisition and US$850 million acquisition financing of Cogentrix Inc. , comprising of a portfolio of 14 power plants (2330 MW) located across the United States.*

Financing and restructuring of the Schahin Black Gold Oil Rig Project
Represented the senior lenders (including Mizuho Corporate Bank, Standard Chartered Bank, WestLB AG, IFC, China Development Bank and other lenders) in the financing and restructuring of the US$1 billion Schahin Black Gold Oil Rig Project sponsored by Schahin Engenharia S.A. and Mitsubishi, which consisted of the financing of the construction and operation of two deep sea drilling rigs chartered to Petrobras and operated in Brazil.*

*Experience gained in a prior role.