Jonathan Toffolo

Associate, London



Jonathan is an associate in the European infrastructure debt practice at White & Case. Jonathan specialises in infrastructure acquisition financings and refinancings, acting for both infrastructure sponsors and finance providers.

Prior to joining the firm, Jonathan worked in Energy, Infrastructure and Project Finance practices at two City law firms.

Bars and Courts
England and Wales
University of Law


BA (Hons)
SOAS, University of London


Representative experience includes:

Representation of existing and incoming funders in connection with the €2.6 billion refinancing of Ventient Energy, Europe's largest operator of onshore wind farms, including establishment of a new multi-creditor common terms platform.

Representation of funders to a joint venture of DWS and MEAG on their acquisition of Weltec, a German biogas business.

Representation of Farnborough Airport on its refinancing (having also previously acted on the acquisition of Farnborough Airport by MEIF 6).

Representation of Bristol Airport on the refinancing of its bank facilities (having also previously acted for Bristol Airport on its most recent private placement note issuance).

Representation of funders in connection with the refinancing by AIP of AquaShip AS and InterShip AS as part of the merger of the two entities.

Representation of the mezzanine funders to Nordic Infrastructure AG.

Representation of Koole on the establishment of the multi-creditor common terms platform for Koole Terminals and subsequent taps. The debt package included ESG linked incentives.

Representation of VTTI B.V. on the establishment of the multi-billion dollar multi-creditor common terms platform, including senior bank facilities, a USPP and standalone hedging, for refinancing of their existing unsecured bank and PP debt, and subsequent work.

Representation of the funders to a bidder in relation to multi-layer financing for its bid for 51% of the issued shares in Deutsche Telecom's German and Austrian TowerCo.

Representation of Beacon Rail Leasing on the €1.45 billion equivalent refinancing of Beacon Rail Leasing's senior debt facilities into a new multi-creditor common terms platform for their European business and continuous representation on the ongoing taps.

Representation of the funders to GIP in relation to a junior financing for a bid by New Suez for the acquisition from Veolia Environment of the Suez's waste and water business assets in the UK.

Representation of the funders on the Värmevärden and Adven refinancing including a platform and bank and PP debt.*

Representation of OTPP on a private placement note issuance for Bristol Airport.*

Representation of the Sponsor (Macquarie European Infrastructure Fund 6) on its acquisition of Farnborough Airport from TAG Aviation.*

Representation of the funders in relation to a refinancing for Heathrow Airport.*

Representation of the lenders on the refinancing of a ferries business in the UK.*

Representation of the lenders in relation to the refinancing of a European storage terminals business.*

Representation of the borrower in relation to an acquisition and refinancing in the Spanish telecoms sector.*

Representation of Junior Lender (a DFI) in connection with the financing of a wind farm in Eastern Europe.*

*Experience prior to joining White & Case