Kamran is a senior associate in the Energy, Infrastructure and Project Finance Group in London.
Kamran has extensive experience acting for the full spectrum of market participants, including banks, multi-laterals, investors, sponsors and project companies, on greenfield and brownfield transactions covering a wide range of infrastructure sectors and financing techniques including bank debt, project bonds and multi-source financings. Kamran also regularly advises on the development and financing of projects in the energy sector including conventional and renewable power, as well as, commodities based ﬁnancings (including reserve based lending).
Eleclink Interconnector Project
Advising Eleclink, the project company in connection with the proposed 1000 MW DC power interconnector between the UK and France, which will run through the Channel Tunnel.
A11 Project Bond
Advised the European Investment Bank (EIB) in respect of its project bond credit enhancement, as applied to the €580 million public listed bond issued for the A11 motorway PPP between Bruges and Knokke in Belgium. This was the first "greenfield" project completed under the EIB's Project Bond Initiative.
A7 Project Bond
Advised the joint lead arrangers, lenders and institutional investors on the financing of the extension and operation of the A7 federal highway between Hamburg and Bordesholm. The largest PPP project ever launched in Germany, with construction costs of approximately €600 million, it was awarded by the federal state to the consortium of Hochtief, institutional investor Dutch Infrastructure Fund (DIF) and construction company Kemna. This was the first PPP project in the German market to be financed by project bonds with EIB project bond credit enhancement and a bank facility. It was also the first bank–bond financing using EIB's project bond credit enhancement, and was named "2014 European Project Bond Deal of the Year" by IJGlobal and "2014 European Road Deal of the Year" by Project Finance International magazine.
Alpha Trains Multi-Debt Platform
Advised Alpha Trains on an investment grade €1.125 billion common terms multi-debt financing platform, comprising the issuance of €350 million bonds listed on the Luxembourg Stock Exchange (the first investment grade continental European rolling stock bond issue), the raising of €525 million secured bank financing and a €250 million senior private placement offering as well as a €125 million junior private placement offering.
Nigerian Reserve Based Lending
Advised the Lenders in connection with the restructuring of a reserve based lending facility in Nigeria.