Matt Sercombe
Matt Sercombe
Matt Sercombe
Matt Sercombe

Biography

Matt has extensive experience in the delivery and financing of major power and infrastructure projects. He is experienced working on a broad spectrum of asset classes, including energy (transmission and battery storage), infrastructure (road, rail, port and social), and petroleum and mining ventures.

He has assisted clients in the successful delivery of a number of market leading transactions including:

  • The procurement and restructuring of the 500kV western renewables link transmission line from Sydenham to Bulgana.
  • The procurement and delivery of the availability-based concession for the Metro Tunnel rail project, the construction of twin 9km underground rail tunnels from Kensington to South Yarra and five underground stations through the Melbourne CBD valued at a total of $11 billion.
  • The sale of Pacific Hydro, a renewable energy business with 19 assets across Chile, Brasil and Australia for an installed capacity of approximately 900 MW of wind and hydro electricity generation.

Matt’s experience spans all forms of project development and construction contracting models, including public private partnerships, EPC/D&C, alliances and reimbursable cost models.

Matt previously worked with the oil and gas services major, Baker Hughes.

Matt is a Counsel in the White & Case Energy, Infrastructure, Project and Asset Finance Group, a global team dedicated to providing business and strategic advice to clients regarding financing transactions, which enable the completion of major projects.

Experience

Electricity Transmission

Gippsland Offshore Wind Transmission Project (2026)

Adviser to the financiers of a bidding consortium for the project financing, construction, and maintenance of the Gippsland Offshore Wind Transmission Project in the State of Victoria.

Western Renewables Link (2022-2025)

Adviser to the sponsor regarding the commercial restructure and uprating of the Western Renewables Link, and the procurement of a downstream construction partner.

VNI West (2024-2025)

Adviser to a bidder consortium regarding financing, construction, and operation of the VNI-West interconnector.

Central West Orana Renewable Energy Zone (2022)

Adviser to a bidding consortium regarding their teaming arrangements to bid on the concession to design, construct, finance and maintain the Central West Orana renewable energy zone network infrastructure.

Western Victoria Transmission Network Project (2019)

Adviser to a bidder for the construction, operation and maintenance of the contestable works package for the Western Victoria Transmission Network Project with AEMO.

Basslink interconnector (2014)*

Adviser to the sponsors on the $700 million refinancing of the wrapped capital markets debt in relation to the Basslink interconnector.

Renewables and BESS

Thomastown Battery Energy Storage System (2025-2026)

Adviser to the sponsor regarding the equity arrangements and development of the battery energy storage system at the Thomastown terminal station.

Horsham Solar and Bess Project (2024)

Adviser to the sponsor regarding the subcontracting arrangements for the 118.8 MWac Horsham Solar and Bess Project.

Altona Battery Energy Storage System Projects (2022-2025)

Adviser to the sponsor for the procurement and offtake licencing of the battery energy storage system at the Altona terminal station.

Pacific Hydro (2016)*

Adviser to the vendor on the sale of Pacific Hydro Pty Ltd, a renewable energy business with 19 assets across Chile, Brasil and Australia for an installed capacity of approximately 900 MW of wind and hydro electricity generation. 

Musselroe wind farm (2013)*

Adviser to the sponsors in relation to the financing, development, construction, operation and maintenance of the Musselroe Wind Farm, and the associated sale of equity. 

Waubra wind farm (2014)*

Adviser to the financiers on the refinancing of the term tranche and the credit support tranche under the project facility. 

Bluff Pont wind farm (2014)*

Adviser to the sponsors on the replacement of the Bluff Point wind farm operations and maintenance provider, and the consequential amendments to the project facility. 

Gunning wind farm (2014)*

Adviser to the financiers on the refinancing of the term tranche under the project facility. 

Gullen Range wind farm (2013)*

Adviser to the financiers on the project financing for the development, construction, operation and maintenance of the Gullen Range Wind Farm.

Infrastructure

Port Kembla Offshore Wind Redevelopment (2025)

Adviser to NSW Ports regarding its bid for the development of an offshore wind terminal at Port Kembla.

WA Schools PPP divestment (2025)

Adviser to Aberdeen Global Infrastructure Partners Fund GP II Ltd on behalf of Aberdeen Global Infrastructure Partners Fund II LP regarding the sale if its remaining interest in the WA Schools PPP project.

Christchurch Prison Redevelopment (2025-2026)

Adviser to the financiers of a bidding consortium for the project financing, construction, and maintenance of the Christchurch Prison Redevelopment in New Zealand.

Suburban Rail Loop (2021-2024)

Adviser the State on the line-wide alliance, franchise arrangements, early works and land negotiations for the Suburban Rail Loop project in the State of Victoria.

Microsoft APAC Data Centres (2024-2025)

Adviser to Microsoft regarding the negotiation of their master agreements for the delivery of data centre projects throughout Asia-pacific.

Aberdeen Global Infrastructure Partners PPP divestment (2023-2024)

Adviser to the sponsor regarding the sale if its interest in the ACT Law Courts PPP project, the WA Schools PPP project and the Perth Stadium PPP project.

Queensland Train Manufacturing Program (2023)

Adviser to the successful bidder for the design, construction, maintenance and subcontracting for the $9.5 billion Queensland Train Manufacturing Program comprising the manufacture of 65 new six-car passenger trains at a purpose-built manufacturing facility at Torbanlea, and the associated maintenance facility at Ormeau.

Western Outer Ring Main (2022)

Adviser to the State on coordination arrangements regarding the interface between existing road reservations and the proposed Western Outer Ring Main gas pipeline in the State of Victoria.

Frankston Hospital Redevelopment PPP (2021)

Adviser to the financiers of a bidding consortium for the project financing, construction, and maintenance of the Frankston Hospital redevelopment in the State of Victoria.

New Footscray Hospital PPP (2020-2021)

Adviser to the financiers of the successful consortium for the project financing, construction, and maintenance of the $1.5 billion new Footscray Hospital in the State of Victoria.

COVID-19 Quarantine Victoria (2020-2021)

Adviser to COVID-19 Quarantine Victoria with respect to the performance of its General Counsel function.

Philippines Railways Project (2020-2022)

Adviser to the Asian Development Bank with respect to its sponsorship of the concession for the Metro Manila Subway Project and the North South Commuter Rail Way Project in the Philippines.

Metro Tunnel Project (2016-2022)

Adviser the State on the public-private partnership and oversite development components of the Metro Tunnel rail project in the State of Victoria.

SA Schools PPP (2019)

Adviser to the successful consortium for the project financing, construction, and maintenance of two schools at Angle Vale and Aldinga with the State of South Australia.

Hobart Airport (2019)

Adviser to an equity participant on the purchase of a 50.1% interest in Hobart Airport.

Sydney Light Rail (2019)

Adviser to the project entity regarding claims related to the delivery of the Sydney light rail project.

Port of Melbourne (2016)*

Adviser to a bidding consortium on the purchase of the long term lease of the Port of Melbourne. 

Cranbourne-Pakenham Rail Corridor Project (2015)*

Adviser to the sponsors on the project financing for the construction, operation and maintenance of the Cranbourne to Pakenham rail link PPP. 

Transmission Gully PPP (2015)*

Adviser to the sponsors on the project financing of the availability-based concession for the Transmission Gully motorway, New Zealand’s largest ever PPP. Named the 2014 Asia Pacific Public Private Partnership (PPP) Deal of the Year by Project Finance International. 

Port of Newcastle (2014)*

Adviser to a bidder on the acquisition, and project financing, of the Port of Newcastle, New South Wales.

Clem7 Tunnel (2014)*

Adviser to the sponsors on the acquisition, and project financing, of the Clem7 tunnel and toll road, Queensland.

Infrastructure

Port Kembla Offshore Wind Redevelopment (2025)

Adviser to NSW Ports regarding its bid for the development of an offshore wind terminal at Port Kembla.

WA Schools PPP divestment (2025)

Adviser to Aberdeen Global Infrastructure Partners Fund GP II Ltd on behalf of Aberdeen Global Infrastructure Partners Fund II LP regarding the sale if its remaining interest in the WA Schools PPP project.

Christchurch Prison Redevelopment (2025-2026)

Adviser to the financiers of a bidding consortium for the project financing, construction, and maintenance of the Christchurch Prison Redevelopment in New Zealand.

Suburban Rail Loop (2021-2024)

Adviser the State on the line-wide alliance, franchise arrangements, early works and land negotiations for the Suburban Rail Loop project in the State of Victoria.

Microsoft APAC Data Centres (2024-2025)

Adviser to Microsoft regarding the negotiation of their master agreements for the delivery of data centre projects throughout Asia-pacific.

Aberdeen Global Infrastructure Partners PPP divestment (2023-2024)

Adviser to the sponsor regarding the sale if its interest in the ACT Law Courts PPP project, the WA Schools PPP project and the Perth Stadium PPP project.

Queensland Train Manufacturing Program (2023)

Adviser to the successful bidder for the design, construction, maintenance and subcontracting for the $9.5 billion Queensland Train Manufacturing Program comprising the manufacture of 65 new six-car passenger trains at a purpose-built manufacturing facility at Torbanlea, and the associated maintenance facility at Ormeau.

Western Outer Ring Main (2022)

Adviser to the State on coordination arrangements regarding the interface between existing road reservations and the proposed Western Outer Ring Main gas pipeline in the State of Victoria.

Frankston Hospital Redevelopment PPP (2021)

Adviser to the financiers of a bidding consortium for the project financing, construction, and maintenance of the Frankston Hospital redevelopment in the State of Victoria.

New Footscray Hospital PPP (2020-2021)

Adviser to the financiers of the successful consortium for the project financing, construction, and maintenance of the $1.5 billion new Footscray Hospital in the State of Victoria.

COVID-19 Quarantine Victoria (2020-2021)

Adviser to COVID-19 Quarantine Victoria with respect to the performance of its General Counsel function.

Philippines Railways Project (2020-2022)

Adviser to the Asian Development Bank with respect to its sponsorship of the concession for the Metro Manila Subway Project and the North South Commuter Rail Way Project in the Philippines.

Metro Tunnel Project (2016-2022)

Adviser the State on the public-private partnership and oversite development components of the Metro Tunnel rail project in the State of Victoria.

SA Schools PPP (2019)

Adviser to the successful consortium for the project financing, construction, and maintenance of two schools at Angle Vale and Aldinga with the State of South Australia.

Hobart Airport (2019)

Adviser to an equity participant on the purchase of a 50.1% interest in Hobart Airport.

Sydney Light Rail (2019)

Adviser to the project entity regarding claims related to the delivery of the Sydney light rail project.

Port of Melbourne (2016)*

Adviser to a bidding consortium on the purchase of the long term lease of the Port of Melbourne. 

Cranbourne-Pakenham Rail Corridor Project (2015)*

Adviser to the sponsors on the project financing for the construction, operation and maintenance of the Cranbourne to Pakenham rail link PPP. 

Transmission Gully PPP (2015)*

Adviser to the sponsors on the project financing of the availability-based concession for the Transmission Gully motorway, New Zealand’s largest ever PPP. Named the 2014 Asia Pacific Public Private Partnership (PPP) Deal of the Year by Project Finance International. 

Port of Newcastle (2014)*

Adviser to a bidder on the acquisition, and project financing, of the Port of Newcastle, New South Wales.

Clem7 Tunnel (2014)*

Adviser to the sponsors on the acquisition, and project financing, of the Clem7 tunnel and toll road, Queensland.

Energy and Resources

Ballarat Gold Mine (2022)

Adviser to Arete Capital regarding the management services arrangements with Balmaine Gold Pty Ltd for the Ballarat Gold Mine.

Perdaman Urea Plant (2021-2022)

Adviser to the sponsor regarding the equity arrangements for the Burrup Urea Project.

Ichthys LNG (2019)

Adviser to the principal on the Security of Payment Act claims in relation to the Ichthys LNG project.

Ichthys LNG (2015)*

Adviser to the financiers on the accession of new equity participants to the Ichthys LNG project financing as a result of equity sales and restructuring.

Muja AB coal fired power station (2014)*

Adviser to the financiers on the amendment of the project facility to remove the joint venture partner, recognise additional equity contributions and waive events of default.

Tronox and Exxaro merger (2012)*

Australian adviser on the international merger of Tronox and Exxaro to create the world's largest fully integrated producer of titanium ore and titanium dioxide.

Roy Hill China Steel Corporation equity purchase (2012)*

Adviser on the purchase of an equity stake in the Roy Hill iron ore development.

*Experience gained in a previous role

Victoria
High Court of Australia
LLB (Hons)
Deakin University
BSc (Hons)
Curtin University
English

Service areas