Power

• advised and arranged $1.4b underwritten finance for AEP’s bid for the Yallourn power station, Victoria. The debt package that was structured had a $70m advantage over the next best offer;

• arranged an underwritten leverage lease facility for the Hazelwood Power Station;

• advised Southern Electric in relation to its bid to acquire the LYB power station in Victoria;

• advised ABB in relation to its D&C and BOOT bids for the $575m 600MW Collie Power Station including arranging tax effective and limited recourse finance;

• advised the Portland Smelter participants in respect of their negotiations with the Victorian State Government and third party generators regarding the $1b smelter power arrangements;

• advised Magnesium International on a 400MW electricity supply contract in South Australia;

• advised Ecogen and CSIRO on the Redbank Power Project feasibility and venturing with National Power, California;

• advised the New South Wales Treasury on the disaggregation of its New South Wales generating companies so as to create a group of competing generators that would be economically and financially viable within the National Electricity Market;

• advised the New South Wales Government on Transfield/Lend Lease’s winning bid to provide a number of small scale hydro electric plants;

• advised the SA Government on its electricity industry including valuations and structure;

• advised a NSW generator on the value of its generation business as a either trade sale or float;

• advised the Queensland Government on its negotiations with Comalco re that acquisition of surplus electricity from the alumina refinery’s co-generator;

• evaluated the economics of the proposed Laluai hydroelectric project in Papua New Guinea to provide dedicated power to Bougainville Copper;

Water

• advised and structured the financed the winning bid for the first large NSW BOOT project, the $230m Prospect Water Treatment Plant. Included was a tax effective structure and the most aggressive bank debt terms previously seen in the Australian market plus the first debt capital markets project risk financing underwritten;

• advised Leighton on their BOOT bid for the Mt Piper Power Station water treatment plant;

Pipelines

• advised AMP Capital Limited on the potential acquisition of a number of gas pipelines including a detailed analysis of the Australian domestic gas market and pipeline network;

• advised Eastern Australian Pipelines Limited in their underwritten bid to acquire the Moomba to Sydney ethane gas pipeline;

• advised The Pipeline Authority on the development and financing of the $250m Moomba to Sydney ethane gas pipeline;

• advised Nova in respect of their bid to develop the PNG to Australia gas pipeline;

• arranged the largest underwritten, limited recourse Australian leverage lease facilities for Nova’s bid for the Dampier to Bunbury gas pipeline;

Other

• advised the Hope Downs Iron Ore Joint Venture partners regarding access to rail and port infrastructure in Western Australia;

• evaluated the financial arrangements for two common user coal export facilities for the Queensland Government (Hay Point and Dalrymple Bay); and

• advised and structured a PPP bid for the Victorian correctional centres.