John Flynn

John Flynn is a Managing Associate in the Energy & Infrastructure Group, with a focus on project finance and other debt finance transactions in the energy sector (including renewable power and conventional power).

• Engagements

  • A renewable energy developer in relation to the construction, tax-equity and term/back-leverage financing of its portfolio of solar projects on the U.S. East Coast.
  • The portfolio company for a portfolio of merchant gas-fired peaker plants in relation to its revolving loan and letter of credit facility, dividend recapitalization in the Term Loan B market and its energy hedging program, including the intercreditor arrangements between its lenders and hedge providers.
  • Citibank, N.A. as underwriter in connection with the US$68 million green bond offering to finance the construction of Gevo, Inc.’s renewable natural gas project in Northwest Iowa.
  • A private equity firm in relation to its bid to acquire the Nacogdoches Generating Facility, a wood waste biomass-fueled power plant in East Texas.
  • A bidder in connection with its proposed investment in a circa US$1.6 billion y-grade natural gas liquids pipeline.
  • The sponsor in connection with the structuring and project documents for the expansion of its international subsea fiber optic cable system.
  • A bidder in connection with its bid to acquire a 53 mile 400 MW HVDC electric transmission line in the greater bay area of San Francisco, California.
  • Crédit Agricole Corporate and Investment Bank as lead arranger and revolving administrative agent in connection with McDermott International, Inc.’s US$1.7 billion super-priority senior secured rescue financing, Chapter 11 restructuring including its US$2.81 billion debtor-in-possession financing, US$2.44 billion exit financing package, and post-exit capital raisings totaling US$560 million. McDermott International, Inc. is a global upstream and downstream engineering, procurement, construction and installation company.
  • Targa Resources, one of the largest independent midstream infrastructure companies in North America, in connection with its various debt facilities, including Targa Resources Partners’ US$2.2 billion senior secured revolving credit facility, circa US$6 billion in senior unsecured notes and US$400 million accounts receivable securitization facility and Targa Resources Corporation’s US$670 million senior secured revolving credit facility and term loan facility.
  • Clean Energy Finance Corporation, an Australian Government authority (CEFC), as financier in relation to the project financing for a 88 MW (AC) solar farm in Australia with a project value of circa A$135 million and the A$55 million project financing for the 55 MW (AC) second stage of the Oakey Solar Farm in Australia.
  • Ratch Corporation Australia Limited, a subsidiary of one of Thailand's largest energy companies, as sponsor in relation to the project financing for a 42 MW (AC) solar farm in Australia with a project value of A$100 million.
  • Paringa Resources Limited in relation to the project financing of a mine in Illinois by Macquarie Bank Limited, which included a letter of credit facility for its environmental and other bonding obligations and an equity kicker for the lender in the form of share options at the Australian parent level.
  • A global private equity firm, as direct lender, in relation to two separate limited recourse construction financings for the development of a sports arena and various leisure, retail and commercial developments, which included an equity kicker in the form of a convertible note at the holdco level.
  • BB Energy in relation to the limited recourse financing for its acquisition of an Australian diesel storage terminal business from Morgan Stanley Capital Group.
  • Westpac Banking Corporation in connection with its A$61 million debt finance facility for St George Community Housing to facilitate the construction of 275 new dwellings across the Sydney metropolitan region.
  • Speedcast International Ltd, an Australian ASX listed satellite communications technology company, on refinancing its acquisition finance and working capital facilities with a circa US$425 million Term Loan B and circa US$100 million multi-currency revolving credit facility.
  • Reece Ltd, an Australian ASX listed plumbing products supply company, on its circa US$1.15 billion Term Loan B acquisition financing for the acquisition of Texas-based peer Morsco Inc.
  • Broadspectrum Limited (an asset management, outsourcing and infrastructure development business, subsequently acquired by Ferrovial Servicios, S.A.) in relation to the amend and extend of its circa A$600 million syndicated, secured, refinancing, working capital and bonding facility.
  • The club of surety providers in relation to a circa A$1 billion multi-currency club bonding facility for a global construction company.
  • St. George Bank on the financing for the acquisition of six hotels and resorts across Australia to the value of A$100 million by ASX listed Elanor Investors Group.
  • An international investment bank in relation to its A$1.2 billion bridge financing for the acquisition of a division of one of the 'Big Four' Australian banks.
  • The club of Australian and overseas banks in relation to the circa US$70 million multi-currency Asia Pacific working capital facilities for a global professional services firm.