NEWS

Allens advises on financing of the New Melton Hospital Project

Banking & Finance Infrastructure & Transport Project Finance

Allens has advised the financiers to the Exemplar Health consortium (comprising Capella Capital, Lendlease, Honeywell, Compass Group Healthcare and Invesis Coöperatie U.A) on the New Melton Hospital Project.

The New Melton Hospital will include a 24-hour emergency department, at least 274 beds, an intensive care unit, maternity and neonatal services, mental health services, radiology services and ambulatory care. The hospital will have the capacity to treat 130,000 patients each year. Construction is expected to be complete in 2029.

'We are delighted to have supported the financiers and worked with Capella Capital on this important project which will bring much needed health infrastructure to Melbourne's fast-growing West,' said co-lead partners Michael Ryan and Lisa Zhou.

'The project builds on Allens' market-leading public-private partnerships experience, which includes key roles on other Victorian projects, including North East Link Primary Package, Melbourne Metro Rail PPP and Ravenhall Prison PPP on which Allens supported Capella-led consortia,' added co-lead partner David Donnelly.

Allens has had key roles on all major hospital developments in Victoria, including most recently the Parkville Precinct Redevelopment - Materials Handling Building Project this year and the Frankston Hospital Redevelopment in 2023 (currently being delivered by Exemplar Health).

Allens legal team

Banking & Finance

Michael Ryan (Partner and Head of Project Finance), Lisa Zhou (Partner), Tristan Kelly (Managing Associate), Mark Hakeem (Senior Associate), Julia Arrighi (Lawyer), Eddie Chen (Lawyer)

Projects & Development

David Donnelly (Partner and Practice Group Leader, Projects & Development), Ben van Weel (Managing Associate), Tom Bleby (Associate), Soha Refaat (Associate), Penny Hollingdale (Lawyer)