About Tristan Kelly
Tristan is passionate about delivering on the energy transition. This passion underlies his considerable experience working across a range of project financing and development transactions in Australia and throughout Asia, including market-leading renewable energy transactions.
Tristan also spent five years at Linklaters in Singapore and Tokyo, working at the forefront of the development of the offshore wind sector in Asia.
Infrastructure is the other key pillar of Tristan's practice, regularly advising on market-leading transactions, including the successful bids and refinancings for a number of large-scale Australian PPP projects, along with privatisations and acquisitions.
Some highlights of Tristan's experience include advising:
Onshore renewables
- MacIntyre Wind Farm: Acciona on the financing of a 923MW wind farm in Queensland.
- Koorangie BESS: senior lenders on the project financing of a 185MW/370MWh battery project in Victoria.
- Goorambat East Solar Farm: senior lenders on the project financing of ENGIE Australia's 250MW solar farm in Victoria.
- Glenrowan Solar Farm: senior lenders on the project financing of Pacific Partnership's 100MW solar farm in Victoria.
- Powering Australian Renewables Fund: AGL Energy on the establishment of the Powering Australian Renewables Fund and on the separate project financings for Broken Hill and Nyngan solar farms (NSW) and Silverton Wind Farm (including development).
- Macarthur Wind Farm (AGL): AGL Energy on the sale of its 50% interest in the Macarthur Wind Farm in south-west Victoria.
- Confidential: a financial sponsor on the acquisition and development of portfolios of development and operating stage solar farm projects in Korea.
Offshore wind
- Changhua offshore wind farm: senior lenders and ECAs to the 605MW Changhua offshore wind farm project financing in Taiwan being sponsored by Ørsted under the 'holdco' financing structure.
- Changfang and Xidao wind farm: NEXI and KSURE on the 589MW offshore wind farm project financing in Taiwan.
- Yunlin offshore wind farm: wpd AG on the 600MW offshore wind farm project financing in Taiwan.
- Formosa 2 offshore wind farm: senior lenders and ECAs on the project financing of the 376MW offshore wind farm in Taiwan.
- Formosa 1 offshore wind farm: senior lenders and EKF on the first in-country project financing of the 128MW offshore wind farm in Taiwan.
- Jeonnam 1 offshore wind farm: senior lenders on the first in-country 100MW offshore wind farm project financing in Korea.
- Ørsted: on its market entry into Japan, partnership with TEPCO and joint bid for the first round of offshore wind auctions in Japan.
- Confidential: a financial sponsor on the acquisition and development of a portfolio of development stage offshore wind farm projects in Japan.
- An ECA: on its market entry into Taiwan offshore wind projects, including development of a new guarantee structure.
Infrastructure (including Public-Private-Partnerships (PPPs))
- Melbourne Metro PPP Project: the senior lenders to the Capella-led consortium on the successful bid for the Melbourne Metro Rail Tunnel PPP in Victoria.
- Geelong Convention and Event Centre: the senior lenders on Plenary’s successful bid for the Geelong Convention and Event Centre and co-located hotel development in Victoria.
- NSW LPI privatisation: the senior lenders on the bid by the Carlyle Group for the NSW LPI sale.
- AirportLink M7: the senior lenders on the bid and successful acquisition by a Transurban Queensland consortium of the AirportLink M7 tunnel PPP project.
- Port of Melbourne privatisation: the senior lenders on the IMF-led bid for the $9bn Port of Melbourne sale.
- Western Roads PPP Project: the Netflow consortium (including Plenary Group) on the successful bid for the Western Roads Upgrade PPP in Victoria.
- Transurban Queensland: the senior lenders on multiple refinancings of the various Transurban Queensland PPP road assets.