Peter Block
|Partner

Peter is a specialist in corporate finance and the financing and development of large and complex projects with multiple packages and significant interface risk. He has acted for government, sponsors, developers, financiers, construction contractors, operators and maintainers on procurement projects in Australia, the UK, Europe, Asia and Africa over the past 25 years.

Peter has extensive experience particularly in the following sectors:

  • Corporate and acquisition finance
  • Transport – roads, ports and airports
  • Infrastructure projects including PPPs
  • Investment in and sale of infrastructure assets and project restructuring
  • Energy - power, oil and gas
  • Telecommunications – satellites and terrestrial

 

    Healthscope acquisition by TPG/Carlyle

    Advised Healthscope in its A$2.7bn takeover by scheme of arrangement by private equity consortium Texas Pacific Group (TPG) and The Carlyle Group. The recommended offer was the culmination of an intense bidding war between a number of private equity groups. Given the bidding duel, the transaction dynamics and strategies changed regularly and quickly. We had a key advisory role and were able to provide urgent and constant strategic and legal input as required in the bidding process.

    A$1.55 billion Lloyds Banking Group sale of Capital Finance and BOS International Australia

    Acted together with Allen & Overy as joint legal advisers to the Lloyds Banking Group on the sale of its Australian asset finance business, Capital Finance Australia Ltd (CFAL), and its corporate loan portfolio, BOS International Australia Ltd (BOSI) to Westpac Banking Corporation for approximately A$1.55 billion in total.

    Department of Defence Single Living Environment Accommodation Precinct - Phase 2

    Acting for the syndicate of banks to the RBS/Leighton/Transfield consortium in the revised bid for the design, construction, financing and maintenance of the 17 site Department of Defence Single Living Environment Accommodation Precinct Phase 2 PPP.

    A$2.37 billion Cheung Kong Consortium takeover of Envestra

    Acted for Cheung Kong Holdings Limited, Cheung Kong Infrastructure Holdings Limited & Power Assets Holdings Limited in the successful takeover of Envestra Limited, one of Australia's largest natural gas distributors.     

    Port Capacity Project

    Advised the Port of Melbourne Corporation on the procurement and transactional aspects of Melbourne's Port Capacity Project. The Port Capacity project will enable the port to meet increasing trade demand and protect the economic future of one of Australia's leading freight gateways.

    2017