Sydney Light Rail

Project facts

Consortium
ALTRAC, Capella Capital, First State Super, John Laing, Acciona and Alstom
Location
Sydney, NSW, Australia
Date
2014-2021
Our role
  • Financial Advisory
  • Commercial Advisory
  • Capital Raising and Refinancing
  • Bid Leadership and Advisory
Sector
Transport
Public Private Partnerships
Contract Type
Public Private Partnership
Project Value
$2.1 billion

The Sydney Light Rail project encompasses the construction, ownership, and operation of the CBD and South East Line, as well as the ownership and operation of the Inner West Line, spanning a total of 25km.

Ed, while at Capella Capital, spearheaded the initial financing of the project, and the subsequent refinancing in 2021, which was successfully funded through a Green Loan. Dan managed the certification process for this Green Loan.

The refinancing took advantage of the conditional debt paydown and favourable conditions in green financing. Additionally, there was extensive engagement and diligence with banks to deal with the historical challenges the project faced.

The project has transformed George Street into a vibrant pedestrian boulevard, catalysing significant development and investment in Sydney's CBD.

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