Herbert Smith Freehills is advising the Bazalgette Consortium on its bid to become the Infrastructure Provider for the Thames Tideway Tunnel. Bazalgette, a Consortium of investors comprising funds managed by Allianz Capital Partners, Amber Infrastructure, Dalmore Capital and DIF, was selected as Preferred Bidder for the Project on 13 July 2015. The appointment of Bazalgette as Infrastructure Provider of the Thames Tideway Tunnel is subject to formal designation and licensing by the water industry's economic regulator, Ofwat, following which Bazalgette will own, finance and deliver the project.
The Herbert Smith Freehills team is led by Patrick Mitchell (Head of Infrastructure), and includes partners David Wyles (Finance), Tim Briggs (Regulatory), Gavin Williams (Equity), Jillian Chung (Construction), Julian Pollock (Real Estate), Matthew White (Planning), Jake Jackaman (Finance), and associates John Buttanshaw, Shashank Krishna, Kerry Reid, Helen Beatty, Emma Stones, Natalia Rodriquez, Sarah Rochelle and Charlotte Dyer.
Patrick Mitchell commented: "We are delighted to be advising the Bazalgette Consortium on its bid to become the Infrastructure Provider of the Thames Tideway Tunnel project. In addition to being a hugely significant and necessary project for London, the project structure has great potential to be utilised in the provision of other infrastructure."