Conrad Purcell
Partner, UK
Conrad is a partner in the Projects, Real Estate and Finance team of Osborne Clarke.
Conrad brings a wealth of knowledge and expertise from his 20 year career. He has extensive experience of project finance across a broad spectrum of assets, with an emphasis on the energy transition and digital infrastructure sectors.
He has worked on an array of projects within the energy sector, including on upstream and midstream oil and gas projects, new energy technologies including wind, solar PV and CSP, hydroelectric, biomass, tidal and energy storage. More recently, he has advised on conventional thermal power (incorporating CCUS), energy infrastructure, and projects in digital infrastructure, mining, health, housing, communications and transport. He advises funders, sponsors and governments on the financing, development, acquisition and disposal of energy and infrastructure projects.
He brings a unique perspective to his clients, having worked both in-house and in private practice, including at the City of London offices of leading US and UK headquartered international law firms, which informs his practical and commercial approach to his work.
He leads a senior-led and relationship-driven practice, with deep sector expertise and experience in cross-border and multijurisdictional matters.
E&P company
Advised an independent E&P company on its $1.35 billion multicurrency syndicated loan facilities. Structured as a reserve-based lending financing, the borrowing base comprises of U.S. and Australian assets.
Precious metal royalty company
Advising a precious metal royalty company in connection with a number of gold product and copper product royalties in connection with mining projects in Brazil.
International eSAF investment
Advising an investor in connection with an Australian based CSP technology company and project developer, structuring funding arrangements for the manufacture of eSAF (sustainable aviation fuel) and a co-development framework.
£700m receivables finance
Advised a client on the terms of its participation in a c £700 m receivables financing relating to the UK smart meter programme, involving a consortium of lenders.
Offshore drilling contractor's JV
Advised a leading offshore drilling contractor in relation to its joint venture with a Nigerian entity for the provision of services to an operator operating off the coast of Africa.
BESS project financing
Advising a developer in connection with the project financing of a 70MW Battery Energy Storage Solution (BESS) project in the UK.
KX Power Ltd £200m JV for battery projects
Advising KX Power Limited on its £200m joint venture with BlackRock Real Assets to develop a pipeline of UK grid-connected Battery Energy Storage System (BESS) projects.
International mining revolving credit
Advising a leading mining company in connection with a cross border secured revolving credit facility involving Tanzania, Australia, Barbados, Canada, Cayman and New York.
State Bank of India FRSU refinance
Advising the State Bank of India in relation to the $434m refinancing of an Floating Storage and Regasification Unit (FRSU) with an associated 20 year FSRU Bare Boat Charter Agreement.
Telecoms company project financing
Advising a telecoms company on restructuring the project financing of its communications satellites, providing advanced telecommunications to rural Africa.
€1bn hydro power project finance in Cameroon
Advising the Republic of Cameroon on the c. €1bn project financing of the 420MW Nachtigal hydro power project on the Sanaga river, around 65 km north east of Yaoundé. Awarded Global Multilateral Deal of the Year 2018 by Project Finance International.
Solar PV project funding
Advising sponsors such as Norfund and Scatec, developers such as EDF EN, and funders such as PIP, Hastings and Santander, in relation to the funding of solar PV projects across EMEA (UK, Saudi Arabia, Egypt, Morocco, Kenya and Rwanda).
Wind farm project finance
Advising developers such as RES, Red Cap and RP Global, utilities such as Enel Green Power, investors such as Hg Capital and Platina Partners and lenders including Nord LB, KfW (IPEX), Lloyds, Santander, Commerzbank and Macquarie Bank in relation to the project financing of on-shore and off-shore wind farms across EMEA (UK, Nordics, CEE and Africa).
