The firm guided the mass transit company on a series of financing agreements
King & Wood Mallesons (KWM) has guided Australian mass transit systems operator Kinetic on a series of strategic financing arrangements.
Through the arrangements, Kinetic raised over $3.5bn across a number of transactions. KWM partner Will Stawell explained that the deal reflected Kinetic’s progress towards its decarbonisation goals.
“Getting to net zero will take a huge collaborative effort on behalf of everyone. It is rewarding to play a part in connecting Kinetic’s vision with financing partners who share that vision and can support its execution”, he said.
Stawell worked alongside fellow partners Dan Flanagan and Rebecca Finkelstein on the Kinetic facilities. Also on the team were senior associates Zoe Anderson, Amy Maguire, Pip Montgomery, and Stephen Sharpe; and solicitors Tianna Butler and Bianca Ng.
Allen & Overy advised on the Go-Ahead facilities.
Kinetic is an OPTrust and Foresight Group portfolio company and operates mass transit systems across Australia, New Zealand, UK, and Europe.
