Profile
Lindsay Crawford is an Of Counsel in the firm’s Project & Infrastructure Finance practice in Dubai, with a particular focus on the financing and development of energy, utilities and social infrastructure projects across the GCC, and deep experience in the UAE over the past 7 years. He advises lenders, sponsors and developers on complex project financings, portfolio financings, public-private partnerships and strategic investments.
Lindsay has played leading roles on a number of the region’s most significant project financings and he is recognised for his ability to navigate sophisticated financing structures, manage multi-jurisdictional workstreams and deliver commercially focused advice on bankability, risk allocation and project execution.
Concentrations
- Project Financing
- Infrastructure, Utilities, Energy
- Banking & Finance
- Public Private Partnerships
Capabilities
Experience
- Currently advising a bidding consortium in respect of Project Hydro, the acquisition and operation of brownfield water treatment assets and construction and operation of greenfield assets at Ain-Dar and Khurais Sites in Saudi Arabia, initiated by Saudi Aramco.
- Currently advising Sembcorp in relation to the Dhofar II Wind IPP in Oman.
- Advised a bidding consortium in respect of the Riyadh East ISTP in Saudi Arabia, procured by SWPC.
- Advised lenders in connection with the up to US$ 375m debt financing for Positive Zero’s decarbonization-as-a-service platform in the GCC (across the UAE, KSA, Bahrain, Oman & Qatar).
- Advised lenders in relation to facilities made available to Metito Utilities Limited.
- Advised lenders to the US$ 2 billion award-winning project financing of ADNOC and TAQA’s Project Wave, which comprises a new seawater treatment facility and distribution to provide sustainable water supply for ADNOC’s onshore operations.°
- Advised the lenders to a consortium in relation to their bid for the Riyadh-Qassim IWTP4.°
- Advised Aflanar and Sembcorp in relation to their bid for SPPC Round 6 Solar IPPs.°
- Advised Aflanar and Sembcorp in relation to their bid for SPPC Round 6 Wind IPP.°
- Advised the lenders in relation to Rua Al Madinah District Cooling project in Saudi Arabia.°
- Advised the lenders to Orascom and Besix in relation to their bid for the Madinat Zayed IPP.°
- Advised lenders to the US$ 1 billion award-winning project financing of EWEC’s Al Ajban PV3 Project, a 1.5GW solar photovoltaic IPP in Abu Dhabi.°
- Advised the lenders project financing the Saudi National Water Company’s LTOM Package 7, comprising the refurbishment and maintenance of 4 STPs in the Al Ahsa Governorate.°
- Advised lenders in relation to the project financing of the award-winning Tanajib Residential Camp Expansion procured by Saudi Aramco in Tanajib, KSA.°
- Advised the lenders with respect to the refinancing of the Sakaka IPP in Saudi Arabia. °
- Advised the sponsors in connection with their bid for the Saadiyat Island IWP procured by EWEC. °
- Advised a Saudi developer on the portfolio financing of multiple new data centers.°
- Advised a Saudi developer on the partial divestment of its interests in a number of utilities projects, including 3 PPP Projects.°
- Advised the lender on a US$ 300 million trade facility made available to the local subsidiary of a sovereign oil company.°
- Advised the lenders to a consortium in relation to their bid for the Jubail-Buraydah IWTP3.°
- Advised Aflanar in relation to its bid for SPPC Round 5 Solar IPPs.°
- Advised Masdar in relation to each of the project financing of each of the Nur Samarkand, Nur Jizzakh and Nur Sherabad solar PV projects in Uzbekistan with ~900MW aggregate capacity.°
- Advised Masdar on the World Bank guarantee aspects of its project financing of the Nur-Bukhara PV Project, a 250MW solar photovoltaic IPP and 63MW / 126MWh capacity battery energy storage system solar in Uzbekistan.°
- Advised the lenders supporting a consortium in relation to their bid for the Ras Mohaisen IWP procured by SWPC.°
- Advised Abu Dhabi’s International Holding Company LLC (IHC) in relation to certain financing aspects of its AED 1.8 billion acquisition of 50% of Kalyon Enerji.°
- Advised lenders to ACWA Power and Gulf Investment Corporation on the financing and development of the 900MW DEWA Phase V solar project in Dubai.°
- Advised the lenders in relation to the portfolio financing of district cooling plants by Saudi Tabreed in the Kingdom of Saudi Arabia.°
- Advised lenders to a consortium in respect of their bid for the Al Ansar Hospital PPP.°
- Advising a bidding consortium in respect of the Noor 2 Street Lighting PPP procured by ADIO, in Abu Dhabi.°
- Advised the lenders in relation to both commercial and Islamic equity bridge funding arrangements for the Jubail 3B IWP being procured by Saudi Water Partnership Company.°
- Advised SCB as arranger and document bank for the consortium led by ACWA Power in respect of the Sudair IPV Project procured by the Saudi Public Investment Fund.°
- Advised SCB as arranger and document bank for the consortium in respect of the Ghubrah III IWP Project procured by the Oman Power & Water Procurement Company.°
- Advised Bank of China in relation to ACWA Power’s equity bridge financing for the Tashkent Riverside PV+BESS project in Uzbekistan.°
- Advised the lenders in relation to the ongoing financing aspects of the Taweelah IWP.°
- Advised SCB as lender in relation to a financing for the Government of Sharjah’s infrastructure development authority, Mubadara.°
- Advised Sponsors and the Project Company on all aspects of the 48ML/day Springvale Mount Piper Power Station Water Treatment Plant, including later restructure of the project.°
- Advised Cooper Energy on all aspects of the ongoing project development and financing (including its Reserve Base Lending facility) of offshore and onshore gas assets, including the redevelopment of the Orbost Gas Plant and Sole offshore gas field.°
- Advised lenders to Pacific Hydro for the project financing of the Haughton Solar Farm in Queensland, Australia.°
- Advised lenders to Pacific Hydro for the project financing of the Crowlands Wind Farm in Victoria, Australia.°
- Advised Anchorage Capital Group and CarVal Investors in relation to debt and equity funding packages to Tellus Holdings Limited in connection with the Sandy Ridge Hazardous Waste Storage Facility in Western Australia.°
- Advised the consortium of private equity funds led by Tribeca Investment Partners in relation to the financing of the Bald Hill lithium and tantalum mine and processing plant in Western Australia.°
- Advised Jadestone Energy Inc on financing the acquisition of the Montara Oil Project (offshore of Western Australia) from PTT Exploration and Production Company Limited.°
- Advised the consortium of private equity funds led by Tribeca Investment Partners on distressed debt workout arrangements in respect of Alita Resources Limited. Advised Equity Trustees Limited (as security agent) in relation to distressed debt workout arrangements, the appointment of receivers in respect of Alita Resources Limited and subsequent refinancing.°
°The above representations were handled by Mr. Crawford prior to his joining Greenberg Traurig Limited.
- Legal Counsel (Secondee), Standard Chartered Bank, 2020-2021
Credentials
- Graduate Diploma in Legal Practice, Australian National University, 2013
- LL.B., Queensland University of Technology, 2013
- B.Bus. (Finance), Queensland University of Technology, 2013
- Dubai Legal Consultant
- Queensland, Australia