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Portrait ofGordon Hay

Gordon Hay

Partner
Head of Banking & Finance, Scotland

CMS Cameron McKenna Nabarro Olswang LLP
Saltire Court
20 Castle Terrace
Edinburgh
EH1 2EN
United Kingdom
Languages English

Gordon is head of Banking & Finance in Scotland. The CMS Banking and Finance Team is the largest in Scotland and has been top ranked by both Chambers and Legal 500 for a number of years.

Gordon has a been a partner for over 10 years and acts for banks and borrowers in relation to energy finance, real estate finance and general corporate lending. Gordon spent time on secondment at the Bank of Scotland’s Energy team and has a particular interest in all aspects of energy financing.

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"Highly commercial and pragmatic, and good at defining key issues and highlighting them to clients"

Chambers

Relevant experience

  • The Close Brothers Energy Team in financing over £400m of renewable energy projects.
  • HSBC plc in the provision of around £40m of facilities to one of Scotland’s largest private companies based in Scotland and operating internationally.
  • Clydesdale Bank plc in relation to a number of onshore wind and solar financing transactions.
  • HSBC plc in the £40m refinancing of a Scottish retail company.
  • An Aberdeen based upstream oil and gas company in relation to its £190,000,000 borrowing base revolving credit facility made available by a banking syndicate;
  • Santander plc in relation to the project financing of a large onshore English windfarm.
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Memberships & Roles

  • Associate Member, The Chartered Institute of Bankers in Scotland
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Education

  • 1999 - Diploma in Legal Practice, University of Aberdeen, Aberdeen
  • 1998 - LLB (Hons), University of Aberdeen, Aberdeen
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30/10/2023
InDebt
Welcome to InDebt, our knowledge hub of legal insights focusing on the global debt markets.   The recent evolution of the lending market has involved significant regulatory change and has led to greater competition in the supply of debt funding. While current geopolitical and macroeconomic challenges continue to press borrowers, all market participants will want stay up to date with key developments and issues as they arise.   InDebt aims to help navigate these challenges, providing practical insights to the topical issues, regulatory updates and case law affecting all stakeholders. Content will be regularly updated. If there is a topic you’d like to discuss further, please do get in touch.
01/10/2020
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CMS Scotland worked with a number of key industry leaders and surveyed over 100 executives of four of Scotland’s most important future industry sectors to create our Thought Leadership report Scotland:...
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12/12/2018
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08/11/2018
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Our inaugural Banking and finance legal update will cover recent key market trends and developments, as well as looking at what’s to come as we enter a crucial period with Brexit on the horizon. This...
13/02/2017
CMS advises Nedbank in relation to a reserve based lending facility for...
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Green Investment Bank - Developments
On 25 May 2012 the draft Enterprise and Regulatory Reform Bill had its first reading in Parliament. Amongst other measures, the Bill provides powers to the Government to designate formally the Green Investment...