Partner

Kristy Duane

Co-Head of the CMS Infrastructure & Projects Group

Languages

English

Social media

Kristy is a partner and Co-Head of the firm's infrastructure sector group. She advises a wide range of infrastructure clients on their corporate transactions. She has a particular interest and extensive experience advising infrastructure funds on their M&A and capital markets activities in the UK and Europe. Kristy regularly speaks at high profile conferences and events including the Global Infrastructure Investors Summit in London. More recently she has developed expertise in relation to corporate governance, ESG and sustainability reporting including SFDR, TCFD and SDR.

Awards & Recognitions

01 –

Quote

"Excellent legal and corporate advice"

Chambers and Partners 2016
Quote

Ranked Lawyer for Infrastructure

Chambers and Partners 2016

Relevant experience

AXA Investment Managers Alts in relation to the acquisition of a 50% stake in Coalburn 1, a 500MW battery energy storage system project, the largest project of its kind in Europe once commissioned, from Copenhagen Infrastructure Partners.
Aquila European Renewables Income plc in relation to the EUR 150m IPO on the main market, subsequent EUR 40m institutional placing and various renewables M&A transactions.
Atlantis Holdings and AXA Investment Managers-Real Assets in relation to the acquisition of Kohlberg Kravis Roberts & Co. LP’s 33.33% stake in Acciona Energia Internacional, S.A for EUR 445m and partial sale of 13.33% to ACCIONA.
John Laing Infrastructure Fund Limited in relation to its GBP 1.45bn takeover by Jura Acquisitions Limited, a company owned by a consortium led by Dalmore Capital Limited and Equitix Investment Management Limited.
VINCI Construction in relation to the acquisition of F M Conway, an infrastructure services business specialising in essential maintenance and construction services in the UK.
BBGI Global Infrastructure SA on its acquisition of various PPP assets in the UK, including Poplar Baths Leisure Centre in Tower Hamlets, an interest in the Aberdeen Western Peripheral Route, Ayrshire and Arran Hospital, and North West Fire & Rescue.
Aquila Energy Efficiency Trust plc in relation to the GBP 100m IPO on the main market and subsequent GBP 18m return of capital to shareholders by way of tender offer.
John Laing Infrastructure Fund Limited in relation to the GBP 242m placing, open offer, offer for subscription and subsequent GBP 90m and GBP 95m placings to institutional investors.
RNA Energy on its investment partnership with Nippon Koei to develop its battery storage pipeline; and its co-development agreement with Ignis Energia SA for large scale solar and storage development.
Heathrow Hub Limited on the proposed GBP 13.5bn scheme to extend the existing northern runway at Heathrow Airport.
Aquila Energy Efficiency Trust plc in relation to the GBP 100m IPO on the main market.
John Laing Infrastructure Fund Limited in relation to the acquisition of debt and equity interests in a portfolio of 5 rail and social accommodation assets, including City-Greenwich-Lewisham Docklands Light Railway (GBP 65m), the GBP 50m disposal of Barnsley Schools BSF and Newham Hospital, acquisition of equity interests in Peterborough Hospital from Brookfield (GBP 26.7m) and a portfolio of 11 assets in schooling; housing; hospitals; street lighting from Mill Group (GBP 123m).
Jordan Wind Farm Company on the development of the Tafila Wind Farm in Jordan, a 117 MW wind farm, likely to be the first utility-scale onshore wind farm in the Middle East.
Euromoney Institutional Investor plc in relation to the acquisition of Infrastructure Journal (GBP 12.5m) from Top Right Group.
Quintain Estates and Development plc on the unwinding of the existing joint venture arrangements with Lend Lease in relation to the Greenwich Peninsula development and class 1 circular and joint venture with Knight Dragon.
US Shipping Group in relation to the proposed investment and joint venture with a British shipping company.
Carbon Trust in relation to the Siemen Financial Services or Carbon finance scheme and collaboration agreement.
Pacific Agrifoods Limited on PAF’s acquisition of a 66.7% interest in Interflour Holdings Limited (Asian flour mill and Vietnamese grain terminal operator).
London Climate Change Agency and the Mayor’s office on the establishment of the Better Buildings Partnership, a London commercial property owners’ sustainability/climate change initiative.
Liberum Capital and Renaissance Capital in relation to the GBP 147m AIM float of Ncondezi Coal Company Limited and subsequent GBP 23.4m placing.

Memberships & Roles

Trustee, Friends of UWA in the UK & Europe.

Education

1997 - LLB, University of Western Australia, Perth.
1997 - BSc, University of Western Australia, Perth.

Kristy is a Partner in our Corporate team. Having previously worked for six years with Clayton Utz in Australia, she moved to the UK in 2005 and subsequently qualified in England and Wales in 2008. Kristy has a wide range of experience in corporate and corporate finance transactions, IPOs, mergers and acquisitions, joint ventures and reorganisations. She regularly advises on cross-border transactions and acts for a number of listed FTSE 250 clients on their public and private M&A and capital markets activities.

More recently she has developed expertise in relation to corporate governance, ESG and sustainability reporting including SFDR, TCFD and SDR.

Awards & Recognitions

01 –

Quote

"Excellent legal and corporate advice"

Chambers and Partners 2016

Relevant experience

LondonMetric Property plc in relation to its (i) GBP 700m takeover of Urban Logistics REIT plc (ii) GBP 1.9bn takeover of LXi REIT plc; (iii) GBP 26m acquisition of LXi REIT Advisors Limited; (iv) GBP 200m takeover of CT Property Trust Limited; and (v) GBP 415m takeover of A&J Mucklow Group plc, each by way of scheme of arrangement..
Aquila European Renewables Income plc in relation to the EUR 150m IPO on the main market, subsequent EUR 40m institutional placing, EUR 175m placing programme and various renewables M&A transactions across Europe.
VINCI Construction in relation to the acquisition of F M Conway, an infrastructure services business specialising in essential maintenance and construction services in the UK.
APG on the EUR 300m acquisition of VIA Outlets by way of class 1 disposal and associated £550m rights issue undertaken by Hammerson plc.
LondonMetric Property plc in relation to the GBP 175m and GBP 95m institutional placings to fund its logistics investments and developments, the GBP 800m merger by way of scheme of arrangement of London & Stamford and Metric Property Investments plc and subsequent return of capital of GBP 100m by the enlarged group.
Aquila Energy Efficiency Trust plc in relation to the GBP 100m IPO on the main market and subsequent GBP 18m return of capital to shareholders by way of tender offer.
NewRiver REIT plc on the class 1 disposal of Hawthorn Leisure for GBP 222m to Admiral Taverns.
Urban & Civic plc on the GBP 506m takeover by Wellcome Trust by way of scheme of arrangement.
Atlantis Holdings and AXA Investment Managers-Real Assets in relation to the acquisition of Kohlberg Kravis Roberts & Co. LP’s 33.33% stake in Acciona Energia Internacional, S.A for EUR 445m and partial sale of 13.33% to ACCIONA.
ThreeSixty Developments Limited and management team in relation to: (i) GBP 500m disposal of Westbourne student accommodation portfolio; and (ii) subsequent GBP 400m disposal of River student accommodation portfolio and operating platform, by funds managed by Oaktree Capital Management.
Euromoney Institutional Investor plc on its acquisition of Seven Site Media Limited, trading as TowerXchange, disposal of Institutional Investor Journals business, investment in Zanbato (private capital placements platform), the acquisition of Fastmarkets Ltd and disposal of Petroleum Economist and related businesses.
John Laing Infrastructure Fund Limited in relation to the GBP 242m placing, open offer, offer for subscription and subsequent GBP 90m and GBP 95m placings to institutional investors, the acquisition of debt and equity interests in a portfolio of 5 rail and social accommodation assets, including City-Greenwich-Lewisham Docklands Light Railway (GBP 65m), the GBP 50m disposal of Barnsley Schools BSF and Newham Hospital PFI and acquisition of equity interests in Peterborough Hospital from Brookfield (GBP 26.7m) and a portfolio of 11 assets in schooling; housing; hospitals; street lighting from Mill Group (GBP 123m).
Clarion Capital Partners, LLC in relation to its USD 320m sale of Moravia US Holding Company, Inc. and Moravia Lux Holding Company, S.A.R.L. to RWS US Holding Co and RWS (Overseas) Limited.
Urban & Civic plc in relation to the reverse takeover of Terrace Hill Group plc and GBP 160m placing by the enlarged group.
Blackstone Real Estate Partners Europe III in relation to the sale of Lacon London, 84 Theobald’s Road WC1 to a private investor for GBP 285m.
Quintain Estates and Development plc on the GBP 115m secured bond issue, listed on the Irish Stock Exchange.
Frasia Holding S.A. on the establishment of a UK REIT, listing on the CISX and acquisition of 25 Ropemaker Place for GBP 472m from The British Land Company PLC.
Dealogic (Holdings) plc on the GBP 46m buyback tender offer to shareholders.
Cambridge Flat Projection Displays Limited and its shareholders on the sale to Microsoft Corporation.

Memberships & Roles

Trustee, Friends of UWA in the UK & Europe

Education

1997 - LLB, University of Western Australia, Perth
1997 - BSc, University of Western Australia, Perth

Practice Areas

Corporate Governance Public Company Takeovers & Mergers Equity Capital Markets

sectors

Infrastructure & Projects TMT - Technology, Media & Telecommunications Energy & Climate Change

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Kristy Duane

Co-Head of the CMS Infrastructure & Projects Group

Languages

Social media

Relevant experience

Memberships & Roles

Education

Relevant experience

Memberships & Roles

Education

Practice Areas

sectors

Insights by Kristy