Capital Projects - Tax

In the private sector we have worked on the implementation of power projects, gas transportation pipeline systems, aircraft refuelling systems  for airports, major water projects, the national stadium for England, and wind farms.  We also advise local authorities, government departments, police authorities, NHS Trusts, universities, schools and colleges, airports and development corporations, on the structuring of all forms of transactions to optimise taxation.

We advise on:

• Private finance initiatives (PFI) and private participation in infrastructure (PPI) projects
• Energy and infrastructure projects 
• Public sector partnering structures
• Off balance sheet funding and borrowing structures
• UK and cross-border financing for infrastructure in overseas jurisdictions

Recent experience:

• Advising AMEC plc, the international engineering and project management company, on the £126 million sale of AMECs UK wind farm business.
• Advising on the tax implications of the extension of the Docklands Light Railway to City Airport including VAT, corporation tax and stamp duty land tax issues.
• Advising on the tax aspects of the £640 million Greater Manchester Waste PFI.
• Advising on debt funding of private finance projects, including advice on corporation tax and VAT implications of structure and termination agreements.
• Advising a major UK construction group on the structuring of new wind farm projects.
• Advising on the most tax efficient method of restructuring occupational property interests at a major airport following the grant of a 30 year business concession as part of a £100 million financing to provide new terminal facilities at the airport.