08 May 2012 | 03:00 pm | 1 min. read
Myatts Field North, Lambeth, set for major re-development. International law firm Pinsent Masons has closed a deal which will see £80 million ploughed into the regeneration of the Myatts Field North Estate in Lambeth, London.
Under the Myatts Field North Housing PFI project, the London Borough of Lambeth has entered into a 25 year contract with the Regenter Myatts Field North consortium (comprising Pinnacle Regeneration Group Limited and John Laing Investments).
The consortium will be responsible for the development and refurbishment of around 800 residential homes, as well as a community centre and park. A site-wide centralised combined heat and power plant and district heating network will also be developed to serve all of the dwellings on the Myatts Field North Estate, and a number of improvements will be made to sports facilities and transport infrastructure in the area.
Lawyers in the Projects practice at Pinsent Masons advised a club of senior debt providers – comprising Norddeutsche Landesbank Girozentrale, The Co-operative Bank plc and Nationwide Building Society – on funding for the project.
The Pinsent Masons team was led by Kate Orviss and included John Cleland, Stacey Collins, Joanne Toft, Steven Langton, Katherine Moule, Jade Harris, Jennifer Gee, Pippa Whitmore, Rebecca Wilcock, Hollie Kelsie, Karolina Kola and John Bruce.
Kate Orviss, who led the Pinsent Masons team, says:
"It is a great pleasure to have worked so closely with the senior debt providers and the sponsors to get this scheme to close so that the very important work of the regeneration of the Myatts Field North Estate can get under way. I am also extremely proud that this is first major project to reach financial close since the launch of the "new" Pinsent Masons as McGrigors and Pinsent Masons join together in a single, unified firm. Our market-leading experience in housing PFI transactions has been an integral part of this closing this deal, and our enhanced practice will be well-placed to act on similarly complex deals in this and many other sectors in future."
The pay gap regime applies to all UK businesses which employ more than 250 people. Our annual report outlines data relating to our UK workforce analysing pay gap data from a gender, ethnicity, sexual orientation and disability perspective.
Multinational law firm Pinsent Masons is advising Prax Group (Prax), in respect of the proposed acquisition of AIM-listed exploration and production company, Hurricane Energy plc (Hurricane).
Multinational law firm Pinsent Masons has hired partner Eleanor Ludlam to join the firm’s TMT team in London.
Multinational law firm Pinsent Masons has advised the contractorjoint venture (JV) partners Webuild and Siemens Mobility on its bid to designand construct the stations, systems and trains for the Sydney Metro - WesternSydney Airport project, as part of the Stations, Systems, Trains, Operationsand Maintenance (SSTOM) package.
Multinational law firm Pinsent Masons has been engaged by China State Construction International, as part of their consultancy work for the Qianhai Board, a Chinese Governmental body, on the development of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone in the Greater Bay Area.
Multinational law firm Pinsent Masons has ramped up its French energy expertise with hire of Sub-Saharan Africa-focused specialists Matthieu Le Roux and Olivier Bustin as partners in its Paris office.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on
Location contacts
Europe: [email protected]
Asia: [email protected]
Middle East: [email protected]
Australia: [email protected]