People
David Christensen
Biography
David focuses on the development and financing of energy and resources and infrastructure transactions, including renewable and other energy transition assets, conventional power and utilities, mining, oil & gas (including LNG), and traditional and core+ infrastructure.
Based in Sydney, David has also spent considerable time practising in the firm’s New York and London offices and has advised on projects in numerous jurisdictions, including Australia, Asia, Europe, Africa and the Middle East, North and South America and the Caribbean. David has particular expertise in complex cross-border and multi-source financing transactions, including bank/bond/private placement and ECA-backed financings. David has also advised on a range of structured finance transactions, including back-leverage, fund financing and property financing.
Practice areas
- Finance
- Capital markets
- Project development and finance
Sectors
- Energy
- Infrastructure and transport
- Mining and metals
- Real estate
- Oil and gas
- Power
- Communications media and entertainment
Selected experience
- Port of Melbourne on the USPP and EMTN/AMTN refinancing of it's a$4.6bn acquisition facilities.
- The lenders on the ECA-backed financing of the Victoria International Container Terminal, reportedly the first ECA-backed non-resources infrastructure financing in Australia. Awarded IJGlobal Awards 2016: Asia Pacific Multisourced and The Asset Triple A Asia Infrastructure Awards 2017.
- The Export Credit Agencies and commercial banks on the USD7.2bn financing of the Roy Hill integrated mine, rail and port project. At the time, this was reportedly the largest ever mining project financing.
- MIRA and PSP on the financing of their acquisition of the State of South Australia’s land titles registry.
- The State of Papua New Guinea and state-affiliated project companies in relation to the development and US$14 billion financing of the PNG LNG project. At the time, the largest ever project financing.
- The lenders on a common terms debt platform for Orora Group, including its syndicated A$750m facility, its syndicated US$200m facility and bilateral facilities.
- Two global gas and Oil Companies in relation to the US$20 billion financing of the Ichthys LNG project in Western Australia.
- The lenders on a syndicated A$1.7bn term loan facility for Vodafone Hutchison.
- The lenders in relation to the financing of Reece Group’s acquisition of Morsco.
- Barings in relation to its mezzanine financing of Wolseley’s acquisition of the CoxGomyl group, and its senior financing of CoxGomyl’s acquisition of the Manntech group.
Education
- LLB, Murdoch University, Perth Bcom, Accounting & Finance, Murdoch University, Perth
Admissions
- Registered Foreign Lawyer, England and Wales, 2023 Admitted in New South Wales, Australia / Not admitted in New York Supervised by the Principals of the Firm