Australia: Clayton Utz expands its Project Finance team
Last Updated: 29 March 2011

Sydney, 28 March 2011: Clayton Utz has significantly bolstered its national Project Finance service offering to clients with the appointment of Angus Foley as a Director, Project Finance, in Sydney.

Angus will join the firm from Credit Agricole CIB Australia, where he has spent the past three years as Director, Natural Resources, Infrastructure and Power.

Angus brings significant legal and industry experience to Clayton Utz's national Banking team. He holds a Master of Laws and spent eight years practising as a lawyer before beginning a career in investment banking, at Credit Suisse First Boston. In 2002 he joined CBA, where he held various roles including Head of Social & Corporate Infrastructure and Head of Infrastructure Clients.

At Credit Agricole, Angus led deal teams on the arranging or refinancing of facilities for a number of significant projects including the Port of Brisbane privatisation, the M2 upgrade project, the South West Queensland Pipeline expansion (for Epic Energy), and the Waterloo Wind Farm project.

The national head of Clayton Utz's Banking & Finance practice, Steve O'Reilly, said Angus' appointment – which follows that of international project finance lawyer Bruce Cooper from Asia last year – would add significant strength to Clayton Utz's project finance capability.

"Angus has a strong commercial background and broad experience in structuring deals in the Australian market. Bringing Angus on board further cements our commitment to being a first-class national Banking practice and means our clients will now have access to two market-leading project finance specialists in Angus and Bruce, who bring together local knowledge and industry experience with international project finance experience," he said.

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