Miles Tonkin is an energy finance lawyer who acts for commercial banks, multilaterals, development finance institutions, sponsors and corporates on energy, natural resource and infrastructure financings in a wide variety of jurisdictions, particularly in emerging markets. Miles has significant experience advising clients on reserve based lending, project finance, syndicated lending and structured commodity trade finance transactions.
Prior to joining Bracewell, Miles spent six months on secondment in Singapore working on energy and project finance transactions.
Recent Notable Matters
Crédit Agricole Corporate and Investment Bank — as agent to the lenders in the $2.44 billion letter of credit facility and approximately $544 million in funded debt for McDermott International, Ltd in the successfully completed emergence from bankruptcy
BNP Paribas and other lenders — refinancing of Ithaca Energy’s $400 million reserve based facility*
African Development Bank and Deutsche Investitions-und Entwicklungsgesellschaft mbH — proposed financing of the Kopere Solar Project in Kenya*
Petrobras Oil & Gas BV — refinancing and upsizing up to $2 billion of its reserve based facility*
EIB, EBRD, Unicredit, CA-CIB, CSOS, SMBC and ICO Bank — financing, construction and operation of the Slovak D4 Highway and R7 Expressway PPP*
IFC — proposed financing of Habesha Breweries’ brewery expansion project in Ethiopia*
MUFG, Vitol and other lenders — $1 billion upsizing of its $1 billion prepayment financing to KMG Kashagan, based on flows from the Kashagan mega-field. Energy Finance Deal of the Year at TXF Perfect 10 Awards 2018*
MUFG, Vitol and other lenders — $1 billion upsizing of its $3 billion prepayment financing to KazMunayGas, the Kazakh state oil and gas company, based on flows from the Tengiz field*
African Export-Import Bank — reserve based facility to a Nigerian oil and gas company*
Singaporean bank — refinancing of a $100 million secured revolving credit facility for KrisEnergy, an independent upstream E&P company with a focus on Southeast Asia*
Skandinavska Enskilada Banken AB (publ) and other lenders — financing of Värmevärden AB’s bid to acquire Värme Lokala Energilösningar AB*
Skandinavska Enskilada Banken AB (publ) and other lenders — financing of Värmevärden AB’s bid to acquire a district heating asset in Sweden*
* Work completed prior to Bracewell