Philippa Chadwick is based in London and leads our Infrastructure practice, specialising in the financing and delivery of complex infrastructure projects. Philippa has expertise in project finance, public-private partnerships, infrastructure finance and development financing in the UK, Europe, Africa, CIS and the Middle East, acting for funders, sponsors, investors and public sector bodies involved in the delivery of infrastructure projects, Public-Private Partnerships, PPP/PFI/PF2 and P3 projects across sectors including transport, waste, water, power, education, telecoms, accommodation, health, leisure, renewables and housing.

Philippa’s international experience includes acting on project finance and multilateral finance transactions, export credit and trade finance usually involving multiple stakeholders and sources of finance. Philippa works regularly with commercial banks, construction companies, government authorities and the multilateral and development banks including European Bank for Reconstruction and Development (EBRD) across Eastern Europe, Russia, Turkey and Central Asia.  In the Middle East Philippa is part of global team acting on a programme of Public Private Partnership/PPP projects across a number of social infrastructure sectors.

Philippa has acted for funders, sponsors and the public sector on infrastructure projects for more than 20 years. She advises on both the financing arrangements and project contracts involved in complex PPP and P3 projects.  As infrastructure as an asset class has developed, Philippa continues to act on a number of secondary market transactions for infrastructure funds, investors, vendors, purchasers and funders on the sale and purchase of infrastructure assets across a variety of asset classes.

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  • Acting for EBRD in connection with two framework financing arrangements to six Turkish lenders for on-lending to SME companies involved in energy efficiency projects and to companies involved in promoting female entrepreneurs. Some of the individual loans included co-financing with other IFI organisations such as DEG, part of the German Investment and Development Company; FMO, the Dutch development bank; and the Development Bank in Austria, OeEB.   
  • Acting for EBRD in connection with a loan to Bulgaria-, Romania- and Poland-based developers of hypermarkets for the financing of a new infrastructure in each country. 
  • Acting for EBRD in connection with a loan to Khan Bank in Mongolia for on-lending to SMEs involved in energy efficiency projects.
  • Acting for EBRD in connection with a refinancing loan to a Russia-based bearing manufacturing company to refinance their exposures to commercial lenders. 
  • Acting for the lead arrangers to waste management and waste PFI projects including, most recently, the Wrexham Waste PFI project and subsequent amendment to the project to extend the treatment facilities.     
  • Acting for funders and sponsors to education, accommodation and health projects in the UK including grouped schools, BSF, LIFT, acute health and social care projects. 
  • Acting for funders and monoline insurers to waste water treatment projects in Scotland in response to the EU waste water treatment directive requirements.   
  • Acting for European Investment Bank on transport projects in the UK and in Europe including the Athens Ring Road project in Greece.  
  • Acting for ING, in connection with an ECA-backed financing in Mexico.
  • Acting for UBS and Standard Chartered Bank in connection with the original Ghana Cocoa Board (Cocobod) structured trade finance facility.


  • College of Law, L.P.C., 1991
  • University of Birmingham, LL.B., 1990


  • England and Wales, 1993
  • Recommended in The Legal 500 UK 2017 for Infrastructure (including PFI and PPP); Power (including electricity, nuclear and renewables)
  • Recommended in The Legal 500 UK 2015 for Infrastructure (including PFI and PPP)

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