Nick Brittain

Recent examples of experience include:

• Acted on the first UK securitization of feed in tariff income from solar parks. RPI-Linked Secured Notes were listed on the London Stock Exchange. The Notes were secured over a loan that was, in turn, secured over tariffs paid to the owner of two photo-voltaic solar arrays under the UK renewable energy regime.
• Acted on the securitization of feed in tariff income from a group of UK solar panel array generation facilities, involving the issue of a 25-year RPI linked bond, listed on the London Stock Exchange, which is secured over the solar parks and feed in tariff income as part of a program that is capable of financing a broad range of renewables facilities. This was the first UK solar park securitization to be implemented within this program.
• Acted on a complex cross currency, dual jurisdiction, three-tier structure for the financing of the acquisition of a development loan under which secured delayed draw notes were issued to U.S. investors.
• Acted for the mezzanine lender on the financing of an acquisition of a student accommodation portfolio and the subsequent restructuring and refinancing of acquisition debt.
• Acted for the mezzanine lender on the financing of the acquisition of a European headquarters for a mobile phone airtime supplier through development financing.
• Acted for the arranger on the acquisition of a portfolio of life settlements, financed using listed debt as well as the subsequent restructuring of that debt.
• Advising a number of CMBS servicers on strategic and enforcement issues in multiple European jurisdictions.
• Advising a number of investors on participation on structured supply chain financings.
• Structuring and implementing a number of U.S./European multiple purchaser commercial paper programs.

• Represented OnePower, a Sidley Emerging Enterprises client and an innovative social enterprise with deep roots in Lesotho, on Electrification Financing Initiative and Renewable Energy Performance Platform’s LSL 150 million senior debt and equity investment.
• Member of Sidley London Corporate Social Responsibility Steering Group.