Image of Ian Andrews

Ian Andrews

Partner, London

Overview

Professional experience

Education and qualifications

Overview

Ian is one of the firm’s sector leaders for infrastructure. He has been involved with the practice for 25 years, starting with work on Eurotunnel and since advising sponsors, funders and public bodies on infrastructure financings and acquisitions in almost every country in Europe.

Ian is recognised as a first-tier lawyer by Chambers for Infrastructure generally and for Projects in Central and Eastern Europe.

He was based in the firm’s Berlin office between 2001 and 2003.

Work highlights

Ian has led on many innovative deals in the market. These include, amongst others, advising:

  • Eurostar International Limited on its refinancing package of £250m consisting of additional equity and loans from a syndicate of banks guaranteed by its shareholders.
  • an international high speed rail operator on it raised bridge financing to mitigate the impact of COVID-19 on its group and to protect the group's liquidity and available cashflows.
  • a consortium of Allianz Capital Partners, AXA Investment Managers and OMERS on the financing of their successful bid for the acquisition of a 49.99% stake in Altice's "fibre to the home" business, on the acquisition of covage by SFR FTTH and subsequent capex financing and the €1.8bn financing of SFR FTTH, the operating company, to providing high speed internet to consumers across France
  • the senior lenders on the €1.3bn refinancing of Budapest Airport, including structuring junior debt into the concession-based structure and later the Company itself on its amendment into a multi-tranched common debt platform
  • Borealis Infrastructure, AP1, AP3 and Folksam on their €6.6bn acquisition of Fortum Distribution in Sweden and its subsequent multi- tranched refinancing
  • Public Sector Pensions, Canada, on their acquisition of Hochtief airport, with interests in Athens, Budapest, Düsseldorf, Hamburg, Sydney and Tirana airports
  • Vinci and Hochtief on the restructuring of the €1.8bn Corinth Patras motorway project and the subsequent extension to Olympia; Vinci and Meridiam on their successful bid for the R1 expressway in Slovakia and is subsequent €1.2bn bond refinancing and; a syndicate of nine banks on a €474m financing on the D4 Highway - the first ever motorway PPP awarded in the Czech Republic
  • Borealis Infrastructure and Ontario Teachers' Pension Plan on their £2.1bn purchase of High Speed 1 (HS1), the Channel Tunnel Rail Link, and on its sale in 2017

Professional experience

Ian has been a regular speaker at conferences, such as at the industry’s leading annual conference, the Berlin Infrastructure Summit.

Before joining Linklaters in 1998, Ian was a partner at a major German firm. Ian is also a Director of Athens International Airport.

Some further work highlights include:
  • both shareholders on the proposed sale of a minority interest in Peel Ports, having advised DWS on its original acquisition of a 49.9% stake from Peel
  • the funders on the £13.8bn acquisition by a consortium led by Macquarie and Allianz of National Grid’s gas distribution businesses in the UK
  • Allianz Capital Partners and Borealis Infrastructure on their acquisition of Net4Gas in the Czech Republic from RWE and its bond and bank debt recapitalisation

Education and qualifications

Ian studied jurisprudence at Merton College, Oxford University.

He speaks English, French, German and Greek.