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Stuart Rowson

Partner, London


Stuart is a partner in the Global Energy & Infrastructure Group with over 25 years of experience and has worked on a wide range of project financings and financings to facilitate the acquisition of energy and infrastructure assets. He also has considerable experience in PFI/PPP projects.

Work highlights:

Stuart’s experience includes advising:

  • on stake sales in Bristol and Birmingham International Airports
  • on the €1.1bn unsecured backstop facility provided to Urbaser, a Spanish water business
  • 3i Group, APG and ATP on the acquisition of a portfolio of assets from EISER
  • the financiers on the recent acquisition of HS1
  • the sponsors on the £1.6bn Thameslink Rolling Stock project and subsequently on the refinancing
  • on the £339m refinancing of ESP Utilities Group
  • Nokia Solutions and Networks and Huawei Technologies de Mexico on their US$1.737bn development financing of Mexico's next generation (red compartida) mobile broadband network for Altan Redes
  • Sunsuper NSW Treasury Corporation on their joint acquisition of a strategic stake in both Bristol and Birmingham International Airports from Ontario Teachers Pension Plan Board
  • Universities Superannuation Scheme on its acquisition of an interest in Kemble Water Holdings
  • lenders in relation to Brookfield's acquisition of the Greenergy group
  • lenders on the financing for the acquisition of Koole Terminals from EQT Infrastructure by Ontario Teachers Pension Plan and other institutional investors

Stuart is a partner in the Global Energy & Infrastructure Group specialising in projects, project finance, construction and banking law. Since joining Linklaters in 1990, Stuart has worked on a wide range of project financings and has, in particular, significant experience in PFI/PPP projects. Stuart regularly advises on complicated, yet successfully completed, transactions which have included:

  • leading the team on the HSBC rail acquisition bond and bank financing deal, advising the staple funders and the ASBO (Accelerated Structured Bond Offering) providers on the raising of £2.1 billion, by means of a bank and bond debt, with respect to the disposal by HSBC of its UK rolling stock business (awarded M&A Deal of the Year 2010 by Project Finance International and Rail Finance Law Award 2010 by Jane’s Transport Finance); and
  • leading the team advising the funders on the M25 road widening project;

His other recent deals include advising:

  • the Department for Transport on the London Underground PPP arrangements (relating to Metronet);
  • the Department for Transport and Transport for London on the development of the Crossrail project;
  • Citylink consortium in respect of the proposal to provide mobile telephone services on the London Underground;
  • the sponsors of the 500MW Greater Gabbard offshore windfarm on the disposal of their offshore transmission assets;
  • the lenders to the Croydon Tramlink project;
  • on the Dublin Metro project;
  • a finalist bidder for each of the City Airport and Woolwich extensions to the Docklands Light Railway; and
  • the lenders to the Nottingham Light Rail project..
Professional experience

2001 - Partner, Project Finance Department Linklaters, London
1992 - 2001 Associate Project Finance Department, Linklaters, London
1990 - 1992 Trainee Solicitor Linklaters, London


1989 - 1990 Law Society Finals
1985 - 1988 Lincoln College, Oxford Jurisprudence, 2:1