Jonathan Toffolo

 Focus & Experience

Jonathan specializes in infrastructure acquisition financings and refinancings, acting for both infrastructure sponsors and finance providers. He has extensive experience in bank lending, European institutional funding, US private placements and structured financing platforms across a broad spectrum of infrastructure assets.

Jonathan has advised:

• VTTI, a global leader in independent energy that now develops the critical energy infrastructure needed to move towards a carbon neutral future, on its US$1.7 billion refinancing*
• GETEC, a leading partner for smart, efficient and sustainable energy infrastructure solutions to the industrial and real estate sectors in Europe, on its €3.1 billion refinancing under common terms investment-grade platform with longer and diversified tenors, offering GETEC a flexible structure to support its expansion in both existing and new markets*
• Existing and incoming funders in connection with the €2.6 billion refinancing of Ventient Energy, Europe's largest operator of onshore wind farms, including establishment of a new multi-creditor common terms platform*
• Funders in relation to a refinancing by Adven Group Oy including a mix of bank and private placement debt*
• Lenders in connection with €2.5 billion refinancing of Sonnedix, a leading international renewable energy producer with 11.1 GW of installed capacity and 6 GW of development pipeline across 501 projects spanning 10 countries in the Americas, Europe and Asia*
• Funders to a joint venture of DWS and MEAG on their acquisition of Weltec, a German biogas business*
• Funders in relation to the refinancing of AGS airports*
• Farnborough Airport on its refinancing (having also previously acted on the acquisition of Farnborough Airport by MEIF 6)*
• Bristol Airport on the refinancing of its bank facilities (having also previously acted for Bristol Airport on its most recent private placement note issuance)*
• Funders to GIP in relation to a junior financing for a bid by New Suez for the acquisition from Veolia Environment of Suez's waste and water business assets in the UK*
• Funders to DigitalBridge and Brookfield Asset Management on the financing for €18 billion acquisition of a majority stake in GD Towers that owns 33,600 telecoms towers and rooftops in Germany, and a further 7,000 sites in Austria*
• Beacon Rail Leasing on the €1.45 billion equivalent refinancing of Beacon Rail Leasing's senior debt facilities into a new multi-creditor common terms platform for their European business and continuous representation on the ongoing taps*

*Matter completed prior to joining Milbank.