Tom Pound

Primary Focus & Experience

Tom advises on a broad range of corporate transactions in the infrastructure and energy sectors, including domestic and cross-border public and private M&A, disposals, sell-downs, joint ventures, consortium structuring, co-investments, corporate finance and restructurings. He primarily advises infrastructure funds, sovereign wealth funds, pension funds and other financial sponsor clients.

In 2014, Tom spent seven months on secondment with Macquarie Infrastructure and Real Assets (now Macquarie Asset Management), where he worked on a number of transactions including the acquisition by Macquarie European Infrastructure Fund 4 of E.ON's portfolio of regulated and generation assets in Spain (Viesgo).

Tom has advised:

• Funds managed by Macquarie Asset Management on the acquisition, alongside British Columbia Investment Management Corporation (BCI) and Australian Retirement Trust (ART), of a 60% stake in National Gas Transmission (formerly National Grid Gas) from National Grid PLC, as well as two subsequent transactions to acquire the remaining 40% from National Grid PLC*
• Macquarie Asset Management on its purchase of a significant minority stake in Virtus Data Centres group from ST Telemedia (a portfolio company of Temasek). The Virtus Data Centres Group builds and operates data centres in England and is expanding into Europe*
• A consortium led by Macquarie Asset Management, together with British Columbia Investment Management Corporation and MEAG (the asset manager of Munich Re and Ergo) on the consortium's acquisition of Reden Solar, a French-based developer, financer, builder and operator of solar power plants across Europe and Latin America, from InfraVia Capital Partners and Eurazeo*
• Macquarie Green Investment Group Energy Transition Solutions (MGETS) on the establishment of its global battery storage platform, Eku Energy and related sale by MGETS of a minority interest in Eku Energy to British Columbia Investment Management Corporation*
• Funds managed by Macquarie Asset Management on the investment into the series C fundraise by French gigafactory group, Verkor*
• Wren House Infrastructure on their investment in Electrip Global Limited, a leading pan-European electric vehicle charging solutions provider, with over 50 per cent of the public market share in Turkey and a growing platform in Italy and the CEE region*
• Macquarie Infrastructure and Real Assets on the acquisition of a 49% interest in the Hellenic Electricity Distribution Network Operator (HEDNO) from Public Power Corporation, a Greek listed utility*
• Funds managed by Igneo Investors on its disposal of a minority stake in Anglian Water. Anglian Water is a regulated water and sewerage company, which supplies water and water recycling services to more than six million customers in the UK*
• Macquarie European Infrastructure Fund 6 on the acquisition of a 40% interest in Open Fiber from Enel S.p.A.. Open Fiber operates Italy's largest fibre to the home network*
• Macquarie European Infrastructure Fund 6 alongside a consortium comprising funds managed by Blackstone Infrastructure Partners and CDP Equity of an 88.06% interest in ASPI, one of Europe's largest toll road operators from Atlantia*
• Utilities Trust of Australia and the Infrastructure Fund on the sale of their interests in Porterbrook (the UK rolling stock leasing business) to a consortium of Dalmore Capital and Generation Capital*
• Macquarie European Infrastructure Fund 4 on the sale of its majority interest in Società Gasdotti Italia SpA, the largest independent gas transmission operator in Italy to Ontario Teachers' Pension Plan Board*
• Swiss Life on the equity investment arrangements for its acquisition in consortium with APG and NPS of a majority interest in Brisa-Auto-Estradas de Portugal, S.A. from José de Mello Investments and Arcus, which values the equity of Brisa at more than €3 billion*
• Macquarie European Fund 6 on its acquisition of Farnborough Airport*
• Macquarie European Infrastructure Fund and Macquarie European Infrastructure Fund 3 on the sale of their 36% interest in Brussels Airport to a consortium of QIC, APG and Swiss Life*
• Funds managed by First State Investments and Hermes on the acquisition of Scandlines (the Danish/German ferry) from 3i Group and funds advised by 3i for a total consideration of approximately €1.7 billion*
• PKA, PFA, ATP and funds managed or advised by Macquarie Infrastructure and Real Assets on the take private ofTDC A/S, the listed Danish telecoms company for a total consideration of approximately $6.6 billion*
• Macquarie European Infrastructure Fund 3 on the sale of its interest in Kastrup Airports Parent ApS, the ultimate owner of Copenhagen Airport, to Ontario Pension Plan Board/ ATP for a total consideration of approximately €1.31 billion*
• Macquarie European Infrastructure Fund 2 on the sale of its remaining interest in Thames Water to Borealis and Wren House Infrastructure for approximately £1.35 billion*
• Caisse de depot et placement du Quebec on the sale of its interest in South East Water to a consortium of investors managed by Hastings Fund Managers*
• Funds managed by Macquarie Asset Management on the equity arrangements for the acquisition, as part of a consortium of investors, of a 61 percent stake in National Grid's gas distribution business for an implied enterprise value of £13.8 billion*
• Six institutional investors (including Macquarie Bank Limited, MTAA Superannuation Fund, AustralianSuper and Statewide Superannuation Trust) on the disposal of their collective 82.5 percent investment in the Moto group to Universities Superannuation Scheme*
• Macquarie European Infrastructure Fund on the sale of A-Train/ Arlanda Express to a consortium of investors*

*Matter completed prior to joining Milbank.