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Date Time Allens advises on green refinancing for Sydney Light Rail Allens has advised the senior financiers and Green Loan coordinators on the refinancing of the Sydney Light Rail PPP project, which comprises the new 12-kilometre CBD and South East Light Rail line and 13-kilometre Inner West Light Rail line. The project was refinanced with a 12-year green loan, valued at almost $700 million, which de-risks the project by extending the financing term to better align with the PPP concession term. As part of the refinancing, the project was certified as meeting the Climate Bonds Standard low carbon transportation criteria on the basis that it will help reduce greenhouse gas emissions from alternative modes of transport.

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