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Craig Whitley, Partner | Banking & Finance

Craig Whitley

Partner Fasken
Language(s) English, Afrikaans
Office(s) Johannesburg
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Overview

Craig Whitley is a partner in Fasken’s Banking & Finance Practice based in Johannesburg. Craig acts for both local and international banks, as well as borrowers and sponsors, with regard to their funding structures, in particular leverage finance, project finance, acquisition finance, real estate and development finance, commodities finance, preference share funding and security structuring.

With more than 20 years of experience he has been involved in a wide range of projects in various sectors including infrastructure and power which includes extensive experience acting for both sponsors and lenders under the Department of Energy’s renewable energy IPP programme, as well as in the real estate, mining and metals sectors.

Craig regularly drafts and negotiates on behalf of lenders and borrowers (both under LMA and otherwise) across a wide range of cross-border financing transactions.

Craig is recognised in Chambers Global for his Banking & Finance experience. Sources say “he is really somebody I would always go to. He has a broad range of experience across banking and finance and is really helpful" and “Craig provides a high quality service and is well aware of the local law requirements and specialist input required for an international project financing”.

Achievements

Client Work

  • Fasken advises Lenders on the financial close of two registered 100 MW energy projects, [Deal - Lenders], Fasken advised the Lenders on the financial close of two registered 100 MW SOLA Group energy projects.
  • Rand Merchant Bank finances the development of the Table Bay Mall, [Deal - Rand Merchant Bank]
  • Nedbank Limited, Absa Bank Limited, Rand Merchant Bank and Standard Bank of South Africa Limited provides funding to Fidelity Security Services Proprietary Limited in respect of its acquisition of ADT, [Deal - Nedbank Limited, Absa Bank Limited, Rand Merchant Bank and Standard Bank of South Africa Limited]
  • Advised Amakhala Emoyeni RE Project 1 (Pty) Ltd. and Cennergi (Pty) Ltd., Tata Power and Exxaro Resources Ltd. in respect of the project financing of the Amakhala Wind Farm in the Eastern Cape, [Deal - Amakhala Emoyeni, Cennergi (Pty) Ltd, Tata Power, Exxaro Resources Ltd]
  • Advised Nedbank Capital, a division of Nedbank Limited and Absa Capital, a division of Absa Bank Limited and Sumitomo Mitsui Banking Corporation Europe Limited, on the provision of an ECA-backed project financing facility to Dorper Wind Farm (RF) Proprietary Limited, [Deal - Nedbank Capital, Absa Capital and Sumitomo Mitsui Banking Corporation Europe Limited]
  • Rand Merchant Bank provides development funding to Lexshell 44 (Pty) Ltd. for the establishment of the new head office accommodation for Alan Gray, [Deal - Rand Merchant Bank]

Career & Education

Education

  • LLB University of the Witwatersrand
  • BSc University of the Witwatersrand

Memberships & Affiliations

  • Admitted as a Conveyancer
  • Member Legal Practice Council of South Africa 2002

News

Speaking Engagements

  • Intercompany financing facing new challenges, 1/1/2014
Panelist Intercompany financing facing new challenges EY Conference

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