People

Will_Carmody_May_2019_WEB_153_x_230.jpg

William Carmody

Partner


William is the Head of our Financial Services Department. He represents financial institutions and corporate borrowers on a range of secured and unsecured lending transactions, including project finance, leveraged M&A, financing of commercial real estate investments and development, corporate working capital debt requirements and Irish law issues in multi-jurisdictional finance transactions. Will provides strategic advice in relation to complex debt restructurings and our clients’ analysis of finance and investment decisions.

Will has 19 years experience advising financial institutions on both the execution of their customer transactions and also providing strategic advice in relation to their own business requirements. Relying upon his in-depth knowledge of the loan market and financial services industry in Ireland Will advises clients in relation to their approach to specific risk and strategy considerations in respect of  the execution of their business in Ireland.

Will’s project finance practice has a particular emphasis on the financing of renewable energy projects and he has advised project sponsors, bank funders and investors on the development of wind, solar and biomass electricity generation projects. He has also advised on the financing of infrastructure investment and development in the transport, health, telecommunications, education and accommodation sectors.

His clients include domestic and international banks and debt funds, mezzanine lenders, corporate borrowers, private equity and institutional investors and Government.

Specialties

  • Banking and Finance
  • Projects
  • Energy

Representative Matters

  • Advised a syndicate of banks comprising Allied Irish Banks, Santander, Royal Bank of Canada, BNP Paribas and Commerzbank on the provision of a €250 million revolving credit facility to Greencoat plc, the renewable energy infrastructure publicly listed investment fund.
  • Advised Allied Irish Banks on the financing of iCare Housing’s mortgage to rent scheme, part of Ireland’s social housing and impaired mortgage resolution initiatives.
  • Advised Nordeutsche Landesbank Girozentrale on the project financing of Knockalough and Magheramore wind farms, totalling debt facilities of €137 million and electricity generation capacity of 75MW between them.

Recommendations

Chambers & Partners, 2020

William is noted as "a specialist in project finance work". 

Legal 500, 2020

‘Will Carmody is a very strong lawyer with a strong commercial perspective. He has the ability to stay across the detail and make himself available for clients, despite his seniority.’

Speaking Engagements & Teaching

Will has lectured to the legal trainee students of the Law Society of Ireland.

He regularly delivers lectures, presentations and addresses to Financial Services and Energy industry conferences and seminars.  

  • LinkedIn

Areas of Expertise

Financial Services Energy, Utilities & Projects Brexit Data Centres Infrastructure and Project Finance

Professional Memberships

The Law Society of Ireland

The Institute of Banking

The International Project Finance Association

Education

University College Dublin (BCL)

The Law Society of Ireland