Nigel Hawke – Experience  

CV available on request

This page lists Nigel's experience in reverse chronological order.  If you prefer you can look at his experience by Sector: Cash Generation or Project Finance globally, or in specialist markets:  Power and Transport. 

Talanworth Limited

2006 - Supported client in relation to successful substantial asset sale, details confidential.

2006 Financial assessments completed on 30 tenders under Consortium Agreement.  Talanworth leads the Consortium and client interface with this quasi UK government institution.

2005 Note some current appointments cannot be published on the web for reasons of confidentiality.

2005 Due diligence for acquisition and subsequent enhancement of operations of a number of UK waste treatment plants including development of Information Memorandum, oversight of financial model and presentations to financial investors.

2005 Early stage due diligence for acquisition of European power station.

2004-05 Led consortium making successful bid to be appointed to financial assessor panel. Identity of client is confidential.

2003/04 Gama Construction Ireland. Talanworth worked as an integral member of the project team to first achieve preferred bidder status and then to finance the construction of a new 400MW combined cycle gas turbine power generation plant in County Galway, Ireland costing in excess of €250m, financial close August 2004.

2004 Tynagh Energy mandate extended to provide financial modelling services to Gama Construction Ireland’s project company on a sub-contracted basis.

2003 International Bank (identity confidential) cash generation review at newly acquired utility investment, which has turnover in excess of £90 million in the UK. The mandate focused on billing, payment and collection procedures.

2003 Company formation, including appointing professional advisers, establishing accounting system, banking, design & production of web site, IT, professional indemnity and other insurance, and VAT registration.

ALSTOM Power, Paris

2002/03 European securitization of receivables €400m in Germany, Switzerland, France, Sweden and UK.  Extended countries covered, set up training, IT, documentation and accounting changes necessary.

2003 Supported 6 Sigma Black Belt project in power business segment to improve cash generation.  6 sigma metrics established much faster and with improved buy-in from colleagues.

2003 Cash reporting to Group CFO of cash generation position for Sector (sales Euro 11 billion).

2003 Financial model developed to enable commercial executives to assess each transaction's balance between profit / cash and pricing / risk matrices.

2003 Assistance and support to cash generation team working developing procurement initiatives.

2003 Support for production of 2002/03 Management Discussion & Analysis for Group.

2002/03 Managed €1.2 billion cash generation programme for business with turnover of €12 billion. Cash targets were increased by 45%, a €200m improvement to ALSTOM’s net cash for 2002/03.  

2003 Arranged and led cash generation training for 25 units (80% turnover) highly profitable global services business (sales €3.6bn), co-designed training material, coached presenters. Units identified €100m cash release.

2002/03 Director of operating power station, Birecik Dam Hydro-electric 6 x 112MW, Turkey, representing ALSTOM and a co-investor. Managed international banking relationships for €800m debt facilities. Equity obligations restructured.  

2003 Due diligence analysis of terms of acquisition obtaining third party claim reduction in relation to UK power project contract for €12m. 

2002 Internal training of financial staff in cash generation techniques.  

ALSTOM Corporate, Paris

2002 Co-ordinated production of and developed specific analysis for parts of ALSTOM Group 2001/02 Management Discussion & Analysis.

2002 Developed excel reporting tool for Sector (global sales Euro 14.5 billion) off-balance sheet exposure.

ALSTOM Risk Management, UK, France and global project locations  

1996/01 equity portfolio exceeding Euro 200m. Direct work on 28 power and 16 transport projects. Local assignments in Australia, China, Croatia, France, Germany, Hong Kong, Japan, Netherlands, Singapore, Taiwan, Thailand and USA.

1996/01 Internal adviser to Senior Management, including CEO's office, on risk analysis and financing of limited recourse infrastructure projects.  Attendance at Risk Management Committees in Paris attended by Sector Heads.  Analysis of numerous requests for Company to invest in or support such projects and recommendations for investments by the Company.  

1996/01 Internal service agreements developed and put in place with Group Sectors.

1996/01 Pricing models for service provision by lawyers and financial executives.

1996/01 Responsible for financial reports and accounts and budgets for projects investment team (peaking at 60 staff).

1996/01 Recruitment and development of Finance and Legal staff in investment projects.  Oversight of internal Sector staff with matrix management of reporting lines. 

1996/01 Presentations organised and given for training on project investment. 

2000/01 Led finance and legal negotiations for successful submission to Thai construction company to obtain preliminary approval to finance 25 year 40 km Bangkok metro concession from Mass Rapid Transit Authority of Thailand. Negotiated US$300m financing with French and Japanese Export Credit Agencies and Lead Arranger Banks, based in Paris and Singapore .

2001 Finance oversight for proposed 14km light railway in Jerusalem .  

2000 Mentored and coached Deputy FD. Achieved financial close on 18km Spanish tram project. and closed Phase 2.

1999/00 Support for local finance team working on 3km people mover in Italy.

1999/00 Finance support, including oversight of banking documentation, financial model, tax and technical adviser reports for Tuberail Consortium bidding for London Underground PPP, requiring funding in excess of £2.5 billion for Jubilee Northern & Piccadilly Lines and Bakerloo, Central & Victoria Lines.  

1999 Finance support for acquisition of privatised passenger railway operations on one part of the system in Victoria, Melbourne, Australia.

1999 Support for appointing financial adviser to 12km metro project in Brazil.

1998/99 Due diligence on contract and possible extension of CCGT power plant in Taiwan. 

1998 Finance aspects of bid for 215MW and separate 138MW hydo power plant projects, Philippines, including development of finance plan and equity and debt strategy in conjunction with Canadian utility partner.  

1998 advice to Risk Committee in relation to 350MW coal-fired power plant, Latin America.  

1998 Supported financial aspects of commercial development for North Madras III, coal fired, India.

1998 Financial analysis and discussions with prospective lead arrangers for 100MW power plant to supply steel mill project, India.  

1998 Supported development of finance plan for Wood Pulp Power Plant, Germany.  

1998 due diligence on debt finance and equity for proposed acquisition of 120MW CCGT power plant in Thailand .  

1998 Finance aspects of proposal for transmission line interconnector New Mexico.  

1998 Management of financial advisers and lead arrangers, finance submissions, financial model, risk allocation and client negotiations for 1120km high speed line in the Netherlands.

1998 Finance aspects of proposed new high speed line linking Canberra and Sydney, Australia, including term sheet negotiations, management of bank and equity underwriters and development of project documents.

1998 Finance aspects of proposed Isle of Man interconnector with UK.

1998 Finance review of proposed rail link in Manila.

1998 Finance support for concession to build, transfer and operate a 61.5km complete railway from the Seoul Metropolitan Area to a new airport under construction on an island near Inchon, Korea.

1998 Finance aspects of bid submission for Victoria, Australia to Tasmania underwater HVDC link.

1998 Finance structuring support for second 250MW Circulating Fluidised Bed petcoke-fired, power plant, Mexico.

1998 Oversaw in Hong Kong development of term sheet, document mark-up, finance plan and financial model in the successful bid for the 700MW CCGT power plant in Vietnam.

1998 Financial due diligence re proposed acquisition of 120MW CCGT in Thailand.

1997/98 Finance aspects of 45 km airport link in Taipei, Taiwan.

1997/98 Finance aspects of 400km high speed rail link in Florida, USA.

1997/98 Oversaw finance work on 2 x 125MW Circulating Fluidised Bed power plant, Mexico.

1997 Finance aspects, including finance plan, project document mark-up and modelling supervision of bid for 700MW coal-fired power plant in Hunan Province, China, including negotiations with authorities in Beijing.

1997/98 finance structure and documentation mark-up for proposed 1,000MW coal-fired power plant, Croatia, including sole preferred bidder negotiations in Zagreb and training of power authority staff in project finance techniques in conjunction with lead financial adviser in London. Chaired public conference held in Zagreb in dual language on power project.

1996/01 Financial management of 28% investment in 42 km light rail airport link in Stockholm, Sweden cost €700m, since sold in 2003 to a bank infrastructure fund.

1996/97 Finance aspects for bid for 350km high speed railway in Taiwan (USD 18.5 billion).

1996 Finance aspects for bid for tram line Croydon, South London.

1996 – 1999 Oversaw finance aspects for development of 1,000MW coal-fired power project Nagpur, India, including relationships with financial adviser and lead arranging banks, including Export Credit Agencies.  Advised on finance / risk consequences of power project supplied by coal project.

1996 Oversaw financial aspects of bid for water purification and 388MW oil fired power plant, Oman.

1996/03 Birecik Dam 672MW hydo-power plant, Turkey . Adviser to Board on debt mix and finance during construction .  Director of Birecik project company in Turkey 2003.

1996 Finance aspects of CCGT power plant in Argentina, including oversight of financial model, and development of financing strategy.

1996 Oversaw appointment of financial advisers and lead arrangers, financial modelling and financial aspects of bid for 300MW CCGT Tunisia.

1996 Oversaw financial aspects of commercial bid for 15MW co-generation, Brazil.

1996 Advised commercial manager on financial aspects for three gas fired power plants for major commercial company, Brazil.

1996 Financial analysis and bid preparation for proposed new 1,000MW gas fired power plant in UK being developed by corporate entity.

1996 Oversaw financial aspects of bid submission for 1,050MW gas fired power plant, Saudi Arabia.

1996 Oversaw finance aspects of bid, including finance structure and oversight of financial modelling for 650MW power plant, Egypt.

1996/97 Supported finance aspects of proposed 2,640MW, coal-fired power plant in China.

1996-1998 Arranged in Paris, London, Hong Kong, Beijing and Nanning finance for first Wholly Foreign Owned Enterprise (WFOE) Chinese 760 MW coal fired power station. Work included selection and management of financial advisers, management of production of financial model, model audit, tax, accounting and insurance advisers, client negotiations in Beijing and Nanning, lead arranger bank management, O&M arrangements, documentation, lenders' technical adviser support, syndication presentation in Hong Kong, loan drawings, model updates and monitoring / reports.

BZW Limited

1994/95 As Director, Project Finance started up Barclays’ PFI (Private Finance Initiative) lending capability and won mandates for ten (10) PFI projects, eight (8) water projects and six (6) railway mandates. Projects covered in Argentina, Cyprus, Czech Republic, Germany, Greece, India, Oman, Pakistan, New Zealand, Thailand and UK.

1995 Financial proposal for main line upgrade and re-signalling project UK railways.

1994 Advised leading UK water utility in connection with international projects and invited to participate in the development of international strategy.

1993/95 As BZW Director, led the arranging bank groups supporting consortiums bidding for contracts for the Docklands Light Railway extension, DCMF Private Prisons and DBFO Roads.

1994 Water transfer project, India.

1994 Cyprus desalination project and Government discussions.

1994 Oman waste water and toll road.

1994 Czech Republic regional water concession.

1993/94 Train operating company south west London, UK railways.

1993/94 Train operating company, east of London, UK railways.

1993/94 Waster water project, New Zealand.

1993 Argentina: major national water concession.

1993 Water and power generation for new industrial park, Thailand.

1993 Barclays led Banking Group for £6.5 billion bid support as part of lead bank role for Channel Tunnel Rail Link bid.

1993/94 Negotiated the sale of loan notes to American bank, for Caribbean hotel, US virgin Islands to provide cost effective exit for Barclays from potentially troublesome lending (USD 48m), involving negotiations with hotel owners (based in Barbados) development of a cash flow model for the hotel and winning the support of the hotel’s management.

1993/94 Restructuring of specialist textile company - fast response dyer: Scotland. This included capital restructuring.  September 1993 (debt to equity conversion). Additional financial restructuring in 1994 assistance to Chairman and MD re identification of strategic trading partner and design of marketing information.

1994 Speaker for Water Project Development at Project Finance Conference, Athens.

1992 1,500 MW Hub River Power Project in Pakistan, declined Barclays’ participation as one of the Lead Arrangers following completion of extensive due diligence. 

1992 Quantity Surveyor client: successful project management bid on South East re-signalling Strategy, UK railways.

1991-1995: Director member of BZW's graduate intake interviewing panel conducting over 1,000 interviews, at leading UK Universities.

1990 Financing designed for private Investment Trust to acquire Enterprise Zone office property from lenders.

1986/91 Mandates for property finance GBP 1.3 billion over 15 projects in commercial sectors.

1988-1991 Executive Member of BZW Credit Committee, counter-party risk for commercial paper / swaps, leveraged buy-outs, Senior and Mezzanine Finance, share stakes, restructurings, hotels, real estate, limited recourse debt, off balance sheet structures, profiled cash flow interest rate swaps, portfolio acquisition, forex and interest rate exposure positions, provisions for bad and doubtful debts, debt recovery, facilities in all industrial and commercial sectors.

1987 Design, negotiation, arranging and syndicate leadership of a £115 million limited recourse commercial property development financing, using senior and mezzanine debt.

1987 Assisted setting up of Barclays Corporate Division's own limited recourse property finance team.

1986: Set up the first BZW graduate recruitment brochure and assisted formation of the graduate training programme within BZW and participating in the training.

1984/85 Bank’s first limited recourse property project financing (£22 million) in Basingstoke (AA’s Headquarters).

1984 Credit card securitisation financial modelling support.

1984 Created spreadsheet to assist interest rate swap exposure monitoring on first mark-to-market model.

1983/84 Barclays Merchant Bank: market-leader in acceptance credits and medium term loans. Presentations to Credit Committees.  Client marketing, documentation, loan and security management.

Barclays Bank

1976/82 UK domestic and corporate lending, Local Head Office lending supervision, and real estate portfolio management:

1982 Acting District Manager's Assistant at Local Head Office, with lending discretion of £30,000.  Responsible for vetting and sanctioning junior managers' credit applications.  Advising managers within discretion of lending approaches, taking security, controlling bad debts.  Responsible for bad debt recovery, including two evictions.  Appointing receivers and monitoring progress.  Reviewing large facilities beyond managers' discretion for sanctioning by Local Directors.  Monitoring of facilities under report to Local Head Office.

1981/82 Acting Assistant Branch Manager, Personal and small business facilities and debt recovery.  Support to Branch Director.  Marketing to branch's larger corporate customers.

1981 Local Head Office, reviewing large facilities beyond managers' discretion for sanctioning by Local Directors.  Monitoring of facilities under report to Local Head Office.

1980/81 Member of audit / inspection team checking branch procedures and records on site including fraud management.

1980 Branch Loans Officer.  Personal lending, overdrafts and loans, bad debt recovery.  Interviewing school leavers for junior clerical staff positions.  Support to management team.

1979/80 Principal of Securities / Loans Officer. Recovered problematic Securities Section (legal charges and other lending collateral, share transactions, and lending monitoring).  Responsible for 6 staff including securities training.

1978/79 General Manager's office responsible for Bank's own property portfolio.  Analysed annual budget for premises alterations/new building of £60m, against actual spending pattern and achieved saving in budget commitment.  Support to Divisional General Manager.  Review of property regional offices, efficiency, management and controls.

1977/78 Stocks and shares, securities, small personal loans at Branch.

1976 Accepted onto Barclays Management Development Programme.  Familiarisation and training programme, followed by attachment to branch as clerical, cashier and junior securities.

1973/74 Gap year and vacations. Temporary attachments with Barclays as branch cashier, including general clerical duties.

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