Jessica joined the firm in 2020.
Jessica supports the Directors and Senior Associates across a number of sectors, assisting clients with financing of property development, resources deals, mergers and acquisitions, and infrastructure projects within Australia and overseas.
Prior to Wright Legal, Jessica worked at MinterEllison in the real estate and environment planning team.
Jessica is qualified as a lawyer in Australia.
Project financing is traditionally regarded as the financing of an asset where the lenders are repaid from the revenue generated by the asset and, once the assets are revenue positive, the lenders rely on the asset as their sole collateral for the loan.
Lenders will often require completion guarantees from the parent until construction of the project is complete and is cashflow positive. When the completion guarantee falls away, the lenders’ recourse should be limited to the project itself – that is, they cannot gain access to the other revenues or assets of the parent company.