Michael Stoneham
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+44 (0)131 656 0061
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Michael is one of the most respected and well known banking lawyers in the country, and is our Head of Energy & Infrastructure Finance.

He has over 30 years' experience of a wide range of banking and finance in Scotland and England - including project finance, acquisition finance, development finance, funds finance, real estate finance, financial restructurings and rescues and public and private capital markets transactions.

Michael has a particular focus on:

  • Energy Finance, including renewable energy, energy efficiency, green finance,waste to energy and oil & gas
  • Infrastructure Finance, in sectors such as healthcare, education, social housing, accommodation, transport, waste, water, defence, marine, and leisure
  • Public Sector Finance- government grants, loans and guarantees, and financing models such as Tax Incremental Financing and Growth Accelerators, and the funding of City Region Deals

Key recent transactions are the £370 million bond issue for Aberdeen City Council to finance its infrastructure capital investment programme, and the £300 million acquisition by the Liberty/Simec Group of the Lochaber and Kinlochleven hydro works and related industrial assets and estate lands financed through the support of a Scottish Government guarantee.

Michael is the only recommended project finance expert for Scotland in the International Who's Who Directory of Business Lawyers, is identified as a leading individual for banking and finance by both Chambers and the Legal 500 Directories.

One client remarks: "His knowledge is fantastic and I trust his comments. He always goes over and above to deliver what I require."

Chambers UK 2020

"He balances technical skills, attention to detail, commercial nous, and the management of a team of lawyers to deliver excellent results in a short time frame," enthuses one client.

Chambers UK 2019