Sarrah specialises in private infrastructure investment, particularly in the project structuring, acquisition and financing (including project finance, capital markets and corporate facilities) of Australian and international transactions. She has acted for sponsors, lenders, governments and equity investors.

Infrastructure projects/PPP

• Macquarie and the project companies for the debt and equity structuring and financing (including construction bridge financing and subsequent project financing), implementation and the full PPP project document structuring, tender and delivery of UAE infrastructure/PPP projects including:
  • the Industrial City of Abu Dhabi, Extension Phase 1 (or ICAD II) PPP Project (including the subsequent expansion of that project);
  • Al Ain Industrial City PPP Project (including the subsequent expansion of that project);
  • the Industrial Effluent Treatment Plant PPP Project; and
  • the Industrial City of Abu Dhabi, Extension Phase 2 (or ICAD III) PPP Project (including the subsequent expansion of that project)
• senior financiers supporting Consortium bids for both the SA Schools PPP Project and the Partnerships Victoria in Schools PPP Project
• Macquarie in respect of the establishment of the ZonesCorp Infrastructure Fund in the UAE
• Macquarie on the US$1.5 billion Incheon Grand Bridge Project in Korea
• Macquarie in relation to the Macquarie Korea Opportunities Fund
• Transurban City Link Limited on the $1.7 billion Melbourne City Link toll road
• equity participants in relation to New South Wales toll road projects and financiers in various bids for tram and train assets in the privatisation of Victoria’s public transport system
• National Grid in respect of the Basslink Project
• Earth Tech Engineering Pty Ltd in relation to the Waste Water Treatment Plants at Echuca and Rochester
• Australian Water Services in its bids to build, own and operate the Ballarat and Central Highlands Water Treatment Plants, and
• Aqua Tower in its bid to build, own and operate the Grampians Water Treatment Plants.

Infrastructure mergers and acquisitions

• Wind Power in respect of its sale of development rights in the Bald Hills Wind Project in Victoria
• International Power/Mitsui and Contact Energy in respect of their joint sale of the 300 MW Valley Power Peaker Plant
• ANZIS and Accionia in respect of their acquisition of the Waubra Wind Project in Victoria
• Macquarie on the acquisition of El Paso’s 50 per cent interest in KIECO, a 1800MW power station in Korea
• Contact Energy in relation to its joint venture interest in the 300 MW Valley Power Peaker Plant
• NRG in relation to the acquisition of interests in the 360 MW Lanco Kondapalli power project in Andhra Pradesh, India, and
• NRG in respect of the $344 million acquisition of the Flinders Generator businesses and associated assets.

Project and acquisition financing

• the financiers for a A$326 million corporate debt facility for the development of Acciona Energy’s Waubra Wind Project
• the Sponsors for an approx US $1 billion industrial plant in debt and equity structuring and project financing of an international greenfields project
• the lead arrangers in the $1.755 billion acquisition financing of the Dampier to Bunbury Natural Gas Pipeline 
• the AGL / CBA / TEPCO consortium in the acquisition of Loy Yang A and the related refinancing and restructuring of $2.9813 billion in project debt facilities
• the Joint Lead Arrangers in relation to the $1.186 billion refinancing of Hazelwood Power Station
• the lead arrangers in relation to Alinta’s $1.69 billion acquisition financing of Duke’s Australian gas and power assets
• the project financiers of the $325 million Mitsui / TEPCO 50% joint venture interest in the Tarong North Power Station
• the financiers of $185 million financing facilities for the IPO of ALH
• the Joint Lead Principals in relation to the $1.3 billion refinancing of Yallourn Energy
• the project financiers in the $338 million financing of the SEAGas gas pipeline, and
• Financial Security Assurance Inc in relation to the credit-wrapping of $250 million of Capital Indexed Bonds and Floating Rate Notes issued by Envestra Victoria Pty Ltd.

Sarrah has a Bachelor of Commerce and a Bachelor of Laws (First Class Honours) from the University of Melbourne. She also has a Master of Business Administration from the Melbourne Business School at the University of Melbourne.