Refinancing of Ravenhall prison project completed

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The GEO Consortium has completed successful refinancing of the Ravenhall Prison Public-Private Partnership (PPP), by way of a long-term US Private Placement. Allens has advised GEO consortium on the refinancing of the project.

The Ravenhall Prison Project was designed and built and is being maintained and operated by the GEO Consortium under a public private partnership arrangement involving The GEO Group Australia, Capella Capital, GEO Care, Honeywell, John Holland and Forensicare, among others.

Allens has advised the GEO Consortium throughout the lifecycle of the Project, since the original bid for the development of the asset in 2013. Work on the original transaction saw Allens recognized at the 2014 and 2018 Infrastructure Partnerships Australia Awards, winning the 'Advisory Excellence' and 'Project of the Year' categories, respectively.

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