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Craig Whitley, Partner | Banking & Finance

Craig Whitley

Partner Fasken
Language(s) English, Afrikaans
Office(s) Johannesburg
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Overview

Craig Whitley is a partner in Fasken’s Banking & Finance Practice based in Johannesburg. Craig acts for both local and international banks, as well as borrowers and sponsors, with regard to their funding structures, in particular leverage finance, project finance, acquisition finance, real estate and development finance, commodities finance, preference share funding and security structuring.

With more than 20 years of experience he has been involved in a wide range of projects in various sectors including infrastructure and power which includes extensive experience acting for both sponsors and lenders under the Department of Energy’s renewable energy IPP programme, as well as in the real estate, mining and metals sectors.

Craig regularly drafts and negotiates on behalf of lenders and borrowers (both under LMA and otherwise) across a wide range of cross-border financing transactions.

Craig is recognised in Chambers Global for his Banking & Finance experience. Sources say “he is really somebody I would always go to. He has a broad range of experience across banking and finance and is really helpful" and “Craig provides a high quality service and is well aware of the local law requirements and specialist input required for an international project financing”.

Achievements

  • Recognised nationwide in South Africa in Banking & Finance., Chambers Global 2026
  • Recognized nationwide as a Leading Partner in Banking and Finance. , The Legal 500 Europe Middle East and Africa 2026
  • Recognised nationwide in South Africa in Banking & Finance., Chambers Global 2025
  • Recognized nationwide as Highly Regarded in Banking, Energy and Infrastructure, and Project Finance, IFLR 1000 2024 to 2025
  • Recognized by Best Lawyers in the field of Banking and Finance Law, Best Lawyers 2022 to 2025
  • Recognised nationwide in South Africa in Banking & Finance, Chambers Global 2024
  • Recognised within the field of Banking & Finance, Chambers & Partners 2014 to 2023
  • Recognised one of the World’s Leading Banking Lawyers, Who's Who Legal 2021
  • Recognised as highly regarded in Banking, Energy & Infrastructure and Project Finance, IFLR 1000 2014 to 2021
Who's Who Legal Publication name with laurels Who's Who Legal Recognised one of the World’s Leading Banking Lawyers
IFLR 1000 Publication name with laurels IFLR 1000 Recognised as highly regarded in Banking, Energy & Infrastructure and Project Finance

Experience

  • Fasken advises Lenders on the financial close of two registered 100 MW energy projects, [Deal - Lenders], Fasken advised the Lenders on the financial close of two registered 100 MW SOLA Group energy projects.
  • Rand Merchant Bank finances the development of the Table Bay Mall, [Deal - Rand Merchant Bank], Craig advised Rand Merchant Bank in relation to the financing of the development of the Table Bay Mall, Cape Town.
  • Nedbank Limited, Absa Bank Limited, Rand Merchant Bank and Standard Bank of South Africa Limited provides funding to Fidelity Security Services Proprietary Limited in respect of its acquisition of ADT, [Deal - Nedbank Limited, Absa Bank Limited, Rand Merchant Bank and Standard Bank of South Africa Limited], Craig represented Nedbank Limited, Absa Bank Limited, Rand Merchant Bank and Standard Bank of South Africa Limited on the ZAR1.8 billion syndicated acquisition funding provided to Fidelity Security Services Proprietary Limited in respect of its acquisition of ADT South Africa Proprietary Limited ...
  • Advised Amakhala Emoyeni RE Project 1 (Pty) Ltd. and Cennergi (Pty) Ltd., Tata Power and Exxaro Resources Ltd. in respect of the project financing of the Amakhala Wind Farm in the Eastern Cape, [Deal - Amakhala Emoyeni, Cennergi (Pty) Ltd, Tata Power, Exxaro Resources Ltd], Craig advised Amakhala Emoyeni RE Project 1 (Pty) Ltd. (as borrower) and Cennergi (Pty) Ltd., Tata Power and Exxaro Resources Ltd. (as sponsors) in respect of the project financing of the Amakhala Wind Farm (140MW) in the Eastern Cape, under the DoE's Renewable Energy IPP Procurement Programme.
  • Advised Nedbank Capital, a division of Nedbank Limited and Absa Capital, a division of Absa Bank Limited and Sumitomo Mitsui Banking Corporation Europe Limited, on the provision of an ECA-backed project financing facility to Dorper Wind Farm (RF) Proprietary Limited, [Deal - Nedbank Capital, Absa Capital and Sumitomo Mitsui Banking Corporation Europe Limited], Craig advised Nedbank Capital, a division of Nedbank Limited and Absa Capital, a division of Absa Bank Limited and Sumitomo Mitsui Banking Corporation Europe Limited, on the provision of an ECA-backed project financing facility to Dorper Wind Farm (RF) Proprietary Limited, relating to the constru...
  • Rand Merchant Bank provides development funding to Lexshell 44 (Pty) Ltd. for the establishment of the new head office accommodation for Alan Gray, [Deal - Rand Merchant Bank], Craig advised on the provision of development funding to Lexshell 44 (Pty) Ltd., the owner of the V&A Waterfront, for the establishment of the new head office accommodation for Alan Gray.

Career & Education

Education

  • LLB University of the Witwatersrand
  • BSc University of the Witwatersrand

Memberships & Affiliations

  • Admitted as a Conveyancer
  • Member Legal Practice Council of South Africa 2002

Knowledge

News

  • African Law & Business mentions Fasken team in an article on South African renewable energy deal, 9/29/2022
  • Fasken Advises Lenders on Ground-Breaking 100 MW Renewable Energy Projects, 9/22/2022
  • Seventeen Fasken Lawyers Recognized in the 2022 Edition of Best Lawyers in South Africa, 11/11/2021
  • Fasken Welcomes New Partner Craig Whitley to the Banking and Finance Group in Johannesburg, 5/24/2021

Speaking Engagements

  • Intercompany financing facing new challenges, 1/1/2014
Panelist Intercompany financing facing new challenges EY Conference