Milbank projects honoured at PFI awards ceremony
Published by Stephanie Roker,
Editor
World Pipelines,
Numerous project finance transactions handled by Milbank, Tweed, Hadley & McCloy LLP in 2016 were honoured at Project Finance International's (PFI) annual awards ceremony, held on 1 February in London.
PFI cited projects that Milbank had advised around the globe in North American, Latin America, Asia and Africa, across industry sectors including oil and gas, transportation infrastructure, water supply and power generation.
Dan Bartfeld, Practice Group Leader of the firm's Global Project, Energy and Infrastructure Finance Group, said: "Milbank continues to advise on complex and innovative projects around the world and we are very pleased that PFI has recognised us once again. These awards highlight Milbank's prominence and market share in a broad array of landmark financings in multiple industries and multiple locales around the world. We are honoured that our clients entrust their largest and most important transactions to our global team of attorneys."
Milbank advised on the following pipeline project, recognised by PFI:
Americas oil and gas – continuing its strong presence in US-Mexico natural gas pipeline deal work, Milbank advised international lenders behind approximately US$1 billion in financing for a pair of pipelines (La Laguna-El Encino and La-Laguna-Aguasalientes) running more than 680 miles in central Mexico. Developed by Mexico's leading energy infrastructure company, Fermaca, the conduits will carry US natural gas originating in Texas. PFI called the transactions "the best deal done in the oil and gas sector in the Americas."
Milbank also advised on many other projects that were recognised by PFI at the ceremony, such as:
- The development of Ghana's OCTP oil and gas field.
- CPV Towantic Energy Enter; a gas-fired combined gas turbine in Connecticut, which will sell electricity into the regional marketplace.
- Colombia's 4G highway programme.
- Texas's Vista Ridge water supply project.
- And the development and financing of a US$4.3 billion coal powered electricity generation plant in Central Java.
Milbank has one of the largest dedicated project finance groups in the world with over 100 dedicated lawyers in its offices in the Americas, Europe and Asia. In 2016, the firm advised on more than 35 project, energy and infrastructure transactions globally with capital costs in excess of US$1 billion.
Read the article online at: https://www.worldpipelines.com/business-news/08022017/milbank-projects-honoured-at-pfi-awards-ceremony/
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