US Law Firm Newswire – Latham Watkins Matters Cited As Finance Deals of the Year

LawFuel.com –
May 05, 2009

Project Finance magazine has named six matters on which Latham & Watkins’ attorneys advised as “Deals of the Year 2008.” A testament to Latham’s global project finance capabilities, the firm was cited for its roles on deals spanning multiple industry sectors and on three continents, including: “North American Renewables Deal of the Year” for advising Noble Environmental Power on the largest wind power financing in US history, a $777 million debt offering; “North American Acquisition Deal of the Year” for advising the lenders to Southwest Generation LLC in its $810 million acquisition of a 974MW contracted power portfolio; “North American Oil & Gas Deal of the Year” for advising the lenders to the $2.2 billion Southern Lights pipeline that will transport lighter grades of oil as diluent from the US Midwest to the oil sands region of Alberta, Canada; “Asia-Pacific Multi-source Deal of the Year” for advising the sponsors of Theun Hinboun Power Company’s $608 million hydropower expansion project in Laos; “Asia-Pacific Telecoms Deal of the Year” for advising the senior lenders to PT Profesional Telekomunikasi Indonesia (Protelindo) in the financing of $525 million in senior debt and mezzanine facilities for the acquisition of wireless telecommunication towers and the refinancing of debt; and “Middle East Power Deal of the Year” for advising the project sponsors in Ras Girtas Power Company’s $3.25 billion debt financing, marking the first time that the Qatari oil and gas model of inviting a large number of banks to commit on a final hold basis to eliminate syndication risk had been extended to the power market.

Stay ahead in law news. Subscribe now.

LawFuel has been breaking news for lawyers since 2001. We're still first to market with the news that powers lawyers - get our weekly headlines.

    We respect your privacy. Unsubscribe at any time.