Landmark Power Project Wins North American and Renewables Deal of the Year
June 7, 2003, Project Finance

White & Case represented Credit Suisse First Boston as the lead initial purchaser of US$380 million of senior secured bonds due June 2023. The bonds were issued by FPL Energy American Wind, LLC, a wholly owned subsidiary of FPL Group (the owner of Florida Power & Light), to finance a portfolio of seven wind-powered electricity generating facilities located in six different states in the United States. The deal is a significant milestone for the wind power industry because it is the first capital markets financing of wind projects in the United States.

Each year the two most highly regarded publications in the world of project finance, Project Finance Magazine select Deals of the Year based on their complexity and importance in regional categories.  In 2003, White & Case earned “Best Deal” distinctions in the following categories:

• Asia Pacific Oil and Gas Deal of the Year –  Blue Sky
• North American Deal of the Year – FPL Wind
• North American Renewables Deal of the Year – FPL Wind
• Latin American Deal of the Year – Costanera  Norte Latin American Transport Deal of the Year – Costanera Norte EMEA Top 10 Deal of the Year – Umm al-Nar

Complete listing of White & Case's Awards, Rankings and League Tables