Legal news and analysis provider Law360 has named White & Case's Project Finance Practice "Practice Group of the Year" for Project Finance in its 2017 Practice Group of the Year awards announced on January 15. The awards "honor the law firms behind the litigation wins and major deals that resonated throughout the legal industry in the past year," according to Law360.
"We are very pleased to be recognized once again by Law360 as the premiere Project Finance practice in the world," said Global Head of Project Finance Art Scavone (New York). "This recognition is a reflection of the quality of our lawyers and the breadth of our practice around the globe."
Transactions on which the White & Case Project Finance team advised in 2017 include:
- Representation of Vale S.A. and Mitsui & Co., Ltd. on the development and US$2.73 billion financing of the landmark Nacala Corridor Railway and Port Project in Mozambique.
- Representation of Saudi Arabian Oil Company on a US$14 billion joint venture with Petronas to develop and finance Petronas’s Refinery and Petrochemical Integrated Development (RAPID) project in Malaysia and US$5 billion agreement with Pertamina to revamp and finance Pertamina's Cilacap refinery in Indonesia.
- Representation of Deutsche Bank and JPMorgan Chase & Co. in the provision of a US$1.385 billion term loan to Traverse Midstream Partners LLC., a pipeline investor whose portfolio includes the 715-mile Rover Pipeline and the 52-mile Ohio River System pipeline.