White & Case tops IJGlobal H1 2024 Infrastructure and Project Finance League Table
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IJGlobal has ranked global law firm White & Case LLP the #1 project finance legal adviser and infrastructure legal adviser in APAC by deal value in its H1 2024 Infrastructure and Project Finance League Table Report. This follows IJGlobal naming White & Case the 2023 "Legal Adviser of the Year for APAC."
Work highlights from the APAC team during the first half of the year include representing:
- MidOcean Energy (MidOcean), a liquefied natural gas company formed and managed by EIG, on its acquisition of Tokyo Gas' interests in the Australian Gorgon LNG, Pluto LNG and Queensland Curtis LNG projects
- TotalEnergies on the signing of an agreement with OMV to acquire its 50 percent interest in Malaysian independent gas producer and operator SapuraOMV Upstream Sdn (SapuraOMV) for a consideration of US$903 million, including the transfer of a US$350 million loan granted by OMV to SapuraOMV, and subject to customary closing adjustments
- Bank of New Zealand and MUFG Bank Ltd on the project financing of the 63 MW Lauriston Solar Farm near Christchurch, New Zealand
- Neoen on its AUD$1.1 billion portfolio financing in Australia. The deal enables the refinancing of approximately AUD$700 million of single asset-level debt with the remainder dedicated to the financing of new assets
- Aberdeen Global Infrastructure Partners Fund II (abrdn) and Macquarie Capital's Infrastructure and Energy Capital division on the legal aspects of the disposal of interests in Western Australian Schools PPP and ACT Law Courts PPP, and advised abrdn on the legal aspects of the disposal of its interest in Perth Stadium, in each case to MM Capital Infrastructure Fund II, L.P.
Brendan Quinn, partner and head of the Project Finance group in Asia-Pacific said, "While there are less transactions in the market this financial year than last year, the APAC project finance market remains buoyant, driven by cross-border transactions and energy transition. These rankings reflect our leading market position and the trust our clients place in us to handle the most complex project transactions in the region. We are grateful that our clients trust us to handle their transactions in a broad range of sectors."
