White & Case Wins "Global Legal Advisor of the Year" and 10 More IJGlobal Awards
Project finance and infrastructure journal IJGlobal has named White & Case its "Global Legal Adviser of the Year" and its "Middle East and North Africa [MENA] Legal Adviser of the Year" for work performed in 2015, in the "Institution" category of its IJGlobal Awards 2015.
White & Case also advised on nine deals recognized by IJGlobal as "Deals of the Year" for 2015, five in the Americas and four in the EMEA region. From among deals that closed in the prior year, the IJGlobal Awards honor those that most "involved genuine innovation and moved the market forward."
IJGlobal White & Case Deals of the Year 2015: Americas
- Latin American Mining & Metal Award: CSP Ceara Steel Mill
White & Case represented BNDES in connection with a US$3.1 billion loan to Companhia Siderugica do Pecem (CSP) and related intercompany arrangements.
- Latin American Solar Award: Laberinto Merchant Solar PV
White & Case represented Banco BICE, CaixaBank S.A., CorpBanca New York Branch and DNB Group Agencia en Chile as lenders in connection with a long-term project financing for the development of a 146 MW Solar Photovoltaic Plant in the Northern Interconnected System of Chile.
- North American Midstream Award: Waha Presidio & San Elizario Gas Pipelines
White & Case advised CFE, the Mexican state-owned electric utility, as Mexican counsel on the execution of an NGPA section 311 natural gas transportation service agreement and an intrastate natural gas transportation service agreement with Trans-Pecos Pipeline LLC, linked to the development and operation of the Waha Header and Presidio Pipeline.
- North American Merchant Power Award: Hummel Station Gas-Fired Power Project
White & Case represented Goldman Sachs Lending Partners LLC, Investec Inc. and Industrial & Commercial Bank of China Ltd. New York Branch, as joint lead arrangers, for the approximately US$900 million hybrid-term loan A and term loan B funding of the construction, operation and maintenance of an approximately 1,124 MW 3x1 combined cycle natural gas-fired electric generating unit to be constructed in Snyder County, Pennsylvania.
IJGlobal White & Case Deals of the Year 2015: EMEA
- MENA Social Infrastructure: Zayed University
White & Case represented the lenders on the approximately US$850 million refinancing of the Zayed University New Campus Abu Dhabi PPP Development project.
- MENA Oil & Gas: Pico RBL
White & Case advised HSBC Bank plc, International Finance Corporation and the European Bank for Reconstruction and Development on an up to US$500 million (including accordion option) secured revolving reserves-based lending facility to Cheiron Finance Ltd. in respect of borrowing base assets located in Egypt.
- MENA Petrochemicals: Jazan Air Separation Unit
White & Case advised the Saudi Arabian Oil Company (Saudi Aramco) on the structuring, tendering, development and US$2.1 billion financing of a world-scale industrial gas complex to be constructed in Jazan province. Once completed, the project will be the world's largest industrial gas complex.
- Africa Oil & Gas: Project Cheetah
White & Case advised the lenders to Nigerian National Petroleum Corporation and Chevron on the US$1.2 billion financing program to fund the drilling of 36 offshore/onshore oil wells under a forward sale structure in Nigeria.
The Awards were presented to the 2015 winners at dinners held in four locations around the globe.