White & Case was ranked the number one Global Law Firm for Project Finance by Project Finance International magazine in its Legal Report 2015, tied with Clifford Chance for the top spot. White & Case rose from the number four ranking in 2014, this year doubling the total number of deals worked on globally to 22 project finance legal mandates in the period from September 2014 to September 2015.
The report highlighted the Firm's strength on the sponsor side and in the North American market, and noted "White & Case may still have some room to expand further [in the EMEA region], going from seven deals last year to 12 this year thanks in part to its success in Turkey on deals such as the Adana hospital, the Kemerkoy lignite plant and the Efeler geothermal power plant."
Arthur Scavone, the Head of the Firm's Global Project Finance Practice, states, "This top ranking reflects White & Case's preeminence globally for project development and project finance transactions. We are able to provide New York, English, Islamic and local law advice as well as commercial and cultural insight into local markets. With more than 200 project finance lawyers, our global footprint means that we have lawyers on the ground not only where the projects are being financed, but also in the developing markets where they are being built."
White & Case's Global Project Finance Practice has an outstanding worldwide reputation for delivering on complex domestic and cross-border transactions, and regularly advising clients on matters ranging from strategic joint ventures, project structuring and project development to advising on the full range of project financings including commercial bank loans, export credit agencies and multilateral facilities, project bonds, alternate capital facilities and Islamic financings. "We are one of the few project finance firms with equal strength on the sponsor side and the lender side, and equal strength in the two major project finance centers—New York and London," says Scavone.
Our clients benefit from our deep understanding and experience in major sectors such as power generation and transmission (including nuclear energy and all forms of renewable energy), oil and gas (including liquefied natural gas (LNG) and petrochemicals), infrastructure (including roads, airports, bridges, railways, ports and social infrastructure), mining and metals, water and wastewater treatment, and telecommunications (including towers, wireless, landline and satellites).