Milbank Named Top Global and U.S. Renewable Energy Legal Advisers by Dealogic
Milbank Ranked No. 1 in Project Value, Deals and Market Share
NEW YORK, May 16, 2007 – Dealogic, a leading provider of league tables for the capital markets industry, has ranked the international law firm, Milbank Tweed, Hadley & McCloy LLP as the No. 1 Global and U.S. Renewables Legal Adviser for 2006. Milbank ranked first globally and in the U.S. on Dealogic’s three league table variables: project dollar value, number of deals and market share percentage.
Edwin F. Feo, co-chair of Milbank’s Global Project Finance Group, commented, “Being listed as Number One is a testament to the success of our clients in the rapidly expanding field of renewable energy. It is a privilege to be part of their success.”
Practice co-chair Eric F. Silverman added, “Both rankings showcase what it means to truly be a global law firm – the ability to work seamlessly with offices and colleagues around the world, and complete transactions in even the most challenging legal jurisdictions.”
Milbank’s work in the renewable energy arena continues strong into 2007. Among the deals it has completed so far this year are:
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Representing Lehman Brothers in their strategic investment in SkyPower Corporation, a major Canadian wind developer.
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Representing ENEL North America, Inc (ENA), a leading owner and operator of renewable energy projects, in ENA’s acquisition of AMP Resources LLC (AMP) from AMP Capital Partners and a minority investor.
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Representing HSH Nordbank AG in the construction financing of the 205 MW White Creek Wind I Project.
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Representing Padoma Wind Power, LLC in its acquisition of the 117 MW Elbow Creek Wind Project from Wind Plus Holdings, Inc.
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Representing Mizuho Corporate Bank, Ltd., and HSH Nordbank AG in the construction financing of the 80 MW Allegheny Ridge Project.
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Representing Mizuho Corporate Bank, Ltd, Bayerishe Landesbank and HSH Nordbank AG in the construction financing of the 310 MW Cedar Creek Wind Project.
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Representing Babcock & Brown in its agreement to purchase four wind farms from Gamesa Energy USA.
About Milbank
Milbank, Tweed, Hadley & McCloy LLP is a preeminent global law firm that for more than 140 years has provided innovative legal solutions in many of the world’s largest, most complex, “first-ever” corporate transactions and litigation. Our transactional expertise includes capital markets, corporate finance and transactions, project finance, acquisition finance, and other major fields of law practice. Milbank litigation teams resolve disputes involving mergers and acquisitions, proxy battles, financings and securities offerings, intellectual property, white collar crime, and corporate restructurings, among others. Our clients range from prominent multinational financial, industrial and commercial enterprises to governments, institutions and individuals. The Firm is headquartered in New York with offices in Beijing, Frankfurt, Hong Kong, London, Los Angeles, Munich, Singapore, Tokyo, and Washington, DC.