Milbank Named Best Law Firm for Renewable Energy Finance in Environmental and Carbon Finance Market Survey
NEW YORK, December 17, 2008 – The international law firm Milbank, Tweed, Hadley & McCloy LLP was recognized by the readers of Environmental Finance and Carbon Finance magazines – leading international publications covering environmental markets, investment and risk management – for its expertise in renewable energy financing. The Firm was awarded “Best Law Firm” for Renewable Energy Finance by more than 1,600 readers of the two publications, making the survey one of the largest and most closely watched in the growing environmental finance markets.
Ed Feo, co-chair of Milbank’s Power, Energy and Utilities Group, said, “We are pleased to be recognized as a global leader in renewable energy financing by this independent market survey. We are gratified that the participants provided such a strong public endorsement of our cutting-edge expertise in structuring and closing these deals, especially in such a challenging market environment.”
Milbank was involved in a number of significant renewable energy financing deals in 2008 and continues to be active in this sector. The recognition as “Best Law Firm” for Renewable Energy Finance by the Environmental Finance and Carbon Finance magazines market survey follows a consistent stream of recent accolades, including:
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Euromoney and Ernst & Young Global Renewable Energy Awards: Milbank was named “Legal Advisor of the Year” for 2008.
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Chambers and Partners 2008: Milbank was ranked #1 in Energy: Renewables & Alternative Energy – Nationwide, as well as first in Projects & Energy: Transactional – California. Chambers also named Milbank the “Global Projects and Energy Law Firm of the Year” for the second consecutive year.
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Euromoney’s Project Finance magazine: Milbank was recognized for its role in ten “Deals of the Year” in 2007 with an aggregate capital cost of $50 billion.
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New Energy Finance magazine: Milbank was ranked as the “Top Clean Energy Legal Advisor to Arrangers” for 2007 acknowledging the Firm’s role in 21 clean energy project financings with an aggregate capital cost of nearly $4.9 billion.
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Infrastructure Journal: For 2007, Milbank was ranked “Number 1 Renewables Legal Adviser,” “Number 1 Wind Legal Adviser,” and “Number 1 Power Legal Advisor.”
About Milbank
Milbank, Tweed, Hadley & McCloy LLP is a pre-eminent 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, 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.