Milbank LLP represented Global Infrastructure Partners (“GIP”) and the lenders in connection with a US$230 million HoldCo financing provided to Yinson Bergenia Consortium, a subsidiary of Yinson Production, in relation to the FPSO Maria Quitéria vessel which will be deployed off the coast of Brazil.
Commenting on the financing, Milbank Global Project, Energy and Infrastructure partner Dan Bartfeld said “We are thrilled to support GIP and the other investors in this important financing in the Brazil offshore sector. There continues to be strong liquidity in the energy/infrastructure markets for well-structured transactions with strong sponsors.”
GIP is a leading infrastructure investor with approximately US$100 billion in assets under management that specializes in investing in, owning and operating some of the largest and most complex assets across the energy, transport, digital infrastructure and water and waste management sectors.
The Milbank team was led by Global Project, Energy and Infrastructure partners Dan Bartfeld and Chris Taufatofua, along with lead associate Bader Thabti supported by associates Phil Benger, Jacob Panagi, Graziela Legatti and trainee Steven Simmers.
