Andrew Pendleton

Partner

Contact
F +81 3.5410.2891

Tokyo

21F Midtown Tower

9-7-1 Akasaka, Minato-ku

Tokyo, JP 107-6221

T +81 3.5410.2847

F +81 3.5410.2891

Andrew Pendleton is a partner in Milbank’s Energy, Infrastructure and Project Finance Group based in Tokyo.  He was previously based in our London office. Andrew has particular experience supporting ECAs, sponsors and commercial banks on large multi-sourced project and acquisition financings, and restructurings, in the petrochemicals, oil and gas, mining and power sectors globally, having acted as lead associate on a number of award-winning transactions.

Primary Focus & Experience

His recent representations include acting as lead associate on behalf of the various finance parties with respect to the multilateral project financings for:

  • the US$10 billion financing for the PRefChem Project (RAPID / Marigold) in Malaysia;
  • the US$4.4 billion Oyu Tolgoi Mining Project in Mongolia (named “Mining Deal of the Year” at the PFI Awards 2016);

  • the US$5.2 billion Rabigh Petrochemical Expansion Project in Saudi Arabia (named “Petrochemicals Deal of the Year” at the PFI Awards 2016); and

  • the US$12.5 billion Sadara Integrated Chemicals Project in Saudi Arabia (named “Global Deal of the Year” and “Middle East Deal of the Year” by Project Finance Magazine, “Middle East and Africa Petrochemical Deal of the Year” by Project Finance International, and “Project and Infrastructure Deal of the Year” by Islamic Finance News).

His other oil, gas and petrochemicals representations include acting for the Sponsors / finance parties in relation to the development and financing of the Papua LNG Project, the Yemen LNG Project, the Yanbu Refinery Project (Saudi Arabia), and the Qatofin Petrochemical Project in Qatar.

In the mining sector, he has acted on the financings for, among other projects, the Ambatovy nickel and cobalt mine in Madagascar and the Lumwana copper mine in Zambia.

Andrew has advised Sponsors and financing parties on various power-related acquisition and project financings in EMEA and South East Asia.

Recognitions & Accomplishments

Andrew has written for various legal industry publications. He is a co-author of both the Oxford University Press Guide to International Project Finance: Law and Practice and The Projects and Construction Law Review.

Andrew is ranked by Chambers as an “Associate to Watch” with clients saying, "He is proactive, thorough and approachable, which is key," and "I don't hesitate to ask him things, as he knows things inside out."

Additional Details
Education
  • Nottingham Law School, D.P.L., 2004
  • University of Warwick, B.A., 2002
Admissions
  • England and Wales
  • Registered Gaikokuho Jimu Bengoshi with the Daiichi Tokyo Bar Association