4 March 2010
4 March 2010 – Mayer Brown, a leading global law firm, today announced that attorneys in its Finance practice served as counsel on three transactions recognized by Project Finance Magazine as 2009 Deals of the Year. The awards recognize innovation and excellence in energy and infrastructure finance, and are selected by the magazine’s staff of experienced journalists, in consultation with influential market participants.
Mayer Brown acted for Odebrecht Oil & Gas in the $1.3 billion limited recourse project financing of two deep-sea drilling vessels, which was named Latin American Oil & Gas Upstream Deal of the Year. Stephen Hood, partner-in-charge of the São Paulo office, was the lead partner.
The Latin American Transport Deal of the Year was the long-term limited recourse project financing of the Mario Covas Ringroad, on which the firm acted for the principal sponsor, Companhia de Concessoes Rodoviarias, and the concessionaire, Concessionaria do Rodonanel Oeste S.A. São Paulo Banking & Finance partner James Vickers was the lead partner.
In the North American Transport Deal of the Year category, the I-595 public-to-private transaction in Broward County, Florida, took home top honors. New York Banking & Finance partner George Miller represented the senior bank lenders in the financing of the $1.6 billion concession.
“We are honored to have worked on these cutting-edge projects,” said partner Barry Machlin, co-Chair of Mayer Brown’s Global Projects practice. “Being recognized by Project Finance Magazine is a testament to the experience, skill and hard work of our attorneys.”
“Project Finance congratulates 2009’s slate of winners,” said Tom Nelthorpe, the magazine’s editor. “Financing conditions were extremely tough, and the deals that closed, let alone those that won awards, showed ingenuity and grit in getting to the finish line. “
For a full list of award winners, please visit www.projectfinancemagazine.com.