News

Ashurst advised on five prizewinning deals at The Asset Triple A Infrastructure Awards

Insight Hero Image

    The projects to receive awards on which Ashurst advised include:

    • Wandoan South Battery Energy Storage System, which was named both Battery Storage Deal of the Year – Global and Battery Storage Deal of the Year – Australia. Partner Dan Brown, with partners Chris Redden and Paul Newman, led the team advising Vena Energy on the debt financing for the Wandoan South Battery Energy Storage System in Australia.
    • ADNOC Gas Pipelines, which was named Oil & Gas Deal of the Year - Global. A team led by partner Stuart James advised ADNOC on one of the largest global energy infrastructure transactions which will see a consortium of investors invest in select ADNOC gas pipeline assets valued at US$20.7 billion.
    • Quantum and Sembelia solar power projects, which was named Renewable Energy Deal of the Year (Solar) - Indonesia. Partners Frederic Draps and Alfred Ng led the team advising Société Générale, as lender, hedging bank and agent, in connection with the US$20 million financing of the Quantum and Sambelia utility-scale solar PV power projects in Indonesia.
    • Murra Warra 2 Finco Pty Limited, which was named Renewable Energy Deal of the Year-Wind/Green Project of the Year - Australia. A team led by partner Chris Redden advised a syndicate of lenders and hedge providers on the project financing of the 209 MW Murra Warra Wind Farm (Stage II) in Victoria.

    Lee McDonald, co-head of the firm's global projects practice, commented:

    "We are delighted to be recognised for our work on these landmark projects. It shows the strength and breadth of our practice, and affirms our place as a market-leading energy and infrastructure adviser. Congratulations and thank you to the entire team and to our fantastic clients who entrust us with their complex and often challenging matters."

    The awards recognise the best infrastructure and project finance deals over the past year across Asia-Pacific, Europe, Middle East, Africa and the Americas, as well as their advisers.