December 21, 2023

Milbank Advises Investec on Financing for RNG Project

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Milbank LLP represented Investec as coordinating lead arranger and sole bookrunner and the lenders in connection with financing the development and construction of a 3,783 MMBTu per day food-to-waste renewable natural gas (RNG) project in Linden, New Jersey. The Linden Renewable Energy Project will convert organic waste into pipeline quality RNG.

“We are excited to be a part of the financing for this groundbreaking energy transition project, one of the first-of-its-kind in the region providing a sustainable waste management service while facilitating decarbonization of the natural gas supply chain,” said Global Project, Energy and Infrastructure Finance practice group leader Daniel J. Michalchuk. The Milbank team was led by Mr. Michalchuk and partner Daniel Bartfeld, along with special counsel Thomas Quirxtner and associates Sharanyaa Kruti Vasan, Pierre-Philippe Turnbull, Aigul Causing, Zach Birenbaum and Brooke Brimo.