Once again securing its place as a leading energy and infrastructure advisor, Milbank LLP was named by Proximo as the “North America Legal Advisor of the Year” for the second year in a row and received three “Deal of the Year” awards. The North America awards ceremony was held on March 3, 2022 in New York.
The Proximo Deals of the Year Awards recognize notable transactions across the region in the infrastructure and energy sectors. Winners are selected based on input from the publication and peer firms across various sectors and regions.
Milbank transactions were honored in the following categories:
- North America Power Deal of the Year – CPV Maryland: Milbank LLP advised the lenders in connection with the $450 million refinancing provided to CPV Maryland, LLC, owner of a 745MW natural gas-fired power plant located in Charles County, Maryland. The refinancing consisted of a $350 million term B loan and $100 million revolver.
- North America Wind Deal of the Year – Shepherds Flat (Silverado): Milbank LLP advised a consortium of lenders in connection with the construction/term loan, tax equity bridge loan and letter of credit facilities for the North Hurlburt Project, a 265 MW wind energy facility located in Gilliam County, Oregon; the South Hurlburt Project, a 290 MW wind energy facility located in Morrow and Gilliam Counties, Oregon; and the Horseshoe Bend Project, a 290 MW wind energy facility located in Morrow and Gilliam Counties, Oregon.
- North America Portfolio Deal of the Year – Project Archway: Milbank LLP advised AMP Solar Group Inc. in connection with the $350 million financing for a portfolio of solar and solar plus storage projects located in the United States, Japan and Australia.
Bill Bice, a partner in the New York office, noted: “We credit our success in the rapidly transitioning energy sector to both our clients and our broader team at Milbank, which has time and again proved its ability to adapt and execute the most challenging transactions.”
Milbank has one of the largest project, energy and infrastructure groups in the world with over 125 dedicated lawyers in its offices in the Americas, Europe and Asia. In the past five years, the firm has acted as the lead legal advisor in a wide variety of power, energy, oil/gas, natural resources and other infrastructure projects worldwide that mobilized hundreds of billions of dollars of capital. The firm was also recently recognized as “Global Legal Adviser of the Year” and “Latin America International Legal Adviser of the Year” by IJGlobal, “Latin America Legal Advisor of the Year” by Proximo, “Best Infrastructure Law Firm” by LatinFinance, “Banking & Finance Legal Adviser of the Year” by Bonds & Loans Latin America & Caribbean Awards, and “Law Firm of the Year” by Power Finance Risk Awards.
