A Noteworthy Year for Shearman & Sterling Project Finance
15 Apr 2009
Nicholas Buckworth, Philip B. Dundas Jr., Pierre-Nicolas Ferrand, Denise M. Grant, Patricia G. Hammes, Stephan Hutter, Mathew C. Kidwell, Kenneth MacRitchie, Bill McCormack, Jeanne C. Olivier, Tim Pick, David Platt, Andrew Ruff, Ben Shorten, Howard M. Steinberg, Gregory Tan, Sanja L. Udovicic, Cynthia Urda Kassis

Despite a challenging economic environment, the firm’s Project Development & Finance Group has wrapped up the 2008 award season by winning the most awards in the group’s history.

This year, six publications presented 16 awards to deals on which the group advised across Asia, Europe, Latin America, the Middle East and North America in the power, oil and gas, and infrastructure sectors.

"The quantity and span of awards, more than half of which were given to deals closed in the second half of 2008, underline the strength and versatility of the group and its ability to close big-ticket deals in difficult credit markets,” said Nicholas Buckworth, Co-Head of Shearman & Sterling’s Project Development & Finance Group.

The group’s unprecedented breadth of awards includes:

• Asia Refinancing Deal of the Year 2008 | Santa Rita Power Project | Project Finance
• Best Americas Deal 2008 | Angamos Power Project | Power Finance & Risk
• Best Project Finance Deal of 2008 | Angamos Power Project | Latin Finance
• Deal of the Year Europe/Middle East 2008 | Ras Laffan C | Power Finance & Risk
• European Leisure Deal of the Year 2008 | Wembley National Stadium | Project Finance
• Latin America Oil & Gas Deal of the Year 2008 | GNL Quintero LNG | Project Finance
• Latin America Power Deal of the Year 2008 | InterGen/Zorro | Project Finance
• Middle East IWPP Deal of the Year 2008 | Ras Abu Fontas A1 | Project Finance
• Middle East Power Deal of the Year 2008 | Ras Laffan C | Project Finance
• North America Portfolio Power Deal of the Year 2008 | Topaz | Project Finance
• Oil & Gas Deal of the Year 2008 | GNL Quintero LNG | Project Finance International
• Power Deal of the Year 2008 | Angamos Power Project | Project Finance International
• Power Deal of the Year 2008 | Angamos Power Project | Infrastructure Journal
• Power Deal of the Year 2008 | Ras Laffan C | Project Finance International
• Project Finance Deal of the Year 2008 | Panama Canal Expansion | IFLR Americas Awards
• Top 10 Deal of 2008 – Americas | Puget Energy | Project Finance International

For the volume and complexity of deals closed in the Americas, project finance team members were also awarded:

• Project Finance Team of the Year 2008 | IFLR Americas Awards
• Dealmaker of the Year | Cynthia Urda Kassis | The American Lawyer

“Being named a ‘Dealmaker of the Year’ is a tribute to the entire team and to the firm as a whole,” said Cynthia Urda Kassis, Co-Head of the group. “Our successes reflect a true team effort of colleagues from around the globe.”

Shearman & Sterling’s Project Development & Finance Group boasts a leading reputation in both New York and English law, with an integrated practice operating across the Abu Dhabi, Hong Kong, London, New York, Shanghai, Singapore, and Tokyo offices, as well as a long-term commitment to the emerging markets and a pioneering role on worldwide market firsts.

For more information, please contact: Ron Brandsdorfer | New York | T +1.212.848.5081 |