Shearman And Sterling

News August 13, 2015

Shearman & Sterling Advises Lenders on Financing for Bayonne Energy Center

Shearman & Sterling advised Credit Agricole Corporate and Investment Bank, ING Capital LLC, National Australia Bank Limited, Siemens Financial Services, Inc., SunTrust Bank and Wells Fargo Bank, N.A., as joint lead arrangers, in connection with a $300 million senior secured financing relating to the 512 MW electrical generating facility located in Bayonne, New Jersey and an undersea cable interconnecting such facility with ConEd’s Gowanus Substation located in Brooklyn, New York.

The Team