ContourGlobal Solutions Portfolio Financing Named "Project Finance Deal of the Year"

International Financial Law Review

March 24, 2011

ContourGlobal Solutions portfolio financing was named “Project Finance Deal of the Year” in International Financial Law Review’s (IFLR) 2011 European awards. Latham & Watkins advised the sponsor, borrowers and project subsidiaries in a deal IFLR described as “notable for its unique structuring.” IFLR added: “The security structure is a novel, unique hybrid of corporate and project finance structures.”

The project financing was in connection with the development of ContourGlobal Solutions’ portfolio of 17 environmentally friendly quad-generation and tri-generation power plants located throughout Eastern and Western Europe, Nigeria and Russia. This transaction was previously named the “Europe, Middle East & Africa Power Portfolio Deal of the Year” by Euromoney’s Project Finance Magazine.

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