SOURCE: Project Finance

Project Finance Deals of the Year

March 05, 2010 06:00 ET

Project Finance Magazine Honors 2009 Awards Winners

NEW YORK, NY--(Marketwire - March 5, 2010) -  Project Finance Magazine is pleased to announce its Deals of the Year awards winners for 2009 (http://www.projectfinancemagazine.com/default.asp?page=9&dealsector=40&ls=921). The awards recognize innovation and excellence in energy and infrastructure finance, and are selected by the magazine's staff of experienced journalists, in consultation with influential market participants.

The awards highlight the recovery in lending activity in the infrastructure finance market since the credit crunch. Government and private sector initiatives throughout the Western hemisphere have provided several opportunities for debt arrangers and underwriters. But banks and developers have had to show ingenuity and persistence in the face of the after-effects of the crunch.

The awards were presented at a gala ceremony at Cipriani Wall Street, New York, on March 4th, 2010. The supporters of the evening's celebrations are international lending and advisory institution Credit Agricole Corporate & Investment Bank, international law firm Mayer Brown, and international trust services provider Wilmington Trust.

The awards will recognize winners in each industry in which project finance institutions are active, including power, oil and gas, transport, social infrastructure and renewable energy. On the evening of the dinner, overall winners for Northern and Latin America will be named, together with the Global award winner, and, for the first time, sponsors of the year for Northern and Latin America.

Companies honored for their transactions include Astoria Energy, Odebrecht, MPX Energia, Plenary Group, ACS, Bouygues, Actus Lend Lease, Meridiam, BP, Dominion Resources, Spectra Energy, Samsung, Fortistar, NRG Energy and United Illuminating.

"Project Finance congratulates 2009's slate of winners," said Tom Nelthorpe, Project Finance Magazine's editor. "Financing conditions were extremely tough, and the deals that closed, let alone those that won awards, showed ingenuity and grit in getting to the finishing line. These qualities will be vital if the project finance community hopes to be a part of infrastructure renewal in the markets where it operates."

More details of the awards winners can be found at www.projectfinancemagazine.com

Project Finance Magazine, a publication of Euromoney Institutional Investor, is the leading global source of energy and infrastructure finance news and analysis. Its website is updated daily from its bureaus in London and New York, and it produces a monthly magazine. For more details visit www.projectfinancemagazine.com.

Contact Information

  • For details on the magazine, contact:
    Robert Jay
    Marketing Manager
    +44 20 7779 7340

    For details of the awards, contact:
    Tom Nelthorpe
    Editor
    +1 212 224 3300