The FINANCIAL -- The magazine “Project Finance International” has once again conferred multiple Deal of the Year awards to BayernLB, honouring six project finance transactions which the Bank concluded in 2009 as mandated lead arranger:
· Two of the awards, from the categories “Infrastructure Europe” and “PPP Europe”, went to BayernLB for road construction project financings in Slovakia and Great Britain.
· A transaction to finance a series of British wind farms was hailed as “Portfolio Deal of the Year Europe". The total financing volume for the on and offshore plants, operated by the British utilities firm Centrica, is GBP 340 million.
· Thanks to its energy expertise, BayernLB was awarded the “Americas Power Deal of the Year” for its role as mandated lead arranger in the financing of the 550-megawatt natural-gaspowered plant Astoria II in New York City’s borough of Queens.
· In the Middle East & Africa region, BayernLB won the Middle Eastern Oil & Gas Deal of the Year award for the deal it closed in promotion of the natural-gas-supplying Dolphin Pipeline. It also received the “Gulf Power Deal of the Year” award for the financing of the Shuweihat power generation and water desalination facility in Saudi Arabia.
For years, BayernLB has been a recognised, active player in the project financing market, where it serves German and international customers alike. In the 2009 financial year the Bank was able to demonstrate its expertise and improve its market position further by leading successful transactions above all in the infrastructure, energy and renewable energy
sectors. Structuring project financings for core customers remains one of BayernLB’s most important services under its new business model as well.
Related Stories
