60MW solar PV project in Bulgaria: Arranged a €125mm 16-year term project financing with OPIC, IFC, and UniCredit-BulBank. Project financing was closed and funded in a record time of 4 months.
2 x5MW solar PV projects in Gujarat, India: Arranged $30mm financings with OPIC. The loans achieved all-in record low fixed interest rates below 5% for 15 years.
3 solar PV projects totaling 26MW in Thailand: Arranged the equivalent of $80mm financings in Thai Baht with local Thai banks. Term of 15 years established a record for Thai project loans in the sector.
70MW solar PV project in Rovigo, Italy: Arranged €276mm financing with a consortium of 6 European project finance lenders. Term was 18 years post-construction with debt leverage of 80%. Pre-completion interest rate swaption saved the project over $10mm.
Sunedison's Regional Platform for South and Southeast Asia and Sub-Saharan Africa: Arranged IFC's commitment to invest $55mm.
Sale of international projects totaling 166MW to equity investors: Supervised the sale of these projects to investors such as First Reserve Infrastructure Fund (for both levered and unlevered projects).
La Ventosa 67.5 MW wind project in Mexico: Acted as Financial Adviser to the US Export Import Bank. Financing involved IFC and IDB, in addition to EXIM Bank's $80mm direct loan. It also involved the first deployment of the Clean Tech Fund in Latin America with a subordinated loan of $17mm. All loans were swapped into local currency.
Invenergy Forward wind energy portfolio: Completed the financing of the $260mm in association with Dexia as joint mandated lead arrangers.
Red de Carreteras Occidente/FARAC acquisition of a portfolio of toll roads in Mexico: Earned the titles of "Latin American Deal of the Year - 2007" from Project Finance International and "Latin American Transport Deal of the Year - 2007" fromProject Finance Magazine for co-underwriting the financing of the MXN 37.1 billion project. Nord/LB underwrote the MXN equivalent of $400mm, its largest project finance underwriting ever, acting as a co-book runner with 2 other financial institutions supporting the winning bid of Goldman Sachs and ICA, Mexico's largest construction company.
380MW Airtricity U.S. portfolio of 4 wind projects: Successfully implemented a $500mm mandate to finance these projects. Nord/LB teamed up with 2 other co-arrangers to implement a turbine financing facility followed by a construction loan, in turn, followed by term loans for each of the 4 projects.
Canada Line project in Richmond Airport's Vancouver greater region: Earned the 2005 Infrastructure Deal of the Year Award from Project Finance International and the 2005 North American Transport Deal of the Year Award from Project Finance Magazine for the C$600mm project. Nord/LB was selected as one of 3 lead arrangers for Canada's first mass transit PPP concession led by SNC Lavalin. The 28-year project loan was syndicated to 14 banks with a 100% participation ratio.
Lignite-fired 2 x 360MW power plant project in Laos: Was the leading Finance Representative from a consortium involving Ansaldo, Foster Wheeler Espana, and Raytheon for the $800mm project which benefited from a long-term power purchase agreement from EGAT of Thailand. The consortium's financing solution involved the export credit and bilateral agencies of Canada, Spain, Italy, Thailan, and the U.K. (CDC).
Refinery modernization project in Slovakia: Completed a $130mm financing with the support of political risk insurance from NCM of the Netherlands.
Eximbank-supported transactions: Led over 50 such transactions in the 5-year period to 1996, totaling over $2.5bn. Of these, 34 were arranged solely by SG, representing over 70% of the total dollar amount.
OCENSA oil pipeline financing in Columbia: Among the less traditional export finance and project finance transactions was this $566mm financing, which closed in December 1995. Societé Générale was one of six co-arrangers and agent banks. Was the transaction team leader for SG, actively participating in all the negotiations
BjM International, Inc.