Euromoney and Ernst &20Young Global Renewable Energy Awards Acknowledge Firm’s Significant Contributions
NEW YORK, September 20, 2008 – The international law firm Milbank, Tweed, Hadley & McCloy LLP, who provides legal representation for MIDC, has been named “Legal Advisor of the Year” at the 5th Euromoney and Ernst & Young Global Renewable Energy Awards. The awards were established to recognize the projects, companies and individuals who have made significant contributions to the global renewable energy sector, and have demonstra ted best practices in renewable energy finance and development. Milbank was honored for excellence in legal and advisory services to the renewables industry. The awards, dubbed the “Green Oscars,” take place every year in conjunction with the Renewable Energy Finance Forum in London.
Eric Silverman, co-chair of Milbank’s Project Finance Group, said, “We are pleased to be named ‘Legal Advisor of the Year.’ The award recognizes Milbank's commitment to represent the leading developers and financiers of renewable energy projects and technologies. The growth of our practice mirrors the rapid development of the global renewables sector and we look forward to continuing to support our clients' efforts to develop clean and sustainable energy sources for the future.”
Ed Feo, co-chair of Milbank’s Project Finance Group, said, “It’s20an honor to be recognized as a global leader in the renewables sector. We have a long history in the renewable energy business, and are expanding our role as investment in the sector has grown. Energy security and global warming are making renewable energy the future of the world of energy. Our team combines financing, regulatory and industry expertise needed to close the deals which will make a difference in global energy markets.”
The Euromoney and Ernst & Young Global Renewable Energy Award follows a consistent stream of recent accolades including:
- Chambers and Partners 2008: Milbank was ranked #1 in Energy: Renewables & Alternative Energy – Nationwide, as well as first in Projects & Energy: Transactional – California. Chambers also named Milbank the “Global Projects and Energy Law Firm of the Year” for the second consecutive year.
- Eur omoney’s Project Finance magazine: Milbank was recognized for its role in ten “Deals of the Year” in 2007 with an aggregate capital cost $50 billion.
- New Energy Finance magazine: Milbank was ranked as the “Top Clean Energy Legal Advisor to Arrangers” for 2007 acknowledging the Firm’s role in 21 clean energy project financings with an aggregate capital cost of nearly $4.9 billion.
- Infrastructure Journal: For 2007, Milbank was ranked “Number 1 Renewables Legal Adviser,” “Number 1 Wind Legal Adviser,” and “Number 1 Power Legal Advisor."
About Milba nk
Milbank, Tweed, Hadley & McCloy LLP is a pre-eminent global law firm that for more than 140 years has provided innovative legal solutions in many of the world’s largest, most complex, “first-ever” corporate transactions and litigation. Our transactional expertise includes capital markets, corporate finance, project finance, acquisition finance, and other major fields of law practice. Milbank litigation tea ms resolve disputes involving mergers and acquisitions, proxy battles, financings and securities offerings, intellectual property, white collar crime, and corporate restructurings, among others. Our clients range from prominent multinational financial, industrial and commercial enterprises to governments, institutions and individuals. The Firm is headquartered in New York with offices in Beijing, Frankfurt, Hong Kong, London, Los Angeles, Munich, Singapore, Tokyo, and Washington, DC.