Abu Dhabi: World's largest power project financing a ‘template’ for Japan-Korean- ME inbound deals
BY Pamela koh |
Herbert Smith, Ashurst, White & Case and Trowers & Hamlins have all played a role in advising on the world’s largest power project financing thus far this year – Abu Dhabi’s US$1.5bn Shuweihat 3 independent power plant (IPP) project. According the Herbert Smith’s lead partner on the deal, Andrew Newberry, the project is a landmark partnership between Japanese and Korean investors in a Middle East energy financing project.