Milbank LLP

Projects & Infrastructure Department

Asia-Pacific Region
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What the team is known for Highly respected team with impressive expertise assisting blue-chip sponsors in the financing and development of high-value power projects across the region. Assists clients on clean energy and LNG mandates, on top of its notable offering in conventional power work. Frequently acts on projects in South-East Asia, especially the Philippines, Indonesia and Malaysia, and also active on projects located in North America and Latin America. Has a growing presence in Hong Kong, servicing major lenders, such as Chinese state-owned enterprises, on matters across the region. The firm's offering in the region has been strengthened by new hires to the South Korea-based team, offering expertise in high-profile project finance work.

Strengths A client is complimentary about the firm's service, noting: "They are equipped with the knowledge and expertise as one team to provide solutions effectively and efficiently to any issues you may confront on a difficult transaction."

An interviewee emphasises the team's "track record of finding solutions which work commercially and are known to deliver results."

"Milbank always takes good care of its clients in and out of the meeting room, developing excellent relationships," reports another client.

One client comments: "Milbank has lots of experience handling EPCs. They are also prominent in the banking and finance space, commercial contracts and energy projects."

Another source remarks: "They are there for your requirements, needs and work relationships. They are also always on time, good quality and can give creative ideas to consider in terms of achieving specific goals."

One client reports: "The law firm provided a very thorough service throughout the time we were advised by them. We have a very good impression on the firm's performance and we see the firm's client service and commercial awareness positively."

One interviewee describes the team as "very helpful in successfully moving the project forward quickly in a timely manner," while another notes that the lawyers provide "excellent client service and responsiveness."

Work highlights Acted for the lenders, Wakala investors and their respective agents in connection with the USD1.8 billion financing of the Jambaran Tiung Biru gas field unitisation project for Pertamina EP Cepu.

Acted for Asian Development Bank, IFC, MUFG and SMBC on the development and financing of the Riau IPP in Sumatra, Indonesia.

Assisted the lenders, including KEXIM and K-sure, with the financing of the refinery and petrochemical integrated project in Southern Johor, Malaysia.

Advised Udenna on the structuring of a joint venture in the context of the Philippine rules and regulatory framework.

Notable practitioners

Aled Davies in Tokyo, James Murray in Singapore, David Gartside in Seoul and Shepard Liu in Beijing are key points of contact.