Deploying a ‘collaborative and solution-oriented team’ capable of ’responding to the needs of projects at different stages’, Milbank is called upon by leading lenders and sponsors for market-first projects across the EMEA region. The firm is regularly engaged on energy transition mandates, counting green steel, EV battery, and ethanol plant-related matters among its workload, and possesses extensive project bond experience. Team head John Dewar is well-equipped to advise multilateral and export credit agencies, commercial and multilateral developmental investment banks, and financial sponsors on sophisticated, multi-sourced project financings, and is also a highly experienced Islamic finance practitioner. Co-head Matthew Brown has a similarly broad finance practice and takes the lead on a number of energy transition mandates, earning praise for his ‘commercial’ outlook and focus on ’(getting) a deal done effectively and efficiently’. Munib Hussain has recently advised on blockbuster oil and gas projects in the Middle East, covering the financing, refinancing and development aspects for a range of regional and international banks. A ‘tremendous asset’ to clients, Rachel Croft’s extensive finance practice is focused on the energy transition, while Seyda Duman’s broad portfolio of work includes digital infrastructure, mining and minerals, and oil and gas work. Kilian De Cintré left the firm to join Vinson & Elkins RLLP in November 2023.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
'Staffed with capable and self-starting associates. Able to manage a wide set of stakeholders under immense time pressure. Able to provide counsel based on big picture commercial reality and not get unnecessarily bogged down with legal minutiae.’
‘Matthew Brown is commercial and responsive. He knows when to push, pull, pause and pivot.’
‘Milbank deploys a lean and capable team, responding to the needs of the project at different stages. The team is very collaborative and solution-oriented regardless of what side of the deal they are on.’
‘Matthew Brown is an absolute star - he is very commercial, always looking for the best way to get the deal done effectively and efficiently and ever present.’
'Matthew Brown, Rachel Croft and the project finance team at Milbank are brilliant. They are a great complement to eachother's strengths making them a stellar team bringing key competence, commerciality and breadth of experience both in terms of the industry and project management. Cannot rave more about them.'
'Matthew Brown is exceptional. He has a wonderful mix of being very commercial whilst navigating the risk-mitigating world of law brilliantly. He is great with clients and the other side alike, and is unmatched. Rachel Croft is one of the best lawyers I have ever encountered. She has an uncanny ability to know and remember the exact effect of a commercial change on each provision of the myriad of documents and is a tremendous asset. She and Matthew together are an unstoppable team.'
Key clients
- JP Morgan
- Standard Chartered Bank
- Sumitomo Mitsui Banking Corporation
- Sumitomo Mitsui Trust Bank
- Nippon Export and Investment Insurance
- Japan Bank for International Cooperation
- International Finance Corporation
- Societe Generale
- Norinchukin Bank
- BNPP
- European Bank for Reconstruction and Development
- Public Investment Fund
- BPIFrance
- Breakthrough Energy Catalyst
- EIB
- H2 Green Steel
- EIG Global Energy Partners
Work highlights
- Advised the lenders and export credit agencies in connection with the US$690m financing of the Amunet 500MW onshore wind farm.
- Advised on the $5bn financing for the expansion of Northvolt Ett. This transaction marks the largest green loan ever secured in Europe.
- Advised H2 Green Steel on its $4bn financing for the world's first large-scale hydrogen production and green steel plant.
Lawyers
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Practice head
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John Dewar, Matthew Brown