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26 January 2010
Standard Bank has won five awards from Project Finance Magazine in its 2009 ‘Deals of the Year’.
These awards recognise Standard Bank’s expertise in project finance in its core markets, particularly the telecoms, mining, infrastructure and power sectors and celebrate the best deals of the 2009 calendar year.
The winning deals are:
- Botswana Power Station-Morupule B: Africa Power Deal of the Year
- Paladin Energy Kayelekera Uranium Mine: Africa Mining Deal of the Year
- Lafarge WAPCO-Lakatabu Expansion: Africa Industrial Deal of the Year
- MTN Uganda: Africa Telecoms Deal of the Year
- Zain: Middle East Telecoms Deal of the Year.
Jonathan Wood, Head of Project Finance, Standard Bank, says: “We are delighted to have won awards for these deals from such a well-regarded industry publication. They serve as recognition of Standard Bank’s expertise in arranging complex financings across sectors and regions.”
Sean Keating, a managing editor at Project Finance Magazine, says: ”Each of these deals is either a first in terms of project financing within that country and sector, or an evolution in the financial engineering available to project sponsors in the region. They represent new funding options for project developers at a time when huge demand for infrastructure development, and the associated economic stimulus, is not being matched by many international banks.”
Project Finance Magazine , part of the Euromoney stable of magazines, is a leading industry title that evaluates new financial instruments and provides detailed analysis of deal round ups.
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