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By Nick Flitterman

Portland Wins PFI Award

Portland Wins PFI Award

The $1.4 billion financing for the Offshore Cape Three Points project, where Portland acted as Financial Advisor to UK Export Finance, has been awarded “2016 African Oil & Gas Deal of the Year” by Project Finance International. The picture shows the UKEF and Portland team at the Awards Dinner at which the award was presented.


From left to right: Oliver Irwin (Milbank), Iain Hackston, Margaret Eyres (UKEF), Joe Shephard (UKEF), Keith O’Donnell, Frauke Bialokoz, Tim Loy (UKEF), David Craig (UKEF), Geoff Knox and Richard Simon-Lewis (UKEF).

By Nick Flitterman

Portland Ranked Top Financial Advisor in 2016

Portland Top of the Charts

The league tables are out, and Portland Advisers has been confirmed by Infrastructure Journal as no.1 Financial Advisor by value in 2016 following a very successful year. This follows the closure of transactions such as Yamal LNG and OCTP, and confirms Portland’s well established position as a leading Financial Advisor in the key infrastructure sectors globally.

Further information can be found by clicking here.

 

 

 

By Nick Flitterman

European Telecom’s Deal of the Year award for O3b Networks

European Telecom’s Deal of the Year award for O3b Networks

The awards keep on rolling in for financings advised on by the Portland team. This time it’s the O3b Networks financing for its satellite constellation expansion that has been named “European Telecom Deal of the Year” by the Infrastructure Journal at their ceremony in London.

O3b stands for the “other three billion”, a reference to nearly half of the world’s population that is not adequately served with broadband internet access due to the absence of a backbone of super-fast fibre-optic cable connections in many regions. Now successfully operational and meeting both its developmental and economic goals, Portland has guided O3b’s management team through it’s multiple financings and various stages of growth and is delighted to have played its part in what has become the fastest growing satellite company in the sector.

For further information, contact Nick Flitterman on +44 20 7183 8385 or nick.flitterman@portlandadvisers.com

 

 

By Nick Flitterman

Portland advises on Welsh National Broadband project

In a team lead by Frauke Bialokoz, Portland Advisers has been advising the IT Procurement Team in the Welsh Government on the Next Generation Broadband for Wales (NGBW) project.

Following a competitive process BT was awarded the Next Generation Broadband project for Wales in July 2012 , subject to European State Aid approvals. Following completion (scheduled for the end of 2015), 96 per cent of businesses and homes in Wales will be able to access a fibre-based broadband service. The project will specifically target the 52% of premises in Wales for which there is currently no planned commercial roll out of broadband. It will build on commercial investment already made or planned by the private sector.

Portland Advisers acted as financial adviser to the Welsh Government’s procurement team, providing advice from the early stages with soft market testing to the procurement itself where we were involved throughout by developing evaluation criteria and methodology, providing commercial input into the documents and assisting with all financial aspects of the competitive dialogue process.

An announcement by the Welsh Government regarding the EC decision approving the UK’s National Broadband schemes from November 2012 can be found here.

For further information contact Frauke at frauke.bialokoz@portlandadvisers.com or on +44 20 7183 8386.

By Nick Flitterman

Portland advises DADRE

Portland Advisers has been mandated by Kuwati investment company, Dar Al Dhabi Real Estate Co. KSCC, to undertake the financial modelling for the financing of the Dar Al-Dhabi Project including the iconic landmark development, ‘The Wings’, on Al Reem Island, Abu Dhabi. The Wings, a mixed use real estate project, was recently awarded at the prestigious CNBC Arabian Property Awards 2009. Further information on the project can be found by clicking here.

For further information, contact James Benbow at james.benbow@portlandadvisers.com
Portland Ranked Top Financial Advisor in 2016
European Telecom’s Deal of the Year award for O3b Networks
Portland in the Economist