AP Renewables’ $US225 Million Climate Bond Named Asia Pacific Bond Deal of the Year

December 29, 2016

Project Finance International named AP Renewables’ $US225 million climate bond as the Asia Pacific Bond Deal of the Year at its annual PFI Awards.  Gibson Dunn represented AP Renewables as issuer, in what was the first climate bond issued for a single project in an emerging market.  The bond was issued in connection with the refinancing of the Tiwi-Makban geothermal plant.  The Gibson Dunn team was led by Hong Kong partner Patricia Tan Openshaw.