June 6, 2017
The Asset named AP Renewables’ $US225 million climate bond as the Renewable Energy Deal of the Year at its Asset Triple A Asia Infrastructure Awards 2017. The matter also won awards in the following categories:
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 who was assisted by counsel Cristina Uy-Tioco. The winners were announced on June 6, 2017.