34
infrastructure
investor
may
2014
BANKING AWARDS FOR EXCELLENCE 2013
Recognition for the innovators
Our first ever banking awards helped us to appreciate the effort and sophistication
that is moulding the infrastructure financing market of the future
Listed right you will find the 10 win-
ning deals in the inaugural
Infra-
structure Investor
Banking Awards for
Excellence in 2013 and, on the pages
that follow, you will find reasons why
each of these deals triumphed in their
respective categories.
At
Infrastructure Investor
, we decided
it was important to recognise the con-
tribution of the banks to the infrastruc-
ture asset class. To some, itmight seem
counter-intuitive to do so at this point
in time. After all, we are frequently told
that the future of long-term infrastruc-
ture finance lies not in the hands of
bankers but institutional investors.
There is some truth to this. It is
clear that many banks have departed
the scene in the wake of the Crisis
and that those which remain are
more inclined to provide shorter-term
finance. But it’s equally true that, in an
evolvingmarket such as this, the banks
have a crucial role to play in helping to
shape the market of the future.
Indeed, if our winners have a
common denominator, it’s that they
all offer some kind of innovation that
makes doing deals in the brave new
post-Crisis world just a little easier for
others who will follow their lead.
The results were arrived at after
we invited the banking community
to make submissions over a period
of several months. Thank you to eve-
ryone who participated. Our thanks
also go to Gershon Cohen, Geoff
Haley and Chris Shawyer (see “judg-
ing panel” on this page) who brought
their expert insights and opinions
to bear in determining the merits of
each submission.
n
CATEGORY
NAME OF TRANSACTION
NOMINATED BY
European energy
Castor Gas Storage
Natixis
European transport
L2 Bypass
Credit Agricole
European social infrastructure
Zaanstad Penitentiary
ING
European long-term financing
University of Hertfordshire
Student Accommodation
RBC Capital Markets
North American energy
NET Mexico Pipeline Partners
BBVA
North American transport
North Tarrant Express Seg-
ments 3A and 3B
Taylor-DeJongh
North American social infrastructure
Ontario Driver Examination
Services
Bank of Montreal/Toronto-
Dominion Bank
Middle Eastern/African energy
REIPPP Round 2
Nedbank Capital
Latin American energy
Generadora Electrica San
Rafael
Taylor Freres Americas
Australian/New Zealand transport
Queensland New Generation
Rollingstock
Macquarie Capital
THE WINNERS
THE JUDGING PANEL
GERSHONCOHEN
is managing director and fund principal at ScottishWidows Investment
Partnership, where he heads an infrastructure funds platform with $1.4bn in institutional
funds under management. He is fund principal of three greenfield infrastructure funds
focused on the UK, Europe, US and Australia, and chairman of the advisory committee of
a brownfield UK/European infrastructure fund and led the capital raising of all four funds.
GEOFF HALEY
is the founder and chairman of the International Project Finance Association
(IPFA), the largest independent not-for-profit project finance trade association in the world.
Originally a construction lawyer, he has specialised in project finance and public-private
partnerships since 1985. He has specialist experience in large and complex projects in
transportation, energy, water treatment, healthcare and education.
CHRIS SHAWYER
is now retired but was head of loan syndications for Norddeutsche
Landesbank’s (NORD LB) project finance activities in Europe from 2008 to 2013. This
covered transactions in renewable energy (onshore and offshore wind and solar PV) and
infrastructure (social infrastructure, other PFI/PPP transactions and waste). Prior to this
he was with Lloyds Bank Group since 1982 and was the managing director and head of
Lloyds’ capital markets activities.
ANDY THOMSON
is the senior editor of infrastructure, having joined PEI in October 2003.
He plays a leading role in the development of PEI’s print and online publications, including
Infrastructure Investor
magazine and the
InfrastructureInvestor.com
website. He was
previously editor of
Private Equity International
.
