Clifford Chance swept the board in sister title Infrastructure Investor’s annual awards, scooping three for law firm of the year across a number of regions.
The firm was named law firm of the year – Europe for the third year running, after advising on $13 billion of investment spanning 46 deals on the continent. Most notably it advised the Quad Gas Group on its 61 percent acquisition of the UK’s National Grid distribution business, valuing the assets at £13.8 billion ($16.8 million; € 15.8 million)
The London-based firm also had a busy year in Latin America, playing a large part in the country’s 4G toll road program. It advised on projects including the Costera Cartagena Barranquilla and Alto Magdalena projects, resulting in it winning law firm of the year in the region.
Clifford Chance also scooped the Middle East law firm of the year award for advising on deals in the region’s power sector. Among them was that between Samba Financial Group, National Commercial Bank and Banque Saudi Fransi on the 5 billion riyals ($1.33 million; €1.24 million) loan facility provided to the Saudi Electricity Company.
Mayer Brown was named law firm of the year, North America for its part in two headline deals, the $1.33 billion University of California, Merced 2020 public-private partnership and the $815 million SH288 toll road. The Asia-Pacific title went to Allens, which was active in most of the significant M&A deals in the market in 2016.
The global law firm of the year title went to Allen & Overy which raced ahead in terms of global deals. It advised on 122 transactions in total representing about $75 billion.
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