Two projects, managed by the Paris and Bucharest teams, have received the “Deal of the Year 2012” award from Project Finance Magazine, a major British international law publication.

The European Social Infrastructure Deal of the Year was awarded to the partnership contract for the creation of the new Paris courthouse. The partnership contract signed by the company Arelia and the EPPJP (Paris courthouse public finance institution) was designed to bring all Paris Courthouse services to the Batignolles development zone, which are currently located in the Ile de la cite (historic center of Paris) and scattered over other sites in Paris. Salans Paris represented the lenders, with Marc Fornacciari, Dorothée Griveaux in public law, and Jean-Marc Allix, and David Kalfon in finance.

The European Onshore Wind Deal of the Year was awarded for a contract for the construction of a wind farm in southeast Romania. Salans advised The Marguerite Fund and EnerCap Power Fund in their acquisition of 50% and 30% stakes, respectively. The project comprises 32 Nordex N90/2500 2.5MW wind turbines for a total installed capacity of 80MW and is located between the municipalities of Chirnogeni and Independenta, in the county of Constanta. Salans Bucharest represented the investors, with Christopher Berlew, partner.

These awards are given for the operation of the year in each sector. A panel of specialized independent journalists has selected the deal which is the most innovative, least risky, uses the best good practices and is most quickly executed.

These awards are a recognition of the work accomplished by Salans in both Paris and Eastern Europe, and confirm our growing visibility in the project finance sector.