Investec Bank PLC’s Power and Infrastructure Finance team (“Investec”) was awarded Conventional Power Lead Arranger of the Year in the 17th annual Power Finance & Risk (“PFR”) awards, which celebrate the most impressive renewable energy and power project sponsors, lenders, advisers, investors and deals.
Power deals arranged by Investec in 2019 include the $330m financing of a Gas-Fired Power Plant (Sole Bookrunner and Sole Lead Arranger) and the $565m financing of a Dual-Fuel Power Plant (Sole Bookrunner and Sole Lead Arranger).
Investec’s Ralph Cho commented: “This award is recognition of the outstanding work carried out by the Investec team last year, against a challenging and ever-changing economic backdrop. We’re proud to have helped arrange $1.4bn of transactions in 2020 to date, and will continue to support our clients as they adapt to the challenges and opportunities in fast-changing operating environment.”
Investec’s Michael Pantelogianis commented: “We have invested significant resources to position our firm to deliver good quality financings for our clients in this very competitive space. PFR’s recognition confirms our relevance in the US power sector.”
Richard Metcalf, Editor of PFR, commented: "I congratulate all of the winners on their well-deserved accolades. I firmly believe our awards research this year was the most thorough ever attempted in the industry, and all of the winners should be especially proud to come out on top in such a rigorous process.”
For further information please contact:
Luke O’Mahony, Investec (Public Relations)
020 7597 5261
Investec partners with private, institutional and corporate clients to offer international banking, investments and wealth management services in two principal markets: South Africa and the UK, as well as certain other countries. The group was established in 1974 and currently has approximately 8,300 employees. In 2002, Investec implemented a dual listed company structure with listings on the London and Johannesburg Stock Exchanges. In March 2020, the Asset Management business was demerged and separately listed as Ninety One.
This press release is issued on behalf of Investec Bank plc. Registered address: 30 Gresham Street, London, EC2V 7QP. (Reg No. 489604).
Investec Bank plc (Reg. no. 489604) is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.