S&C Critical Insights – Project Finance and the Belt and Road Initiative: China Three GorgesJuly 11, 2019
In this episode, Jamie Logie talks to us about his recent work on China Three Gorges’s purchase of the Chaglla Hydroelectric plant in Latin America, highlighting some of the challenges that came with closing the deal in light of corruption investigations in Peru and the involvement of state-owned entities. He also discusses how the deal was ultimately pushed through, and the precedents it established for future international transactions.
Jamie Logie is a partner in Sullivan & Cromwell’s Hong Kong Office, and is the head of the Asia-Pacific Projects practice. Jamie has represented developers, borrowers, and lenders in a variety of fields, including energy, oil and gas, mining and metals, power and infrastructure. He has more than 30 years of experience and has consistently been recognized by both Chambers and The Legal 500 for his superb skill and legal expertise.
S&C's Project Development & Finance practice focuses on borrower/sponsor representations, which comprise more than 80 percent of its work. Through the Belt and Road Initiative, S&C has been helping Chinese sponsors invest in other countries, particularly in Latin America. China has become a major source of investments in Latin America and Sub-Saharan Africa, a trend that is expected only to increase. S&C uses its global perspective to help clients navigate the challenges of doing business in these complex jurisdictions, leveraging the capabilities and experience of our integrated network of lawyers worldwide.
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