Pinsent Masons advises on landmark 'One Belt One Road' project
23 Dec 2015 | 09:39 am |
International law firm Pinsent Masons has advised on one of the first projects to be financed under China’s ‘One Belt One Road’ initiative - Thar Block II coal mine in Pakistan and two associated 330-megawatt power plants.
The firm worked with the two project companies, the mine company (a joint venture of the Government of Sindh, Engro Corporation, various Pakistan and Chinese investors and China Machinery Engineering Corporation) and the Power company (a joint venture of Engro, CMEC and a Pakistan investor).
Funded as part of the China Pakistan Economic Cooperation’s $46 billion investment programme, the deal is CMEC’s first major overseas investment project.
The two financings comprise a mix of Chinese credit from Sinosure with additional conventional and Islamic Pakistan rupee tranches.
The team at Pinsent Masons was led by a cross border team working from Beijing, Hong Kong, Singapore and Dubai.
One of the lead partners advising on the deal, David Platt, commented: “This is genuinely a trailblazing project for China's energy and infrastructure industries. We look forward to continuing to work with Chinese businesses and their partners as the One Belt One Road initiative develops.”
Key Contacts
Latest press releases
Show me all press releasesPinsent Masons advises University of Manchester on landmark student accommodation redevelopment
Multinational law firm Pinsent Masons has advised The University of Manchester on the largest student accommodation design, build, finance and operate (DBFO) project ever undertaken by a UK university.
Pinsent Masons advises EDF power solutions and ESB on strategic partnership with Sumitomo Corporation in Gwynt Glas Offshore Wind Farm
Multinational law firm Pinsent Masons has advised EDF power solutions and ESB on the sale of a one-third interest in the Gwynt Glas Offshore Wind Farm to Sumitomo Corporation, marking an important milestone in the development of one of the UK's most significant floating offshore wind projects.
Pinsent Masons advises Levy Merchandising on its first National Team Partnership
Multinational law firm Pinsent Masons has advised sports merchandising and athleisure-wear company Levy Merchandising on a landmark technical partnership and retail outsourcing agreement with the Football Association of Wales.
People who viewed this press release also viewed
Show me all press releasesPinsent Masons advises University of Manchester on landmark student accommodation redevelopment
Multinational law firm Pinsent Masons has advised The University of Manchester on the largest student accommodation design, build, finance and operate (DBFO) project ever undertaken by a UK university.
Pinsent Masons advises EDF power solutions and ESB on strategic partnership with Sumitomo Corporation in Gwynt Glas Offshore Wind Farm
Multinational law firm Pinsent Masons has advised EDF power solutions and ESB on the sale of a one-third interest in the Gwynt Glas Offshore Wind Farm to Sumitomo Corporation, marking an important milestone in the development of one of the UK's most significant floating offshore wind projects.
Pinsent Masons advises Levy Merchandising on its first National Team Partnership
Multinational law firm Pinsent Masons has advised sports merchandising and athleisure-wear company Levy Merchandising on a landmark technical partnership and retail outsourcing agreement with the Football Association of Wales.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on
Location contacts
Europe: [email protected]
Asia: [email protected]
Middle East: [email protected]
Australia: [email protected]