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 has advised Tokai Carbon on the sale of its German subsidiary TOKAI ERFTCARBON GmbH
Multinational law firm Pinsent Masons has advised Tokai Carbon Co., Ltd. (“Tokai Carbon”) on the sale of its German subsidiary TOKAI ERFTCARBON GmbH (“TEG”), to Lenbach Equity Opportunities III. GmbH & Co. KG, which is exclusively advised by DUBAG Investment Advisory GmbH (“DUBAG”).
Pinsent Masons advises on Shackleton exit
Multinational law firm Pinsent Masons has advised the shareholders of independent financial advisory and wealth management firm Shackleton, including the private equity buy-and-build specialist Sovereign Capital Partners, on the exit to Lee Equity Partners.
Pinsent Masons named by The Times as a Top 50 Employer for Gender Equality
Multinational law firm Pinsent Masons has been announced by Business in the Community as one of The Times Top 50 Employers for Gender Equality in 2025. This year’s list marks the sixth time that the firm has been recognised for its commitment to embedding gender equality into all levels of the organisation.
People who viewed this press release also viewed
Show me all press releasesPinsent Masons has advised Tokai Carbon on the sale of its German subsidiary TOKAI ERFTCARBON GmbH
Multinational law firm Pinsent Masons has advised Tokai Carbon Co., Ltd. (“Tokai Carbon”) on the sale of its German subsidiary TOKAI ERFTCARBON GmbH (“TEG”), to Lenbach Equity Opportunities III. GmbH & Co. KG, which is exclusively advised by DUBAG Investment Advisory GmbH (“DUBAG”).
Pinsent Masons advises on Shackleton exit
Multinational law firm Pinsent Masons has advised the shareholders of independent financial advisory and wealth management firm Shackleton, including the private equity buy-and-build specialist Sovereign Capital Partners, on the exit to Lee Equity Partners.
Pinsent Masons named by The Times as a Top 50 Employer for Gender Equality
Multinational law firm Pinsent Masons has been announced by Business in the Community as one of The Times Top 50 Employers for Gender Equality in 2025. This year’s list marks the sixth time that the firm has been recognised for its commitment to embedding gender equality into all levels of the organisation.
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]