Hogan Lovells Scoops a Double Prize at Infrastructure Journal's 10th Annual Awards
05 April 2011
LONDON, 05 APRIL 2011 - Hogan Lovells has been handed the Legal Adviser of the Year 2010 award for Public-Private Partnership (PPP) at Infrastructure Journal’s 10th annual awards, which was held at London’s Natural History Museum on 31st March.
This award was largely for Hogan Lovells work on the US$1.5 billion Singapore Sports Hub project, and on the US$1.6 billion GSM-R Project - the first significant PPP contract signed in the French railway sector.
The Sports Hub, on which Hogan Lovells acted for the Singapore Government, is both the largest sports stadium and largest social infrastructure PPP transaction in Asia. It required integration of new buildings into an existing stadium, a diverse range of services, complex relationships between the various service providers and a payment mechanism which combines conventional availability/performance payments and significant third party revenues.
The GSM-R project is a design, build, finance, operate and maintain scheme on which we acted for Réseau Ferré de France, the French national rail infrastructure network provider. The project includes the development of a digital telecommunication network that will replace the current Train to Surface analogue radio communication system enabling rail traffic controllers and train conductors to communicate with each other.
The Sports Hub Deal also won the Infrastructure Journal's PPP Deal of the Year category. The Hogan Lovells team in Singapore was led by James Harris, and the team in Paris was led by Ludovic Babin.
Michael Matheou, infrastructure and project finance partner at Hogan Lovells, said:
"The fact that we were given this award for separate deals in Singapore and in Paris demonstrates the significance of the adoption of the public-private partnership model for delivering public infrastructure by different countries around the world, and our ability to follow that trend through our global infrastructure sector team."
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