Ashurst Strengthens Project Finance Offering With Partner Hire

International law firm Ashurst announces the appointment of Alfred Ng as a partner in its project finance practice, based in Singapore.

Alfred joins from Shearman & Sterling and has significant experience in advising on project finance transactions in sectors including power, infrastructure, oil & gas and petrochemicals projects, particularly in the Southeast Asia and South Asia region. Alfred has a strong market reputation and is frequently recognised by industry awards.

Singapore office managing partner Rob Palmer says:

“We anticipate significant infrastructure opportunities across Southeast Asia for at least the next decade. The firm is growing its team and investing resources to develop a hub in Singapore to work across the region and beyond. We are confident that Alfred will play a key role in further developing our project finance capability.”

Global head of Finance, Funds and Restructuring Jamie Ng adds:

“Our project finance team has had a very successful year advising on many of the region’s most prominent transactions. ‎Alfred has a solid reputation in the market and strong relationships with many institutions active in the market in the region, and he will work closely with our existing team to capitalise further on market opportunities.”

Alfred comments:

“Ashurst has an excellent project development and finance team, particularly in the region, with extensive experience advising both project sponsors and lenders on landmark transactions in Southeast Asia and Australia. I am excited to be joining a top-rated firm and to be working with the team to contribute to the further growth of the practice.”

Ashurst’s project finance practice is highly recognised for its excellence and innovation in advising highly-complex cross border deals. Most recently, the team was awarded Project Finance Deal of the Year 2018 by Asian Legal Business for its role advising China Development Bank’s US$ 4.5 billion financing of the Jakarta-Bandung High Speed Rail in Indonesia, the largest ever infrastructure project in Indonesian history and the first high speed railway project in Indonesia.

Source:  www.ashurst.com