Hogan Lovells advised General Electric (“GE“) on the financing and equity aspects of a US$122 million 50MW wind farm in Salkhit, Mongolia, the first renewable energy independent power project in Mongolia (more…)
The London, Beijing and Sydney offices of international legal practice Norton Rose Group have advised the European Bank for Reconstruction and Development (EBRD) and the Netherlands Development Finance Company (FMO) on their US$85 million debt financing of Mongolia’s first renewable energy independent power project. The project reached financial close on 17 July 2012 (more…)
Hogan Lovells has advised Goldman Sachs Group Inc. on the Mongolian aspects of their purchase of a 4.8% equity stake in the Trade & Development Bank of Mongolia LLC (more…)
Minter Ellison announced today that it has opened an office in Ulaanbaatar, Mongolia. In making the announcement, Chief Executive Partner, John Weber, said the partnership had voted overwhelmingly in favour of the decision, acknowledging the importance of having a presence on the ground in this rapidly emerging economy (more…)
Mongolia. The name itself conjures up images of warrior horse-lords, high-end cashmere, vast expanses of steppe, endless “ceremonial” toasts of vodka and fermented mare’s milk, and the legendary Genghis Khan (who, in my mind’s eye, looks a bit like Jason Momoa in HBO’s Game of Thrones). OK, maybe I’m the only one who thinks of [...]
Mayer Brown JSM is pleased to announce that it advised XacBank LLC, one of Mongolia’s leading commercial banks and the pre-eminent provider of microfinance and community lending services in Mongolia, in connection with the establishment of its US$300 million Euro Medium Term Note Programme (more…)
Leading international law firm Milbank, Tweed, Hadley and McCloy LLP has advised Mongolian Mining Corp. (MMC) on its acquisition of QGX Coal from Kerry Mining in a transaction that could see MMC paying as much as US$950 million if the mine hits certain targets, making it Mongolia’s largest mining acquisition (more…)
Davis Polk is advising Quincunx (BVI) Ltd., an affiliate of Kerry Mining, as seller in connection with its auction of QGX Coal Ltd., which holds mining rights to the Baruun Naran Coal Mine in Mongolia, and the eventual sale of QGX Coal Ltd. to Mongolian Coal Corporation, a subsidiary of Hong Kong-listed Mongolian Mining Corporation (more…)
DLA Piper is pleased to announce the signing of an agreement with C&G Partners LLC (“C&G”) in Mongolia which will see them become a DLA Piper Focus Firm (more…)
Allens Arthur Robinson (Allens) has advised leading international mining group and long-standing client Rio Tinto on an agreement to assume direct management of the valuable Oyu Tolgoi copper-gold project in Mongolia (more…)
International law firm Milbank, Tweed, Hadley & McCloy LLP advised Mongolian Mining Corp., the country’s biggest coking coal producer, on its approximately US$650 million initial public offering in Hong Kong. The IPO is the first listing by a Mongolian owned company in Hong Kong and one of the biggest IPOs in Hong Kong this year. Citigroup and JP Morgan Chase were the underwriters (more…)
