PFI Deal of the Year 2023
Project Finance International honored Kirkland & Ellis with the “Americas Deal of the Year” as part of its annual PFI Awards. Kirkland was recognized for its representation of Global Infrastructure Partners on its investment in RIO Grande LNG, a joint venture with TotalEnergies (NYSE: TTE), NextDecade, GIC and Mubadala Investment Company. RIO Grande LNG will own and operate the first three liquefaction trains and related common facilities (Phase 1) of the multi-plant integrated natural gas and liquefaction and liquefied natural gas export terminal facility to be at the Port of Brownsville in southern Texas. The $18.4 billion project financing for Phase 1 is the largest greenfield energy project financing in U.S. history and underscores the critical role that LNG and natural gas will continue to play in the global energy transition.