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17 December 2012: Niederer Kraft & Frey advised China Development Bank on a project financing


17.12.2012

17 December 2012: Niederer Kraft & Frey advised China Development Bank on a project financing

Niederer Kraft & Frey advised China Development Bank on its EUR350 million project financing of a mine mouth coal-fired power plant in Stanari, Bosnia and Herzegovina. This was the first ever project financing led by a Chinese bank in Europe. The transaction involved one of the largest independent power projects (300 MW plant) in the region. Also, it is the first large scale power project to be constructed by Chinese contractors in Europe.

The NKF Team was led by Marco Häusermann, assisted by Arie Gerszt.