White & Case advises banks on third generation nuclear power plant

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White & Case announced in January that it had represented the China Development Bank and the Bank of China in two phases of the Taishan nuclear power project in Taishan, Guangdong province.

The firm initially represented the two banks as co-borrowers relating to a USD1.75 billion (RMB16.3 billion) financing to purchase equipment and technology for the nuclear power plant, which is to be built by Taishan Nuclear Power Company.

In the second phase, the firm represented the banks as co-arrangers in the structuring, negotiation and drafting of the financing documentation in connection with an RMB33.4 billion syndicated loan facility to finance the construction of the power project.

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