Energy Risk Deals of the Year 2012: BAML's LNG deal with Gate

BAML facilitates Dutch Gate LNG terminal commissioning

Energy Risk - Deals of the Year 2012

Last year Bank of America Merrill Lynch (BAML) became the first global investment bank to facilitate commissioning of an LNG plant, structuring a transaction involving liquified natural gas (LNG) supply, hedging and gas send out for the new Gate terminal in the Netherlands. The facility, the first regasification terminal in the Netherlands, became fully operational in early September 2011. BAML managed the commissioning process over a three-month ‘cool down’ and testing perio