Baker & McKenzie and Allen & Overy have helped Thai power producer Gulf JP NS Co. Ltd. secure $1.2 billion in financing for the construction of a natural gas power plant.
The project, located in the Nong Saeng district, 120 kilometers north of Bangkok, is expected to cost a total of $1.6 billion. Gulf JP, which is 90-percent owned by Japanese power supplier Electric Power Development Co. Ltd., will develop, own, and operate the plant, which is expected to come online in 2014.
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