Clifford Chance (CC), Allen & Overy (A&O) and Linklaters have ridden the wave of surging infrastructure investment in 2006 to dominate the top end of the global project finance market.

Research by Infrastructure Journal shows the three City firms dominating the global rankings for project finance in 2006, with first-placed CC closing 34 deals with a combined value of $43.9bn (£22.3bn).

Linklaters is in second place, advising on deals worth $29.4bn (£14.9bn), with A&O