Ropes & Gray, a prestigious law firm, has been nominated for the esteemed Finance Team of the Year award at the highly respected Lawyer Awards. The nomination is in recognition of the firm’s exceptional efforts in providing counsel to AtlasEdge, a leading pan-European Edge data centre provider, on a ground-breaking €725 million loan financing deal with a focus on sustainability.
The innovative financing arrangement, which combined standard digital infrastructure and LBO cash flow-based financing terms, comprised of €525 million in committed debt facilities and an additional €200 million of uncommitted accordion. Notably, the financing also included sustainability-linked objectives centred on efficiency and the use of renewable energy, fully supporting AtlasEdge’s commitment to creating a sustainable digital society.
A dedicated team led by finance partner, Alex Robb, and supported by dedicated associates, such as Sean Darling, Chad Parkinson, Kahill Sarronwala, Edward Olsen, trainees Miles Harrison, and Alexandra Street, played a pivotal role in ensuring the success of this landmark deal. The team also included various other members across different legal specializations, highlighting the multidisciplinary nature of the collaboration.
The Lawyer Awards stands as a hallmark for the legal community in the UK, recognising outstanding legal practitioners and leading firms across various sectors. The winners of the awards are scheduled to be announced in June 2024, providing a platform to celebrate legal excellence in the industry.
Furthermore, Ropes & Gray encourages clients and industry professionals to remain informed about legal developments, court decisions, and regulatory changes through their timely analysis. The firm regularly keeps their clients up to date with newsletters, webinars, and teleconferences, striving to provide comprehensive insights for informed decision-making.
In conclusion, Ropes & Gray’s nomination at the Lawyer Awards is a testament to the firm’s commitment to excellence and innovative legal solutions. Their dedication to providing top-tier legal counsel and staying ahead of industry developments further solidifies their position as a leading legal firm in the UK.