CNPLaw advised Beijing Enterprises Water Group Limited on corporate guarantee for BEWG-USH NEWater Plant

Deals and cases

 

CNPLaw advised Beijing Enterprises Water Group Limited on corporate guarantee for BEWG-USH NEWater Plant


Date Published: 19 February 2019


The Team Advising On The Corporate Guarantee: Bill Jamieson and Tang Zi Yang.




 

CNPLaw LLP, formerly known as Colin Ng & Partners LLP advised Beijing Enterprises Water Group Limited (“BEWG”) on a corporate guarantee by members of the UEEV group of companies in relation to a project financing by MUFG Bank, Ltd. Singapore Branch and Oversea-Chinese Banking Corporation Limited of approximately S$95 million for the BEWG-UESH NEWater Plant. PUB, Singapore’s National Water Agency, awarded the Design-Build-Own-Operate (DBOO) contract for the NEWater plant to BEWGI-UE NEWater (S) Pte Ltd, a joint venture between BEWG International Pte Ltd, a subsidiary of BEWG, and UES Holdings Pte Ltd, as a public-private partnership.

Sited on top of the Changi Water Reclamation Plant, the BEWG-UESH NEWater Plant has a capacity of 228,000m3 or 50 million gallons a day. Together with four other existing facilities, the new plant provides enough NEWater capacity to meet up to 40% of Singapore’s total daily water demand. The BEWG-UESH NEWater Plant was awarded Water Deal of the Year in 2016 at the Global Water Awards organised by Global Water Intelligence.

 

CNPLaw’s Banking and Finance Lawyer

Bill Jamieson is a Partner at CNPLaw LLP. Bill is an English lawyer who is also registered to practise Singapore law in the areas of corporate law, banking and finance and securities laws. He enjoys working in the diverse and dynamic Asian market and helping his clients to achieve their goals.
Partner

    Bill’s practice focuses on corporate financing transactions, investment funds, mergers and acquisitions, private equity and employment law matters. His experience includes 10 years in the City of London and over 20 years in Asia. Before joining CNP, Bill was a partner in a well-known international law firm. He is recommended lawyer for Corporate and M&A, Banking and Finance, Investment Funds and Labour and Employment in Legal 500 Asia Pacific 2020. Bill is one of the firm’s contacts for Interlaw, a network of independent full-service corporate law firms ranked by Chambers and Partners in its highest category, “Elite”, amongst all global law firm networks.



    The lawyers from the Banking & Finance Practice Group (BFPG) have always taken pride in providing a comprehensive range of banking and finance services to our clients, including domestic and foreign international banks, other financial institutions as well as non-bank lenders and borrowers, and foreign legal firms acting for parties outside Singapore.

    Our banking & finance practice covers the whole spectrum of domestic and international banking & financing work, including restructurings, financings and financial institutions advisory work. We can draw upon a broad base of partners, senior, mid-level and junior associates, all with strong and varied banking & finance product line and country experience.

    Our reach is further widened and enhanced by our ability to draw upon the resources of our network of correspondent firms in the region and globally.





      Practice Area: Banking and Finance