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Financial services 2010 (2)

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Award levelHighly commended
Innovation7bn Nord Stream pipeline project finance
Originality6
Rationale7
Impact7
Total20
DescriptionUntangled cross-border regulatory issues and secured a gas transportation agreement with Gazprom to enable the largest project finance deal since the credit crisis, one that is strategically important for the EU’s oil supply

Financial services 2010

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Rankings at a glance
Award levelStand-out
InnovationShifting the centre of main interest (COMI) for Wind Hellas
Originality7
Rationale8
Impact7
Total22
DescriptionLargest-ever pre-pack administration in the UK, valued at €3.5bn ($4.8bn). Moved the COMI from Luxembourg to England to take advantage of more flexible insolvency laws