© Leaders League
Ashurst has opened an office in Los Angeles in an effort to capitalize on project finance work in the US transport and social infrastructure sectors.
The managing partner of the office will be Anna Hermelin.
Hermelin’s expertise includes the structuring, financing and development of transport and infrastructure projects. She has extensive experience advising on infrastructure and energy projects across all asset classes including utilities, social infrastructure, rail, airports and roads, with particular experience in public-private partnerships.
Her clients include government authorities and procuring agencies, sponsors and lenders (including export credit agencies and multilaterals).
Earlier in her career, she worked as a secondee in the legal department of The Export-Import Bank of Korea, and as senior in-house legal counsel for Sindicatum Sustainable Resources, a developer, owner and operator of clean energy projects.
Lee McDonald, co-head of Ashurst's global projects and real estate division, said: "Our global projects team has witnessed a period of outstanding growth recently and we have consolidated and built upon that this year. We continue to invest heavily in our US capability, having recently hired Betty Cerini, Matthew Tague and Andrés Arnaldos Montaner. We have a great breadth of sector knowledge, an impressive track record of advising on highly complex mandates and practitioners who operate at the very forefront of the US market."
Global managing partner Paul Jenkins said: “We are very serious about our goal to become one of the world's leading projects, project finance and infrastructure firms. Our US offering continues to perform exceptionally well and opening our office in LA is another step towards achieving those ambitions.”
Meanwhile, Hermelin commented: "Building on the success and growth of the firm's work on West Coast projects, opening an office in LA will allow us to capitalise further on significant market opportunities and ensure we deliver the best possible service to our clients. This is an exciting move for our people and our clients."