MoFo Advises Altera Infrastructure in Relation to Private Placement Financing for Baleine Phase 3 Project and Continued Partnership with Eni

Morrison Foerster (“MoFo”) has advised Altera Infrastructure (“Altera”) in relation to its strategic partnership with Eni through the execution of the principal agreements for the supply of a newbuild floating production storage and offloading vessel to the Baleine Phase 3 development offshore Côte d’Ivoire.

MoFo advised on the financing elements of the project, described by Altera as “the largest and most complex financing in the company’s history, securing long-term committed funding from leading international institutional investors.”

The MoFo team was led by Capital Markets partner Scott Ashton and associate Amelia Cheng.

Read Altera Infrastructure’s press release.