Latham Advised on Leading APAC Energy and Infrastructure Deals

Latham & Watkins was recognized for its role in shaping landmark transactions across the Asia-Pacific energy and infrastructure sector at the IJGlobal ESG and Investor Awards APAC 2025. The deals collectively won five major awards, highlighting Latham’s ability to deliver strategic legal guidance on market-shaping deals in the industry.

An international judging committee of established professionals in the energy and infrastructure sector reviewed submissions to select the award-winning deals.

IJGlobal recognized the following standout transactions:

• Meralco’s Sale of 40% Stake in Terra Solar Project — Latham advised Manila Electric Company (Meralco) and its subsidiary, Solar Philippines New Energy Corporation, on its strategic partnership with Actis, a leading global investor in sustainable infrastructure. Meralco’s sale of a 40% stake in the Terra Solar Project, a US$3.5 billion project poised to be the world’s largest integrated renewables and energy storage project, represents the largest foreign direct investment for a greenfield infrastructure project in the Philippines.
  • IJGlobal Investor Market Impact Award
  • IJGlobal ESG Solar Deal of the Year
• Muara Laboh Geothermal Plant Phase 2 — Latham acted as lead counsel to JBIC, NEXI, Asian Development Bank and commercial bank lenders on the expansion of the Muara Laboh geothermal power project in West Sumatra, Indonesia, a priority energy transition project under the Asia Zero Emission Community framework.
  • IJGlobal ESG Brownfield Deal of the Year
  • IJGlobal ESG Geothermal Energy Deal of the Year
• ib vogt Southeast Asia Solar PV Portfolio Mezzanine Loan 2025 — Latham advised ib vogt, a utility-scale solar development platform, in connection with a US$80 million holdco financing. The proceeds of the loan will be used to help deliver on the company’s APAC pipeline of renewable energy projects in countries like the Philippines, Malaysia, and Indonesia, and other eligible geographies in Southeast Asia.
  • IJGlobal Investor Solar Deal of the Year