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Wilmington Trust honored for project finance work

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Infrastructure Investor has recognized Wilmington Trust as the “Global Corporate Trust Services Provider of the Year.”

In 2018, Wilmington Trust’s project finance team worked on nearly 70 deals. The projects ranged in size from $20 million to $1.5 billion, spanning conventional power supply, renewables, midstream oil and gas, infrastructure and telecom (data center and cell towers).

“Being recognized by our industry peers is a testament to our quality service and growth within the project finance space,” said Will Marder, project finance product leader for Wilmington Trust’s Global Capital Markets division. “While we have a long history of providing trust and agency services for project finance transactions, our team experienced significant growth in 2018, driven by a renewed focus on emerging client segments and our continuing commitment to the marketplace and serving our clients.”

The magazine selected winners based on online polling conducted during December 2018 and January 2019.

“Receiving this award is a gratifying way to start 2019, and we’re not going to rest on our laurels,” said Doug Lavelle, Wilmington Trust’s project finance sales leader. “We will continue to grow our project finance business in the U.S. and internationally as a truly independent third-party agent and bank, allowing us to serve in a variety of roles across complex multi-tranche transactions.”

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