Peace | Crowell acted as lead counsel to the borrower and host country developer in the $24.4 billion financing of the U.A.E. new-build nuclear power project. The deal represents many first-of-a-kind transaction features, including the first hybrid sovereign/project financing structure for a new-build nuclear power station, K-Exim’s largest single loan exposure to date, one of the largest joint venture transactions underpinning a contemporary new nuclear program, and a power purchase agreement securing a nominal revenue stream of nearly $300 billion over its term, making it one of the single largest commercial contracts in history. Read more at http://www.reuters.com/article/emirates-nuclear-southkorea-idUSL8N1CQ5HB