Milbank has strengthened its energy and project finance team with the addition of a Latham & Watkins partner in London. Matthew Brown, who was previously an associate with Herbert Smith Freehills and Allen & Overy, joins Milbank from Latham & Watkins, where he spent over 16 years working across the firm’s Africa, India, oil & gas, power, mining & metals, and islamic finance practices.
Is it Milbank’s latest U.K. addition after hiring an antitrust partner in December and luring Shearman & Sterling’s EMEA capital markets head last year.
Brown’s experience varies from advising clients in the oil and gas sector on their commercial and financing needs, to running an established shipping practice in which he advises vessel owner and lender clients on financing and development matters.
He also has particular expertise regarding matters of energy transition. Most notably, he led a landmark $1.6 billion financing package for Northvolt supporting the creation of Europe’s first home-grown Gigafactory for lithium-ion batteries.
Speaking about the move, Dan Bartfeld, the chair of Milbank’s global project, energy and infrastructure finance group, described the current period as “an evolutionary time of change for the entire energy industry,” and said “his [Brown’s] expertise on energy transition matters is more important now than ever before as we witness a surge of development and investment activity across the entire energy transition value chain.”
Latham & Watkins did not respond to requests for comment by the time of publication.
The move comes amidst a recent spate of lateral hires across the London legal industry. The past couple weeks has seen Eversheds Sutherland hire white collar partner Anupreet Amole from Brown Rudnick, White & Case gain finance partner Monica Barton from Winston & Strawn and the transfer of the whole BDB Pitmans pensions team to Osborne Clarke.