BBVA Corporate & Investment Banking has received seven "Deals of the Year" awards for Trade Finance transactions closed in 2014.

The specialized publications Trade Finance Magazine, Global Trade Review (GTR), Trade & Forfaiting Review (TFR) and Trade & Export Finance (TXF) have awarded "Deals of the Year" to three energy projects driven by BBVA: Star Refinery, Cameron LNG and Freeport LNG.
BBVA played a decisive role in all these initiatives. In the first deal BBVA acted as Agent and Mandated Lead Arranger (MLA), in the second case it acted as Joint Lead Arranger, while in Freeport LNG BBVA took part as Joint Lead Arranger, Bookrunner, Co-structuring Lead and Documentation Agent.
The Star Refinery project involves the construction of an oil refinery complex in the Turkish region of Izmir with a daily capacity of 214,000 barrels of crude and an estimated project cost of $5.5 billion. This deal was awarded the prize for the best transaction of the year 2014 by the four publications for being the largest foreign investment in a single region in Turkey and for contributing to reducing the country's dependence on petrochemical imports.
Cameron LNG is a project that envisages the construction of LNG (liquefied natural gas) facilities with three liquefaction trains in the United States, with an estimated cost of more than $10 billion. The project was awarded the "Deal of the Year" prize by Trade Finance Magazine and recognized with the award for the best Project Finance deal by TXF magazine.
Lastly, Freeport LNG is an initiative for the construction of a second liquefaction train for the Freeport LNG facilities. The project for the installation of the two trains is located in Texas and the estimated cost is over $5.2 million. This initiative has also received recognition from Trade Finance Magazine.
GTR uses the following criteria, among others, to choose its winners: the amount lent, the structure's complexity and market risk. TFR has highlighted the deal's structure, as well as the strategy or context, while the Trade Finance Magazine awards honor the most innovative transactions in an adverse environment.