Project Finance and Infrastructure
We bring value to our clients in the following ways:
- Global reach and perspective: With lawyers in offices across the U.S., Europe and Asia, we are well positioned to advise clients in the development, construction, financing, sale and acquisition of large-scale global projects. Several of our lawyers are native Spanish speakers and have active practices in Latin America, bringing in-depth knowledge of the region. Our close relationships with local counsel in key jurisdictions where we do not have an office have enabled us to assist on ground-breaking transactions in emerging markets, such as Mongolia.
- Diversified practice areas: Leveraging the firm’s vast network of lawyers, we offer tailored advice spanning multiple legal disciplines. This includes global finance, international trade and arbitration, corporate reorganization and bankruptcy, regulatory, tax, environmental law and real estate. In addition, we regularly collaborate with the lawyers in our M&A and technology and IP practices to structure joint ventures and private equity transactions in connection with a variety of infrastructure projects.
- Integrated service capabilities: Our experience representing major institutional investors, banks and project developers allows us to offer our clients market-leading insight into compliance concerns and project risks, as well as the advantages of each form of financing. We negotiate and document all aspects of engineering, procurement and construction contracts, equipment supply contracts and off-take contracts. This includes handling agreements related to fuel transportation and supply, water, operations and maintenance, transmission and interconnection, land use, and debt and equity financing.
Recognition for the practice
Strong leadership in advising clients has earned us acknowledgment from numerous industry publications. This includes receiving a first-tier national ranking in Project Finance Law in the 2016 U.S. News – Best Lawyers® “Best Law Firms” Survey. Our lawyers are frequently ranked among The Best Lawyers in America®, and are recognized as industry leaders by Chambers Global and Chambers USA, The Legal 500, IFLR1000 and Who’s Who Legal. According to Chambers USA 2016, members of our team are “well regarded for … developing power and oil and gas projects,” with clients saying that our lawyers have “a wealth of knowledge on these transactions” and “a comprehensive approach.”
We have also been recognized for our global reach, including in Chambers Global 2016, which said of our work in Mongolia: “The firm pools expertise from Singapore, China, the UK and the USA to assist various clients with project development, M&A, financings, litigation and arbitration. … The lawyers have impressed market sources, who note that they ‘know their priorities’ and have been ‘highly efficient in terms of delivering and responding to any issues raised.’”
In addition, Chambers USA 2015 described our team as an “esteemed group in the Latin American market” with “strong offerings throughout Central America and the Caribbean.”
We have advised on numerous projects in the region as well as around the globe including infrastructure, energy, power (fossil fuel), alternative generation (including wind, photovoltaic and concentrated solar power, biomass and geothermal), transmission, oil and gas pipelines, biofuels (including biodiesel, renewable diesel and ethanol), gas-to-liquids, petrochemicals, metals & mining, transportation and telecommunications. The firm regularly represents and advises project sponsors, senior and subordinated lenders, equity investors, construction contractors and service providers (such as fuel suppliers and transporters and operation and maintenance providers in project development, financing acquisitions and dispositions and restructurings). Our lawyers have extensive experience in addressing the needs of different project participants and are adept at crafting solutions that meet the commercial objectives of the key stakeholders.
Lawyers in our project finance team have worked on significant transactions that have been named “Deals of the Year” and are ranked as leading individuals in the well-regarded legal directories such as Asia Pacific Legal 500 and Chambers Asia Pacific.
Sidley lawyers counsel and advise on a broad range of project finance matters. We regularly negotiate and document the various contractual arrangements among project participants including the key delivery contracts (such as engineering procurement and construction (EPC) contracts, design & construction contracts, early works agreements, project management/implementation agreements and FIDIC-based construction contracts), concession agreements, off-take contracts, fuel supply agreements, fuel transportation agreements, water supply agreements, operating and maintenance agreements, transmission and inter-connection agreements, utility, water and transportation agreements, real estate and land use agreements, as well as the relevant debt and equity financing documents and arrangements.