Sullivan's Project Development & Finance practice delivers solutions to its clients, whether by guiding them through complex financing or tax structures, drafting and negotiating project contracts, loan agreements, or credit enhancements, resolving regulatory obstacles, or allocating risk among project participants. Our project lawyers are known for their ability to integrate new technologies and innovative strategies into the traditional energy markets through creative financing arrangements and tax optimization. Our experienced team draws on one of the nation’s premier national tax and real estate practices, and our substantial regulatory, environmental, corporate and M&A expertise, to efficiently and effectively close complex financing transactions.

With offices in New York, Washington, D.C., Boston and London, our Project Development & Finance team can handle virtually any aspect of a domestic or international energy or infrastructure transaction. Our expertise includes public-private partnerships, acquisitions and divestitures (including privatizations), private equity offerings, debt offerings and restructurings, lease transactions, tax equity structuring and workouts. Our group has significant experience developing and financing power plants, gas pipelines, electric transmission, renewable energy, cogeneration, combined heating and power, waste-to-energy and hydroelectric projects, airports, LNG and petrochemical projects.

Representative Client Work

  • Represented developer in the project financing of a gas-to-liquid plant in Trinidad and Tobago, the first in the Western Hemisphere
  • Advised an equity investor in the development of a coastal port, including the expansion of several deepwater berths and associated docks and bulkheads, the addition of oil storage capacity and associated pipelines, and related infrastructure
  • Represented the Slovak Republic in an airport privatization
  • Represented a Colombian telephone company in debt restructuring
  • Represented Irish solar developer in the financing and sale-lease back of numerous solar facilities in the U.S.
  • Represented the financing subsidiary of a major utility in the $385 million project financing of a 440 MW generating facility in Mississippi
  • Represented an investment advisor in connection with potential debt financing of a 150-megawatt solar energy facility in California
  • Represented an investment management firm in its debt financing to fund the purchase of power for a US-based electric cooperative
  • Represented an equity investor in sale/leaseback of a thermal power facility in Cambridge, Massachusetts
  • Represented Dutch utilities in the sale-lease back of multiple generating and transmission assets
  • Advised on a $1.2 billion Peruvian toll road structured note financing
  • Advised the European Investment Bank on the A23 – Beira Interior shadow toll motorway
  • Advised the UK Ministry of Defence (MoD) on the financing of the UK strategic sealift project (MoD Project Award for “Best PFI Transaction”); the Future Strategic Tanker Aircraft project (the largest PFI defence project in the UK); and various MoD flight simulator PFI projects
  • Advising the developer on a power generation project in Eretria
  • Advising the developer and the financiers on a hospital project in Zambia
  • Advising the developer and the financiers on an airport project in Ghana
  • Advising the developer on a smelting project in South Africa

Key Contacts

Related Practices

Related Industries

View Energy Finance Report blog

Jump to Page