Vedder Price provides comprehensive legal advice in connection with financing and development of infrastructure projects in the transportation, sea ports, energy and heavy industry, chemical and refinery sectors—in markets around the globe.
You can expect to work with highly knowledgeable, service-oriented teams with market, finance and development experience relevant to your particular needs.
Deep infrastructure development and finance credentials. We represent lenders, multilateral institutions, governmental entities, investors, sponsors and borrowers in connection with nonrecourse and limited-recourse project financings utilizing various combinations of bank debt, bonds, equity, mezzanine debt, credit support and indirect financing via private equity capital call facilities.
In addition, our attorneys represent developers, contractors, operators, offtakers and suppliers in all stages of the development and implementation of infrastructure projects. This includes advising on international tax and liability structuring, labor and dispute resolution.
Broad development and financing experience. Our attorneys have extensive experience drafting and negotiating project development and implementation documentation, including:
Financing arrangements at all stages
Site acquisition agreements
Documentary and standby letters of credit
Procurement and construction agreements
Power purchase agreements
Operation and maintenance agreements, including "split-contract" structuring
Learn more about our areas of focus.
Our attorneys have broad experience representing developers, private equity funds, financial institutions, multilateral institutions, government agencies and others in connection with financing infrastructure assets in a wide range of industries and for both publicly and privately owned facilities around the world.
Our experience includes:
- Conventional bank construction and term loan project financings
- Taxable revenue bond financings
- Canadian income trusts
- TIF financing
- Issuance of debt and equity in the capital markets (including 144A financings)
- Leveraged lease financings
- Synthetic lease financings
- Bridge financings
We can also assist with restructurings and workouts of distressed projects.
In addition, our attorneys represent developers, other equity investors, contractors, offtakers and suppliers in all stages of infrastructure projects, including negotiating agreements and related documentation for:
- Site acquisition
- Engineering operation and maintenance
- Raw materials
- Fuel supply
- Power sales and purchases
- Joint ventures
We have drafted and negotiated hundreds of millions of dollars in contracts involving all aspects of engineering procurement and construction—for projects ranging from warehouse facilities and office buildings to manufacturing facilities for radioactive isotopes to gas turbine power generation plants.
Our depth enables us to address potential construction problems before they arise, assist with procuring necessary insurance products and help you develop owner or contractor-controlled insurance programs to minimize future risk.
Prior to or even during the project construction process, we can provide assistance and training in construction payouts and the lien waiver and release review processes, as well as OSHA safety audits and other support designed to help you achieve your primary objectives—completing projects safely, on time and on budget.
We provide comprehensive legal advice in connection with the development, purchase, sale and financing of renewable-energy projects, including those funded by the American Recovery and Reinvestment Act (ARRA). Our attorneys are at the forefront in developing new structured finance vehicles and other ways of applying the various tax credit, grant and loan programs available under ARRA.
We represent an array of parties involved in renewable-energy development and finance, including lenders, governmental entities, investors, sponsors and borrowers in connection with nonrecourse and limited-recourse project financings and structured lease financings of renewable-energy projects, utilizing various combinations of:
- Structured finance (including partnership structures to production tax credits)
- Bank debt
- Mezzanine debt
- Credit support
- Indirect financing via private equity capital call and other facilities
Our attorneys represent participants in all stages of development, purchase, sale and finance of renewable-energy projects, including:
- Partnership and joint venture agreements
- Tax and liability structuring
- "Bankability" reviews and recommendations
- Requests for proposal, bids and concessions
- Ground leases and site acquisition contracts
- Engineering, procurement and construction agreements
- Supply arrangements
- Power purchase agreements
- Interconnection agreements
- Operation and maintenance contracts
- Environmental planning and permitting
- Regulatory compliance
- Labor advice
- Various forms of dispute resolution
Our experience includes projects related to:
- Methane gas
- Energy from waste and industrial heat recovery