Practice Areas: Project Finance

McGuireWoods project finance lawyers represent participants in every aspect of development, financing, construction and operation of capital intensive projects and facilities around the world. Our clients are developers, investors, underwriters, lenders, financial advisors, governments and contractors. Their projects include power plants, oil refineries, industrial plants, pipelines, mines, telecommunications networks and facilities, transportation systems and other infrastructure assets.

We counsel our project clients on the following:

• Structuring projects and related financing arrangements. These arrangements include conventional construction and term loan facilities, letters of credit facilities, commercial paper facilities, capital markets offerings of registered and unregistered project debt securities, sale-leasebacks, leveraged leases, synthetic leases and single investor lease structures, joint ventures and partnership arrangements, private placements and tax-exempt financings, and financing from multilateral institutions, export credit agencies and national development and aid agencies.
• Preparing tender documentation, bids and proposals to acquire project assets.
• Negotiating, drafting and evaluating key project agreements such as power sale; throughput and other off-take agreements; engineering, procurement and construction agreements; fuel supply, transportation and other long term supply agreements; and operation, maintenance and service agreements.
• The financing, tax and regulatory implications of alternative project structures, including (where applicable) an appropriate mix of private and public participation in projects.
• Domestic and international privatization transactions.

The project finance group is supported by other attorneys in the firm with considerable expertise in our capital markets, tax, real estate, energy, environmental, and merger and acquisition practices. We can call on the full resources of the firm instantaneously from anywhere in the world. All of our offices are connected on a wide-area data and voice network, permitting us to work together seamlessly. Our 24-hour Internet e-mail gateway allows us and our clients access the firm’s forms, databases, and extensive library facilities from almost any place in the world, at any time of the day or night.

In addition, we have substantial international language and cultural skills. We speak Russian, Dutch, French, German, Italian, Spanish, Kazakh, Croatian and Afrikaans, among other languages. Many of us have lived around the world, and many are licensed to practice law in multiple countries. Our knowledge of world languages and cultures is invaluable to clients transacting business in international jurisdictions and markets.