Move your projects forward with confidence at every stage, from early structuring through to financial close and operation.
You gain a team that works alongside you to navigate complex financing structures, manage risk and deliver successful outcomes across global energy and infrastructure projects.
Eversheds Sutherland’s worldwide Project, Energy and Infrastructure Finance practice advises developers, sponsors, lenders, investors and other participants across the full spectrum of transactions including domestic and cross-border project financings, acquisition financings, public-private partnerships, tax equity transactions and related corporate and structured finance matters.
We work with the developers, utilities, investors and lenders to help you move projects forward.
We provide you with a deep bench of experience on all aspects of project development and finance, drawing on the firm’s global network of tax, M&A, real estate, regulatory, construction, commercial contracts and environmental specialists to assess a project’s risk allocation and financeability to drive successful closings.
Our practice spans clean energy technologies such as solar, wind, battery storage, carbon capture, geothermal, hydropower, nuclear, as well as gas-fired power generation, upstream and midstream infrastructure such as pipelines and LNG facilities, petrochemicals, toll roads, water desalination and treatment and mining infrastructure.
In addition to fluency in multiple languages such as Spanish and Portuguese, you receive support from a team fluent in multi-sourced financings involving export credit agencies, multilateral development institutions, development finance institutions, and international commercial banks, with particular strength in cross-border transactions across Latin America, sub-Saharan Africa, North America and Eurasia.
You benefit from the structure we can provide in a variety of project financing arrangements, from traditional mini-perm or long-term secured and unsecured debt, multiple-lien financings and bridge loans to tax equity and IRA-driven financing structures, vendor and supplier financings, subordinate debt and hedge and offtake arrangements. Our team is equally at home advising investment banks, project sponsors, private capital financiers, multilateral and export credit agency lenders, major corporations and cooperative utilities on their most complex financing needs.
- Represented the mandated lead arrangers and lenders on the portfolio financing of three wind and one solar PV project (totaling 550 MW) in Chile — the “Cóndor Portfolio” — honored as “Americas Renewables Deal of the Year” by Project Finance International and “Renewables Deal of the Year” by Proximo in 2019.
- Represented multiple development finance institutions in the project financing of solar, BESS and water treatment projects in several Caribbean countries.
- Represented KeyBank as left-lead arranger in the financing of an 80 MW wind farm in Oregon developed by D.E. Shaw’s energy affiliate, DESRI, including all construction and term loan documentation.
- Served as lead finance counsel for the US Department of Energy Loan Guarantee Program in connection with a major clean energy financing initiative.
- Represented a sponsor consortium on a proposed multi-sourced financing for a $30 billion LNG project in Africa, coordinating a core group of eight export credit agencies and development finance institutions and more than 20 international banks.
- Represented Starbucks in connection with its first direct investment in a utility-scale solar project, structuring and negotiating the full suite of project and financing documentation for what became a landmark corporate clean energy commitment.
- Advised multiple parties in their partnership to develop a transformative desalination, water transmission and power infrastructure system for CODELCO, the world’s largest copper producer. The project included construction of a major reverse osmosis desalination facility on Chile’s northern coast with an initial capacity of 840 l/s (and a potential expansion of up to 1,956 l/s); a 160-kilometer high-pressure pipeline ascending to 3,000 meters of altitude; a large storage reservoir; mine-specific distribution lines; and an associated transmission line and substation. The shared water infrastructure is designed to serve three key CODELCO mines—Radomiro Tomic, Chuquicamata and Ministro Hales—which together account for approximately half of CODELCO’s production. Awarded multiple “Deal of the Year” awards, including from IJGlobal and PFI.
- Represented a state-owned mining company in Latin America in the $1B pre-export financing of an offtake arrangement.
- Represented a group of lenders on the approximately $890 million senior secured financing related to the development, construction, operation and maintenance of the Los Ramones II Sur gas transportation system, sponsored by Pemex and GDF Suez (“Americas Oil & Gas Deal of the Year” by PFI).
- Represented mandated lead arrangers and lenders on the financing of the Huemul Portfolio, consisting of five renewables projects, including the construction and operation of two solar power plants and three wind farms, with a total installed capacity of 630 MW in Chile (“Renewable Energy Financing of the Year” by Latin Finance; “Renewables Deal of the Year” by Proximo).
- Represented the lead arranger and bank lenders in the $305 million expansion financing and refinancing for a trans-isthmian oil pipeline, storage facilities and maritime port expansion in Africa (honored as “Latin American Refinancing Deal of the Year” by Project Finance magazine).