Practices

Project Finance

We take an integrated approach to project finance, counseling clients on the regulatory issues, financing options, transactional considerations, and litigation avoidance strategies necessary when embarking on a capital-heavy project. The Finance team works with colleagues versed in key areas, such as tax, construction and development, environmental regulation, labor and employment, corporate law, and government relations.

Our project finance lawyers represent investors, sponsors, and lenders, including commercial banks, DFIs, MLAs, and private equity companies. We also do a heavy volume of project finance work on behalf of independent power producers, federal and state governments and government-sponsored enterprises, manufacturing companies, and developers.

Experience 

  • Ballard Spahr serves as lead finance and real estate counsel to River District Neighborhood Investors LLC, master developer of The River District, a sprawling, $1 billion project to transform the Mississippi Riverfront in New Orleans. The project will revitalize 27 acres of waterfront land adjacent to the Morial Convention Center New Orleans. Ballard Spahr attorneys are helping to guide the project through multiple phases of infrastructure development and construction of residential, office, and retail components. Phase One focuses on expanding and enhancing gathering space to create a dynamic hub of commerce, culture, and community through construction of facilities for entertainment, housing, arts and culture, retail food and beverage, street-front shops, public areas, and green space. Construction is slated to begin in late 2022.
  • Representing developers in the acquisition of assets from SunEdison following the company's high-profile bankruptcy, including SunEdison's distributed generation portfolio as well as the Mount Signal 3 utility-scale solar project
  • Representing the sponsor in a workout relating to the financing of an approximately 10.3 MW gas-fired combined cycle cogeneration and ice production facility in Staten Island, New York