Randall Towers

Randall J. Towers


Randall J. Towers is the leader of the firm's Bioenergy and Biomanufacturing Team and co-leads the Project Finance Group and Energy Team. He regularly represents governmental entities, borrowers, underwriters, and purchasers in corporate, municipal, and project finance transactions. He also counsels public and private clients in mergers, acquisitions and divestitures, leveraged leasing transactions, and general business law. He is experienced in all facets of project and energy financing and public finance, where he has over 32 years of experience acting as underwriter's counsel and bond counsel in connection with the structuring, offering, placement, remarketing and restructuring of tax-exempt and taxable municipal securities, and corporate debentures and other debt instruments. Randy has spent his entire legal career at Ballard Spahr.

Randy is the Chair of the firm's Opinion Committee and he has served two terms on the firm's Elected Board.


Representative Matters

  • Served as underwriter’s counsel to Goldman Sachs & Co. LLC as representative for itself, Truist Securities, Inc., and Crews & Associates, Inc., as underwriters of $330 million in Arkansas Development Finance Authority (ADFA) revenue bonds for Hybar LLC's scrap metal-to-rebar mini-mill recycling facility in Osceola, Arkansas.
  • Served as bond counsel to the Pennsylvania State issuer on a refunding/new money transaction for a national waste company in connection with its waste management facilities in Pennsylvania
  • Served as underwriter's counsel to a leading investment bank in connection with the issuance of tax exempt bonds for qualified solid waste disposal facilities which will convert waste straw to non-wood based pulp
  • Served as counsel to two leading investment banks on three deals using tax exempt bonds. The project financed the acquisition and development of a municipal solid waste to biofuel plant near Las Vegas, Nevada.

Professional Highlights

Professional Activities

American Bar Association

Pennsylvania Bar Association

National Association of Bond Lawyers

Recognition & Accomplishments

Chambers USA, Public Finance (Pennsylvania), 2024

Legal 500, Finance - Project Finance, 2023; Industry Focus - Energy: Renewable/Alternative, 2023




Delaware Law School (J.D. 1989, magna cum laude)
Editor, The Delaware Journal of Corporate Law; Author, "Copiat vs. United States: The Grey Market Gets Greyer," 14 Del. J. Corp. L. 108, 1988

St. Joseph's University (B.S. 1985)