O’Melveny’s Project Finance team crafts innovative models that help project sponsors and other stakeholders finance, develop, and operate sophisticated major projects, from power plants, seaports, and airports to hospitals, museums, and master-planned communities.
Our team includes lawyers with expertise across industries and practices, ensuring that you get the best counsel on finance, corporate, tax, real estate, environmental, and other applicable law. We develop project structures that are tax efficient, that recognize every party’s roles and relationships, and that take advantage of available local, state, and federal government tools.
We advise a full array of clients, including lenders, public and private sponsors, developers, utilities, investors, and underwriters on every aspect of project finance across an array of project types. Our experience includes advising on:
- Offtake-based, merchant, and hedge-based project financings
- Acquisitions and dispositions
- Public-Private ventures
- Tax-equity investing
- Tax-exempt financing
- Regulatory compliance
- Development matters
- Operational matters
- Restructuring
We are also leaders in structuring Public-Private Partnerships (P3s), having worked on some of the most groundbreaking and diverse transactions in the space. And we have led the way on other types of project-finance deals, too. Our track record of innovation includes:
- The first-ever use of TIFIA funds to finance a transportation project
- The largest-ever Genco financing in the US power sector
- The first-ever leveraged renewable energy project to utilize Treasury grants
- The first-ever leveraged lease financing of a wind power project
- The first-ever public bid to privatize a large hub airport in the U.S.
Global Reach
We have a global network of offices across the United States, as well as in Asia and Europe, offering integrated services in the region for any project together with seamless international support to connect any project with a broader set of investors and other stakeholders.
Industry Experience
- Aviation and airports
- Cultural and education facilities
- Energy, including clean and renewable energy, as well as fossil-fueled, nuclear and other conventional energy sources
- Health care properties
- Hospitality projects
- Manufacturing and other industrial facilities
- Mass transit
- Master-planned communities
- Mixed-use developments
- Oil and gas, resources and mining, including LNG
- Ports, maritime transport, shipping, and logistics
- Public-private partnerships
- Rail and railroads
- Residential development and finance
- Retail projects
- Roads and other surface transportation
- Stadiums and arenas
- Waste
- Water
