North America - United States • Finance

Orrick, Herrington & Sutcliffe LLP

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The projects team at Orrick, Herrington & Sutcliffe LLP regularly handles the private and public sector side of complex, multi-faceted mandates, advising on landmark inner-city developments, pan-American and interstate infrastructure builds, and energy transition and digital asset ventures. Key marquee projects include acting for the Metropolitan Transportation Authority regarding New York City’s subway station redevelopment P3 programs, advising the developers on the PennDOT Pathways Major Bridge P3, and counselling the New York’s Department of Design and Construction on a variety of design and build contracts. These matters sit alongside an extensive book of early and late stage financing work that spans digital fiber roll outs, hospital builds, and toll-road developments, to name a few. On the energy front, the team is well-positioned to act on on a broad range of debt and equity financing structures for an enviable roster of lenders, borrowers and sponsors. Furthermore, the group boasts an impressive track record in the tax equity space, engaging with solar, wind and stand-alone battery storage facilities. Team lead Louise Gibbons is reputed for the depth of her expertise regarding renewables and energy transition assets, regularly overseeing project finance and tax equity transactions, whereas fellow practice heads Blake Winburne and Dahl Thompson spread their focus across M&A, joint ventures and financing, often working with private equity outfits and strategics. Young Lee and Daniel Mathews are the leading figures in the firm’s infrastructure practice and together are chiefly recognized for their formidable reputation in the P3 space, often acting on complex, consequential projects for an array of public and private parties. Adam Griffin is instructed by both energy developers and investment funds for their energy project financings, whereas Christopher Moore and Wolfram Pohl are critical to the team’s tax equity and tax credit transfer offering and as such as focused on energy transition work. Victoria Boyne combines experience in both fields to advise on debt and tax equity financings in the renewables space as well as serve a stellar client roster on infrastructure P3 projects, from traditional to more novel asset classes. Matthew Neuringer also utilizes specialisms in PPP and project finance to comprehensively advise on premium ventures, adding roads, rail, university social housing, and microgrids instructions, amongst others, to an already extensive book of work over the past twelve months. Thomas Glascock and John Donaleski provide further financing capabilities to a range of traditional and renewable energy builds, with the latter also often engaged with infrastructure projects. Ross McKinnon joined from Ashurst LLP in 2023 and brings P3 expertise, whereas John Eliason, who joined from Greenberg Traurig LLP in 2023, advises on hybrid deals. Vincent Casey left the firm to practice in-house at a government agency. Gibbons, Pohl, and Glascock operate out of San Francisco, while the rest are located in New York.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘One of the strengths of the Orrick, Herrington & Sutcliffe LLP team is that they are extremely knowledgeable in the construction industry. The knowledge that they have regarding P3's and construction contracts as a whole is unmatched. They are extremely pleasant to work with and are always available when needed.'

  • ‘All members from Orrick who I worked with were great to deal with.'

  • 'Victoria Boyne drove the entire process and kept everyone informed at all times. Great construction and P3 understanding.'
  • 'Marlowe Mitchell was beyond pleasant and always willing to assist with the P3 process.'
  • 'Vincent was very knowledgeable when it came to the terms and conditions of the Contract and the P3 process.’
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Key clients

  • Ultium Cells
  • Intersect Power
  • Calpine Corporation
  • RAI Energy International
  • TotalEnergies
  • Apex Clean Energy
  • Swift Current Energy
  • Birch Infrastructure
  • Strata Solar Development
  • EDF Renewables
  • Primergy
  • ENGIE
  • Clearway Energy
  • Plus Power
  • D. E. Shaw Renewable Investments (DESRI)
  • esVolta
  • Generate Capital
  • HASI (formerly Hannon Armstrong Sustainable Infrastructure Capital)
  • CleanCapital
  • US Wind
  • AES Clean Energy
  • Apex Clean Energy
  • esVolta, LP
  • The Port Authority of New York and New Jersey
  • New York Metropolitan Transportation Authority
  • Macquarie Asset Management
  • Meridiam Infrastructure North America
  • IFM Investors
  • ACS Infrastructure Development
  • Bank of America Merrill Lynch
  • Transurban
  • New York City Health + Hospitals Corporation
  • abrdn (fka Aberdeen Asset Managers)
  • VINCI
  • Halmar
  • Shikun & Binui
  • The Port Authority of New York and New Jersey
  • New York Metropolitan Transportation Authority

Work highlights

  • Advised Ultium Cells, the battery joint venture between General Motors and LG Energy Solutions, in connection with securing a US$2.5 billion-dollar loan from the Department of Energy for the construction of new lithium-ion battery cell manufacturing plants in Ohio, Tennessee and Michigan.
  • Advised Energy-storage company esVolta on closing a tax equity financing with U.S. Bancorp Impact Finance, a subsidiary of U.S. Bank, to finance its Santa Paula Energy Storage project about 60 miles northwest of Los Angeles. The transaction represents one of the first tax equity financings structured to capitalize on the tax credits associated with standalone energy storage under the Inflation Reduction Act of 2022.
  • Advised Intersect Power, a clean energy company, in securing US$3.1 billion in project financing to fund the construction and operation of a 1.5 GW solar plus 1 GWh storage portfolio.

Practice head

The lawyer(s) leading their teams.

Blake Winburne, Dahl Thompson, Louise Gibbons, Young Lee

Other key lawyers

Daniel Matthews, Adam Griffin, Christopher Moore, Wolf Pohl, Victoria Boyne, Matthew Neuringer, John Donaleski, Thomas Glascock, John Eliason, Ross McKinnon