North America - United States • Finance

Clifford Chance

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Clifford Chance combines the firm’s extensive international footprint with embedded project finance and development expertise to advise on a impressive portfolio of energy and infrastructure projects that span the Americas, Africa and Asia. Tax equity financings and tax credit transactions are a significant part of the workload, particularly with regard to battery storage, wind and solar projects, and the firm has also demonstrated high levels of activity engaging with carbon capture ventures. Furthermore, in the LatAm region, the group have pivoted towards refinancing existing brownfield projects with bonds, working closely with the capital markets branch of the firm. Lori Ann Bean ‘s leadership straddles both energy and infrastructure offerings and is a key representative for governmental lenders, working closely with the US Department of Energy and the US International Development Finance Corporation. Fabricio Longhin’s focus is firmly centered on Latin America where he has overseen a number of significant transport-related mandates, often working alongside Jessica Springsteen who has also counselled a range of European lenders and export credit agencies on domestic renewable projects. Greg Jehle and Lauran Smith are further names of note due to their work with the DOE, while Alberto Haito continues to represent both banks and financial sponsors across a spectrum of energy and infrastructure developments. All practitioners operate out of Washington DC.

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Key clients

  • U.S. International Development Finance Corporation
  • Export-Import Bank of the United States
  • Build America Bureau of the U.S. Department of Transportation
  • U.S. Department of Energy
  • Inter-American Investment Corporation
  • International Finance Corporation
  • KfW
  • EKF
  • CAF
  • Proparco
  • SACE, Simest
  • Hermes
  • Corporación Financiera de Desarrollo S.A.
  • Financiera de Desarrollo Nacional (FDN)
  • Department of Commerce

Work highlights

  • Advised the DOE Loan Programs Office on a US$2.5 billion loan to Ultium Cells LLC (a joint venture between General Motors and LG Energy Solutions) to help finance the construction of new lithium-ion battery cell manufacturing facilities in Ohio, Tennessee, and Michigan.
  • Advising the DOE Loan Programs Office on the expansion of a critical mineral processing facility.
  • Advised KKCG AG, U.S. Methanol, and Liberty One Methanol on a US$150 million loan from WhiteHorse Capital Management LLC to help finance the construction and operation of a new methanol production facility in Charleston, WV.

Lawyers

Rising stars

Alberto Haito

Clifford Chance LLP

Alberto Haito has extensive experience in financial markets and project financing and has represented various financial institutions, including multilateral organizations, commercial banks and sponsors in numerous energy and infrastructure projects in Latin America.

Practice head

The lawyer(s) leading their teams.

Lori Ann Bean

Other key lawyers

Fabricio Longhin, Jessica Springsteen, Alberto Haito, Greg Jehle, Lauran Smith