Infrastructure

Fact Sheet

Experience

  • Clean Tech | Renewable Energy
    • Core & Main and Clayton, Dubilier & Rice in its $936 million secondary public offering and concurrent purchase and redemption of Core & Main class A common stock and partnership interests of Core & Main Holdings, LP.
    • Pantheon in its indirect investment in Zenobe Energy Limited, a UK green energy infrastructure firm.
    • CPP Investments in its $350 million investment in Advance Drainage Systems, a leading provider of water management solutions in the storm water and wastewater industries.
    • Artera, a Clayton, Dubilier & Rice portfolio company and one of the nation’s largest providers of integrated infrastructure services to natural gas and electric industries, in its acquisition of Otis Eastern Service.
    • Schneider Electric in the formation of AlphaStruxure, a joint venture with Carlyle to develop energy management and automation solutions for critical transportation and infrastructure projects.
    • Ullico, a labor-owned insurance and investment company, in the $1.2 billion cross-border take private acquisition of Student Transportation.
    • EIG in the formation of a joint venture with FS Investments to manage the $4 billion FS Energy and Power Fund.
    • Access Industries as a lead consortium investor in the $5.6 billion acquisition of Calpine.icon-alt
    • RWL Water in the merger by acquisition of Emefcy Group and RWL Water.
    • Clayton, Dubilier & Rice and Brand Energy and Infrastructure Services in the merger of Brand Energy and Safway Group, forming the leading global industrial service business with over $5 billion in revenue.
    • Brookfield Business Partners and Brookfield Asset Management in their proposed acquisition for $768 million of a 70% controlling stake in the business of Odebrecht Ambiental, Brazil’s largest private water distribution, collection and treatment company.
    • Mitsui in its acquisition of a 20% limited partnership interest in Penske Truck Leasing Co., L.P., a full service truck leasing, truck rental and logistics business that mainly operates in the U.S., from General Electric Capital Corporation.
    • Footprint Power in the sale of Salem Harbor Energy Station Project to Highstar Fund IV and Toyota Tsusho, an EPC Contract with Iberdrola Energy Projects, to build a 700MW state-of-the-art combined-cycle gas electric generating facility and a $730 million construction financing, a transaction awarded the Project Finance International “2015 Power Deal of the Year of the Americas” award.
    • Marquis Energy in securing a $228 million loan from AgCountry Farm Credit Services, including a construction loan, term loan, revolver and refinancing of existing indebtedness.
    • Toyota in its collaboration with Air Liquide to develop and supply 12 state-of-the-art hydrogen stations in five states in the northeast in connection with Toyota's rollout of new hydrogen fuel cell vehicle, Mirai.icon-alt
    • Tenaska Power Fund II in its $1.6 billion term loan to repay acquisition and project-level debt at seven electric generating facilities in the U.S. plus additional construction and term loan facilities, a transaction awarded the IJGlobal “2014 North American Portfolio Deal of the Year” award.
    • Denver Airport Great Hall P3 Project - acting for one of the short-listed consortia bidding on the redevelopment of the Great Hall Terminal at the Denver International Airport.
    • The senior lenders in a $1.5 billion project financing for Solana Parabolic Trough Solar Power Plant, a U.S. utility-scale solar power plant that will use a field of 800,000 parabolic trough mirrors and molten salt heat storage to permit power generation to continue at night.icon-alt
    • Westfield in the development, operation and management of the retail portions of the New York Metropolitan Transit Authority’s $1.4 billion Fulton Center transit hub.
    • Interros in the sale of its stake in the logistics companies in the Sheremetyevo Moscow airport in favor of infrastructure fund TPS AVIA Holding.
    • Sithe Global Power in a strategic partnership with subsidiaries of Chubu Electric Power and Toyota Tsusho including the sale of an aggregate 50% interest in Goreway station, an 875MW combined cycle power generating facility in 2009, followed by the sale of its remaining interest in the plant to its strategic partners.
    • PVDC, a subsidiary of Barrick and Goldcorp, in a renegotiation of the terms of the Pueblo Viejo Special Lease Agreement with an NPV of $1.5 billion.
    • The sponsors in the $2.1 billion refinancing of the Boston generating assets of K Road Power, consisting principally of four combined-cycle electric generating facilities with a total capacity of 3,405MW.
    • The lenders in the $185 million financing for the Oyster Creek Cogeneration Project, the 424 MW cogeneration facility at Dow Chemical’s largest chemical complex in Texas.
    • Cogentrix Energy in its $2.4 billion sale to The Goldman Sachs Group.
    • The lenders in the $400 million restructuring of financing, construction, ownership and operating arrangements for Connecticut Power, a combined cycle electric generation facility.
    • The lenders in a local currency capital markets financing for several high voltage electricity transmission concessions in Brazil.
    • A large Japanese investor in a significant investment in the U.S. Marcellus shale gas formation.
    • The institutional investors in the $480 million restructuring of the financing and collateral documents for the Magellan Petroleum Pipeline, a 6,700-mile petroleum pipeline project in the United States (multi-state).
    • Kelso & Company in its over $700 million leveraged buyout, with Goldman Sachs Capital Partners, of a majority equity stake in Coffeyville Resources, an oil refinery in Kansas.
    • Two Japanese companies in their joint venture and, as a consortium, acquisition of 21% interest in the Goro Nickel Development Project, a $1.9 billion project to develop a cobalt-nickel mine in the Goro area of New Caledonia and construct a hydro-pressue acid leaching facility.
    • The Japanese lenders and off-takers in the project financing of the Monywa Copper Project in Burma (Myanmar).
    • ExxonMobil in the construction of the Sakhalin-China Pipeline, a pipeline from Sakhalin Island to China.
    • A participant in a consortium of Western investors in the $20 billion development and financing of oil and gas fields offshore Sakhalin Island and construction of associated pipeline and LNG facility.
    • JFK International Air Terminal LLC, as lessee and operator of Terminal 4 at JFK International Airport, in connection with operational matters and the development and financing of the ongoing Terminal 4 Expansion Project.
    • Financial Security Assurance (FSA) in its financial guarantee of a project bond financing for the Chicago Skyway toll bridge system, involving the issuance by Skyway Concession Company of $1.4 billion of senior secured floating rate bonds insured by FSA. This innovative financing included interest rate hedging transactions in which FSA insured the issuer’s obligations to Citibank and Goldman Sachs Capital Markets as swap counterparties. (Winner of IFLR's "Americas Deal of the Year 2005" and Project Finance Magazine's North America Project Bond Deal of the Year 2005.
    • The winning consortium in the Pennsylvania Turnpike concession, achieving a fully negotiated concession agreement and fully documented and binding financing commitments for a multisource financing including bank debt and PABs, although the transaction was ultimately not approved by the Pennsylvania state legislature. (Terminated)
    • DC Chemical in its $160 million acquisition of a minority interest in Evergreen Solar and its related multi-year polysilicon supply agreement with Evergreen.icon-alt