Steve Park > Ballard Spahr LLP > Philadelphia, United States > Lawyer Profile

Ballard Spahr LLP
1735 MARKET STREET, 51ST FLOOR
PHILADELPHIA, PA 19103-7599
PENNSYLVANIA
United States
Steve Park photo

Work Department

Finance

Position

Partner and co-leader of the firm’s P3/Infrastructure Group

Career

Steve T. Park is a co-leader of the firm’s P3/Infrastructure Group and is a partner in the Public Finance Group. He is a public-private partnership (P3) lawyer who routinely advises public entities, private developers, and lenders in all phases of transportation, infrastructure, energy, social infrastructure, innovative delivery, and P3 projects.

Steve is based in Philadelphia and has significant experience advising issuers, developers and lenders in connection with project financings for utilities (including water, wastewater and energy facilities), solid waste disposal facilities (including waste to energy facilities), and transportation and infrastructure facilities. Steve routinely represents insurance companies, finance companies, and institutional investors in connection with the private placement of debt.

Admissions

Pennsylvania

Languages

Korean

Memberships

National Association of Bond Lawyers

Pennsylvania Association of Bond Lawyers

National Asian Pacific American Bar Association

Ballard Spahr’s Philadelphia Hiring Committee

Education

University of Pennsylvania Law School (J.D. 2006)
Senior Editor, Journal of International Economic Law

Dartmouth College (B.A. 1998)

Lawyer Rankings

United States > Finance > Project finance

(Leading lawyers)

Steve Park – Ballard Spahr LLP

The projects team at Ballard Spahr LLP ‘brings outstanding insights into the nuances and intricacies of extremely complex contracts such as public private partnerships’, acting as lenders, developers and particularly government agencies on major transport developments that include toll roads, bridges, interchanges, and railway lines and stations, as well as university campus utility ventures, breakwater facility expansions, and inner-city redevelopments – amongst others. On the energy front, the team predominantly focus on providing financing, regulatory and commercial advice to energy players and investors engaging with energy transition assets, while also boasting a substantial capital markets offering. The ‘truly incredible’ John Smolen and Steve Park co-head the practice from Baltimore and Philadelphia respectively, with the duo highly praised for their ‘immense amount of experience from other projects’ and ability to counsel from a variety of perspectives. Philadelphia duo Patrick Gillard  and Randall Towers are the other two practice leads who focus on project finance transactions in the energy space, often representing lenders, borrowers and underwriters on a range of debt instruments. Donna Brady operates out of Los Angeles and largely concentrates on transport and social infrastructure and is routinely sought out by state agencies and toll operators for toll technology procurements. New York’s William Estes and Washington DC’s John Wheatley bring further design-build and P3 experience to the fore and frequently collaborate together on major transport constructions. Bruce Johnson sits in the Las Vegas office and is well regarded for his adeptness in tax equity financing.

United States > Energy > Renewable/alternative power

Ballard Spahr LLP‘s PPP projects, energy and project financing practices collaborate on a range of matters in the renewable energy sector, acting for project developers and sponsors, investors, and lenders with interests in the space. Its advice on infrastructure and PPP projects is of particular note, and the team is represented across a number of the firm’s US offices. In Philadelphia, Patrick Gillard is a key figure with a strong utility finance practice and experience negotiating public and private debt financings. He is one of four co-heads of the practice, with Randall Towers and Steve Park alongside in Philadelphia, and John Smolen in Baltimore. Bruce Johnson in Las Vegas is a contact to note for real estate and commercial finance, while Minneapolis-based Raymond Faricy and Katie Leesman in Washington DC are further key figures in the firm’s renewable energy offering.