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Mayer Brown

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Paul Astolfi

Work +1 312 701 8028
Mayer Brown

Work Department



Paul Astolfi handles a variety of complex matters including project development and finance, asset backed finance, joint ventures, and corporate governance. Paul also has considerable experience counseling clients in restructuring their financing arrangements. He represents major international energy companies, IPPs, financial institutions, private equity funds, manufacturing concerns, and other publicly and privately held businesses. Paul is trusted by his clients to provide guidance on legal and commercial issues and has spent significant amounts of time embedded with a client acting as its general counsel. His experience, directing the activities of outside counsel and participating at the highest levels of business decision making, gives him a valuable and unique perspective. Paul understands what a good lawyer must provide and combines that with practical, business-focused solutions for his clients' needs.


University of Massachusetts, BA, 1994; University of Michigan, JD, 2000.

United States: Finance

Project finance

Within: Project finance

The ‘creative, responsive and diligent’ team at Mayer Brown is ‘able to break down complex issues and explain them in a user-friendly manner’. The team is also praised for its ability to ‘take the time to understand the needs of the client’. Particularly experienced in PPP matters, Joseph Seliga advised Purdue University, a public institution of the State of Indiana, on the development of new student housing facilities through a long-term PPP structure. Renewable energy transactions are also a key area of focus for the team; Paul Astolfi, who co-heads the global projects group, acted for Allianz Global Investors in a $760m debt financing transaction to finance a portfolio of ten solar projects in the US. Robert Goldberg in Houston and Jeffrey Davis in Washington DC advised GE Energy Financial Services and JP Morgan as equity investors on the commitment to invest approximately $192m, plus additional contributions, to finance the 200MW Persimmon Creek wind project, which is developed by Elawan Wind and Quinbrook Infrastructure Partners. The team is also noted for its experience in Latin America-facing mandates, where Washington DC-based Christopher Erckert recently advised the note purchasers in the placement of $103m senior secured notes and $11.5m subordinated, secured notes in relation to the refinancing of the Naranjal and Del Litoral Solar power plants in Uruguay. Barry Machlin, Mitch Holzrichter, Douglas Doetsch, Nadav Klugman and David Bakst, who is based in New York, are also key figures. Named individuals are based in Chicago unless stated otherwise. Tax equity specialist David Burton moved to Norton Rose Fulbright US LLP in April 2019.

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