Specializing in cross-border project finance and development, and large-scale M&A, Milbank‘s transactional electric power practice is a key advisor to debt and equity investors, private sponsors, and government lenders. From New York, the team is led by Daniel Michalchuk and Daniel Bartfeld. Michalchuk is a veteran advisor to project sponsors and financial institutions across domestic and international project financings in both renewables and conventional energy. Bartfeld is an expert with financial institutions and investment firms in transactions across the power and energy sectors. Also in New York, William Bice is a key contact for development, financing, acquisitions, disposition, and restructuring mandates related to power generation and transmission projects. Supporting the practice’s ability with project sponsors on domestic and cross-border financings and transactions in the energy sphere are Jeffrey Leider and Sean O’Neill, both based in New York.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- ‘Bill Bice provided excellent counsel, balancing legal, strategic and commercial objectives to help us through very significant transactions.'
- ‘We have worked with the Milbank power and infrastructure team led by Bill Bice on very strategic "bet the company" transactions. Bill provided excellent counsel, balancing legal, strategic and commercial objectives.'
Key clients
- LS Power
- SMBC
- Arclight
- Natixis
- Strategic Value Partners
- Energy Capital Partners (ECP)
- Mizuho Bank
- Barclays Bank
- First-Citizens Bank & Trust Company
- Sumitomo Mitsui Banking Corporation
Work highlights
Represented LS Power in the sale of a portfolio of natural gas generation facilities and power plant platform in a cash-and-stock deal.
Represented Lenders and Arrangers in connection with their commitment to provide partial financing of Brookfield’s agreement to invest in a 19.7% non-controlling equity interest in Duke Energy Florida for $6bn.
Advised Blackstone Credit & Insurance on the definitive documents between EQT Corporation and funds managed by BXCI to form a new midstream joint venture consisting of EQT’s ownership interest in contracted infrastructure assets, including back-leveraged investment grade notes issuance.
Lawyers
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Daniel Bartfeld
Practice head
Daniel Michalchuk; Daniel Bartfeld
Other key lawyers
William Bice; Jeff Leider; Sean O'Neil; Rhys Howard; Micaela McLean