Comparative Guide
Blockchain & Crypto Assets
United States
Joseph Hall, Boaz Goldwater & Justin Levine
Active across the full lifecycle of power-related project financings, Davis Polk & Wardwell LLP is a trusted adviser to clients navigating complex transactions. The practice is led by Elena Maria Millerman, who operates out of New York; and David Penna, who sits in the Washington DC office. Millerman combines a strong grasp of the commercial frameworks underpinning energy projects with experience across project finance, mezzanine and hybrid financing structures, and Penna is a key advisor to sponsors, lenders, multinational companies and public-sector bodies. Also in New York, Kailash Gupta provides further project development and finance capabilities and has recently been acted on some of the firm's most significant mandates.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Lawyer & team quality
Client satisfaction: Billing & efficiency
Client satisfaction: Sector knowledge
Key clients
- Frontier Infrastructure Holdings
- Kiwoom Asset Management
- EdgeCore
- MUFG
- Takanock
- Cipher
- Middle River Power
- Power Transitions
- Lambda
Work highlights
Advised Kiwoom Asset Management Co., Ltd and certain of its affiliates in connection with a comprehensive out-of-court recapitalization of Cricket Valley Energy Center and its affiliates (collectively, “Cricket Valley”).
Advised the lenders on a combined $2.1 billion in project financings for the construction of a data center campus located in Frederick County, Maryland.
Advised Partners Group on its acquisition of a 1.9-gigawatt portfolio of 11 natural gas power plants in California – comprising nine simple-cycle peaking facilities and two combined-cycle gas turbine plants – from the Avenue Golden Continuation Fund, L.P, as well as the related purchase of Middle River Power, the company that operates the assets.
Practice head
Elena Maria Millerman; David Penna
Other key lawyers
Christopher Nairn-Kim; Kailash Gupta