Simpson Thacher & Bartlett LLP‘s ’consistently efficient, commercial and thorough’ offering in energy and power project financing spans the firm’s New York, Houston and Washington DC offices, as well as coordinating closely with its London-based lawyers. From traditional power generation, and electricity transmission and utilities, to energy storage, and renewable energy and alternative energy, the practice covers the gamut of project types in the US, and its client base includes major names on both sponsor and lender sides. New York-based Eli Hunt co-leads with Breen Haire in Houston, who excels in advice to private equity investors and public and privately-held parties on negotiated acquisitions and dispositions, controlled auctions, and investments. Further key contacts in Houston are the ‘consistently excellent’ Matthew Einbinder; energy transition expert Erland Modesto; and Amy Beller, whose broad slate includes several renewable energy projects. Javad Asghari joined the firm from Milbank in April 2024 and divides his time between New York and Los Angeles. He is active in matters with cross border elements, particularly the Americas and Australia.
Legal 500 Editorial commentary
Profile

Testimonials

Collated independently by Legal 500 research team.

  • ‘The Simpson Thacher project finance team is consistently efficient, commercial and thorough.’

  • ‘Matthew Einbinder is consistently excellent in terms of his market knowledge, the quality of his work, his efficiency and communication.’

Key clients

  • Algonquin Power & Utilities Corp.
  • American Electric Power, Inc.
  • Avnos
  • BlackRock
  • Blackstone
  • Bridgepoint Group
  • Capital Power
  • CBRE Acquisition
  • Citibank
  • ContourGlobal

Work highlights

  • Representing JPMorgan in a construction and term loan facility, a tax equity bridge loan facility and related letter of credit facilities totalling approximately $559m for the construction and operation of the 255MW/1,020MWh Scatter Wash battery energy storage system (“BESS”) project.
  • Representing the lenders in NextEra Energy’s project financings of several wind farms and operating and newly-built solar and storage projects in multiple states.
  • Representing BlackRock and Capital Power in the financing related to their joint purchase of Harquahala Generation Company, LLC, to own, operate, and manage its 1,092 MW Harquahala natural gas-fired generation facility in Maricopa County, Arizona.

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

Breen Haire; Eli Hunt

Other key lawyers

Matthew Einbinder; Javad Asghari; Erland Modesto; Amy Beller; Sonia Lopez; Roy Jackson