Regularly acting for sponsors, developers, tax equity investors and public-sector bodies, Steptoe LLP maintains a strong profile in the energy and infrastructure space. Leadership of the team is shared between Washington DC-based Daniel Mullen and New York partner Philip Corsello. Corsello draws on extensive experience advising on project construction and mini-perm financings, build–transfer structures and transactions aligned with green loan principles.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Billing & efficiency
Client satisfaction: NPS ®
Testimonials
Collated independently by Legal 500 research team.
- ‘The team is well experienced across a range of different infrastructure industry sectors and loan formats.’
- ‘The team is efficient and confidently knowledgeable in the project finance market. They understand the underlying risks and mitigants associated with a project, which improves documentation drafting.’
Key clients
- Natixis Corporate & Investment Banking
- KeyBanc Capital Markets Inc.
- Luma Energy
- First-Citizens Bank & Trust Company
- Vantage Infrastructure USA Inc.
Work highlights
Represented Natixis, New York Branch as the lenders, as well as the arrangers, agents, issuing banks and sustainability coordinator, in connection with the closing of a $2.5 billion Revolving Credit Facility in favor of Invenergy Renewables Operating I LLC (Invenergy).
Counsel to Vantage Infrastructure USA Inc. as arranger and lender in connection with a senior secured financing of FlashParking, Inc.’s, in particular its portfolio and development of electric vehicle charging and parking assets.
Counsel to KeyBank Capital Market as an arranger and green loan coordinator, as well as additional arrangers, agents, green loan coordinators and issuing bank in connection with a Green Loan Principles-aligned build-transfer project financing of a 265 MW wind farm.
Practice head
Daniel Mullen; Phil Corsello