Chaim Wachsberger

Partner

Practice Description

Representative Matters

• Represented Duke Energy Corporation as sponsor in the $231 million financing of a 200 MW wind project in Wyoming. 
• Represented Duke Energy Corporation as sponsor in the $375 million financing of a 290 MW wind portfolio in the United States.
• Represented GE EFS in $130 million refinancing of a coal-fired plant.
• Representing Credit Suisse in $1 billion financing, including DOE loan guaranties, of NextEra's 250 MW solar thermal Genesis power plant in California.
• Represented Société Générale in the U.S. $210 million construction financing of PL Propylene, a 1.2 billion lb/year propane dehydrogenation plant to produce propylene.
• Represented DukeNet Communications LLC in procurement of a $150 million senior-secured credit facility for expansion of its telecommunications network, future acquisitions, and general corporate purposes.
• Represented Tenaska Power Fund in its $1.65 billion acquisition of 3,000 megawatts from Constellation Power.
• Represented Credit Suisse as the financing source to a bidding consortium for the 407 Toll Road in Canada. 
• Represented a consortium in its tender to finance, build and operate the first line of the Tel Aviv Metro.
• Represented Credit Suisse, as underwriter, in connection with the Rule 144A bond financing of the Yam Tethys gas field development off the coast of Israel.
• Represented Duke Energy Capital Corporation in the $1.05 billion structured financing of a portfolio of seven power projects.
• Represented GE Capital in its acquisition of a portfolio of interests in Cogentrix’s power plants.
• Led the representation of the consortium developing the Bolivia-Brazil natural gas pipeline.
• Led the representation of Germany’s Kreditanstalt für Wiederaufbau (KfW) in its capacity as lender to Enron’s Cuiabá project, a combined power and natural gas pipeline venture.
• Represented the Overseas Private Investment Corporation (OPIC), as co-lender with the U.S. Export-Import Bank, in connection with the financing of the 469 megawatt Araucária power project, fired by natural gas delivered by the Bolivia-Brazil pipeline.
• Represented The AES Corporation in connection with the acquisition and project financing of AES' 4,000 megawatts Southland project in California.

Honors

Mr. Wachsberger is ranked in Band 1 in Projects in Chambers Global – The World’s Leading Lawyers for Business (2009-2010).

In the United States he has been listed for project finance in Chambers Global - The World's Leading Lawyers for Business (2001-2009), Chambers USA – America’s Leading Lawyers for Business (2001-2006 and 2008-2009), Project Finance Legal Advisers Review (2005-2006), Who’s Who Legal – The International Who’s Who of Business Lawyers (2003-2006), Who’s Who Legal – The International Who’s Who of Project Finance Lawyers (2007), The Best Lawyers in America (2006- 2008 and 2010-2011), New York Super Lawyers (2006 and 2007), Euromoney’s Guide to the Leading Project Finance Lawyers (1999-2005 and 2008) and Euromoney’s The Best of the Best (2005).

Activities and Affiliations