Douglas Fried, the head of Chadbourne’s Infrastructure, Transportation and P3s practice, is “renowned as a ‘top-tier’ PPP attorney.” He is also described as drawing praise for his “ability to influence key decision makers.” -- Chambers USA
Chadbourne’s project finance group is an internationally recognized leader in infrastructure, transportation and P3 projects. Our team represents numerous sponsors, equity investors and lenders in connection with the development and financing of new projects, public-private partnerships, the privatization of existing assets, the workout and restructuring of troubled projects, companies and transactions, and sales and acquisitions.
We provide a full range of legal services related to public-private partnerships, including: drafting and negotiating concession agreements, equity transactions, debt and capital markets transactions, construction and O&M agreements, and other project level agreements. We also provide tax, real estate, environmental and permitting advice. Chadbourne is ranked in the 2015 editions of Chambers Global and Chambers USA as one of the leading law firms in the public-private partnership industry.
Chambers USA has stated that P3 practice head Douglas Fried “enjoys a solid reputation for providing advice on PPP projects, with sources particularly highlighting his ‘very high knowledge of the infrastructure industry.’”
I-69 Highway P3 Project in Indiana
Chadbourne represented Isolux Infrastructure Netherlands B.V. in its successful proposal and related financing for the concession to design, build, finance, operate and maintain section 5 of the I-69 highway corridor in Indiana pursuant to a public-private partnership. The project included approximately US$244 million of private activity bonds issued by the Indiana Finance Authority, approximately US$40 million of equity investments and US$80 million of public investment by the State of Indiana in the form of milestone payments. Unlike traditional US highway projects, I-69 section 5 is being developed through an innovative public-private partnership, or P3, pursuant to which the developer is assuming the risks and responsibilities for project development and financing.
Line 2 of the Lima Metro project
Chadbourne is representing the lenders, underwriters and other financial intermediaries in connection with the financing of Line 2 of the Lima Metro project in Peru. The financing consists of a revolving credit facility to serve as a bridge loan, as well as the issuance of project bonds which monetize the stream of payments to be made to the Concessionaire for investments in the Project by the Republic of Peru, acting through the Ministry of Transportation, in the form of equal installments over a certain period. In addition, the financing will include an IDB secured loan. This transaction was named the 2015 "PPP Deal of the Year (Americas)" by Project Finance International.
Chadbourne Represents the Preferred Proposer in US 181 Harbor Bridge Replacement Project
Chadbourne is representing the preferred proposer in connection with TxDOT's procurement for the US 181 Harbor Bridge Replacement Project.
Chadbourne Advises on I-4 Connector Project in Florida
Chadbourne represented a lender in connection with its participation in the financing facilities for the I-4 Connector project in Florida.
Chadbourne Advises on PR 22 Toll Road in Puerto Rico
Chadbourne represented Siemens Financial Services, Inc. in connection with the refinancing of the PR 22 Toll Road in Puerto Rico.
Chadbourne Advises on Goethals Bridge Connecting New York and New Jersey
Chadbourne represented a consortium in connection with the procurement for the Goethals Bridge replacement project between Elizabeth, New Jersey and Staten Island, New York.
Chadbourne Advises on Denver Eagle P3 FasTracks Light Rail Project
Chadbourne represented John Laing in connection with their equity investment in the Denver Eagle P3 FasTracks light rail project.
Douglas Fried's practice focuses on the representation of sponsors, equity investors and lenders in connection with transportation, infrastructure and energy projects. He has been involved in projects in the United States, Latin America, the Middle East and Asia. His practice includes the...