SAN FRANCISCO - March 5, 2012 – Morrison & Foerster is pleased to announce that Michael Ginsburg has joined the firm as Of Counsel in the Project Finance and Development Group. He is based in the firm's San Francisco office. His arrival complements the recent addition of San Francisco-based partner, Joel Friley, as the firm's global projects practice continues to expand.
Mr. Ginsburg represents independent power producers on the development, financing and acquisition of a wide range of projects, including fossil-fuel and renewable energy projects. His renewable work includes solar, wind, geothermal, landfill gas, and biomass projects. Mr. Ginsburg regularly represents developers in the negotiation of renewable and conventional power purchase agreements.
"Our firm has established itself as a go-to advisor for project transactions in Latin America and Asia, and we have recently focused our efforts on building our capabilities to serve clients in the fast-growing U.S. market," said Michael Graffagna, chair of Morrison & Foerster's Project Finance and Development Group. "Mike's industry expertise and proven skill in structuring traditional and renewable energy project deals enhances our capabilities in California's important energy marketplace and throughout the United States."
Mr. Ginsburg said, "This is an exciting time to join Morrison & Foerster and I look forward to contributing to the continued growth of the Project Finance and Development Group."
Law360 recently named Morrison & Foerster its Project Finance Group of the Year. The firm is one of the U.S. Department of Energy's core counsel for its $38.5 billion loan guarantee program to support renewable technology. As part of this initiative, Morrison & Foerster has been involved in seven separate project financing transactions in the renewables sector, including a $1.6 billion loan guarantee to support the Ivanpah Solar Energy Generating System in the Mojave Desert in California. Morrison & Foerster's recent work outside the U.S. includes representing a Japanese consortium in the $1.4 billion financing of the Caserones Copper & Molybdenum Mining Project in Chile.