“ I especially enjoy advising clients on the complexities and documentation issues that are always at the heart of their energy-related transactions and matters.
Frederick’s (“Rick’s”) practice focuses on international project finance, political risk insurance, and cross-border investment transactions. He also represents clients in U.S. energy project finance transactions, with a particular emphasis on structuring, lending, political risk, and intercreditor issues. His project finance experience comprises new loans, refinancings, restructurings, and workouts for projects ranging in size from $2 million to $2.5 billion, particularly with respect to co-lending among multilateral and bilateral agencies (the Overseas Private Investment Corporation, U.S. Eximbank, and Inter-American Development Bank), commercial bank syndicates, and 144A lenders.
Rick has represented lenders and developers in project financings in Asia, Latin America, the Middle East, and the United States, principally in the power, energy, hotel, and manufacturing industries.
In addition to his international project finance experience, Rick’s political risk‒insurance experience encompasses both insurance and reinsurance of a broad range of equity and debt investments by developers, commercial banks, and capital markets investors.
Prior to joining MoFo, Rick served as Assistant General Counsel to the U.S. government agency OPIC. As senior leader and political risk insurer, he represented the agency in a broad range of global project finance, political risk‒insurance, equity fund, and cross-border investment transactions. He has also shared his expertise in foreign direct investment, international commercial transactions, and international project finance as an adjunct professor for the Georgetown University Law Center, the Washington College of Law at American University, and the George Washington University National Law Center.Show More
Representing DOE as loan guarantor in a limited-recourse project financing for the construction of three concentrating solar thermal electric generating plants, totaling 375 MW, to be located near the Ivanpah Dry Lake in the Mojave Desert.
Representing CH Energy, a New York‒based energy company, in connection with the acquisition, development, and financing of a 20-MW wind power project in Brown County, Wisconsin. Wind turbines, as well as operations and maintenance services, will be provided by Nordex USA, Inc.
Represented IDB as political-risk guarantor with respect to $144,000,000 of currency convertibility and transferability coverage, as well as breach-of-contract coverage, for a loan made by a syndicate of commercial banks and institutional investors to finance a power project in the Dominican Republic.
Best Lawyers in America (2006‒2014 and 2016‒2020)
IFLR1000 US (2014‒2015, 2017)
IFLR1000 UK (2013)
Legal 500 US (2012‒2014)
Legal 500 Latin America (2012)
Legal 500 US (2012)