Our world-class project finance team has extensive experience around the globe advising on some of the largest and most complex project developments and limited recourse financings in the energy and infrastructure sectors. We have experience advising on limited recourse financings involving almost all major international financial institutions (including ECAs, DFIs, and MLAs), advising in respect of project bonds, Islamic financings (including sukuk), and many key commercial banks. Our holistic, one-stop business solution, coupled with our overarching commitment to delivering success for our clients, makes us first choice for leading energy and infrastructure companies worldwide.
With our commitment to supporting clients with developing, financing, constructing, and operating major infrastructure projects and facilities and buying, selling, and investing in infrastructure assets and enterprises, we have the deep knowledge necessary to understand risk allocation necessary for an appropriately structured project financing. We understand the contractual, statutory, and practical mechanics and dynamics associated with long-term, limited recourse single-asset financings and we know how to structure projects to attract financial institutions and the investment banking community, while preserving the interests of the sponsors and project.
Clients benefit from our extensive on-the-ground execution capabilities in Asia and the United States.
We are recognized as one of the leading project finance teams in Asia, providing region-wide coverage in all core areas. Led by four partners, our Tokyo and Singapore teams operate globally across industry sectors focused on renewable and conventional power, oil & gas (including LNG), mining, petrochemicals, infrastructure development, and transportation projects. We represent sponsors, lenders, and construction contractors. We also have a dedicated acquisition finance team that benefits from this sectoral experience.
In the U.S., our team in California represents developers and investors in renewable energy transactions, build-transfer agreements, tax equity financings, negotiating supply agreements, construction contracts, and offtake arrangements. Our Washington, D.C. team represents export credit agencies, project sponsors, and multilateral agencies focusing on international project finance, political risk insurance, and cross-border investment transactions, as well as U.S. energy project finance transactions, with a particular emphasis on structuring, lending, political risk, and intercreditor issues.
While we have a global reach and deep experience, our clients especially benefit from our familiarity with U.S. government and multilateral regulations, policies, and practices. In the United States, we identify the tax and financial incentives available for solar, wind, and other alternative energy projects, including U.S. federal tax credits, U.S. Treasury grants, and structuring projects to accommodate tax equity investors. Our regulatory lawyers advise on FERC, OFAC, FCPA, and CFIUS and our state and local U.S. tax lawyers advise and assist project sponsors on potential property tax exemptions, investment tax credits and incentives, rebate programs, and other local incentives. We also advise on structuring transactions to minimize potential transactional taxes, and maximize state and local income and franchise tax incentives.
Chambers USA Nationwide: Climate Change (2011 – 2015) Nationwide: Projects: Renewables & Alternative Energy (2011 – 2015) California: Environment (2009 – 2015) California: Energy: State Regulatory & Litigation (2009 – 2014)
Chambers Global Global: Projects & Energy (2012 – 2015) Japan: Projects & Energy (2013 – 2015) Asia-Pacific: Energy & Natural Resources (2013 – 2015) Canada: Energy Power (Transactional) (2015) China: Energy & Natural Resources (2013 – 2014)
Chambers Asia Japan: Projects & Energy: International (2011 – 2015)
Law360 Project Finance Group of the Year (2012 – 2013)
Legal 500 Latin America Latin America: International Firms: Projects & Energy (2015)
Legal 500 US Energy – Litigation (2009 – 2015) Energy – Renewable/Alternative (2012 – 2015) Energy – Regulatory (2014 – 2015) Environment – Litigation (2009 – 2015) Environment – Transactional & Regulatory (2011 – 2015) Project Finance (2011 – 2015) Land Use/Zoning (2009 – 2015)
Legal 500 Asia-Pacific China: Projects & Energy: International Firms & Joint Ventures (2011 – 2015) Japan: Constructions, Projects & Energy: Foreign Firms (2009 – 2015)
Legal Media Group Morrison & Foerster LLP named one of the Top 10 Clean Technology Firms - CleanTech & Renewable Energy 2015
IFLR1000 USA: Project Finance (2011 – 2015) China: Energy & Infrastructure: Foreign Firms (2015) Japan: Project Finance: Foreign Firms (2010 – 2015) Japan: Energy & Infrastructure: Foreign Firms (2015) Singapore: Energy & Infrastructure (2015)
U.S. News – Best Lawyers Best Law Firms 2015 (Tier 1 Rankings) National: Energy Law National: Environmental Litigation National: Natural Resources Law National: Oil & Gas Law National: Project Finance Law National: Regulatory Energy Enforcement Litigation
Here is what they say about us:
“We look to them to bring depth and knowledge for some very complicated regulatory requirements.” (Chambers USA 2015)
“They’re excellent: high integrity and smart problem solvers.” (Chambers Global 2015)
“A long-standing name in project finance.” (Chambers Asia 2013)
“Morrison & Foerster LLP’s environmental litigators show ‘great strategic capabilities’.” (Legal 500 US 2015)
“Morrison & Foerster LLP is noted for its ‘good response times’ and ‘client-oriented service’ on the energy litigation side, providing a seamless service for energy clients facing litigation, arbitration, enforcement actions and regulatory proceedings.” (Legal 500 US 2014)
“Morrison & Foerster LLP’s energy team…‘performs excellently.’” (Legal 500 US)
Puerto Rico Airport Privatization Named Deal of the Year by Project Finance Magazine.
"They are making a name for themselves in renewables." (Chambers USA 2012)
"…very strong industry knowledge…integrates well with clients…" (Legal 500 US 2012)
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