Roddy Devlin is a partner in Nixon Peabody’s Project Finance and Public Finance group. He has extensive project finance experience and is a globally recognized leading lawyer in the public-private partnership(P3) space. Roddy is a sought after writer and speaker on P3-related topics. He has received recognition from both Chambers USA and Chambers Global for his work.
I assist private and public sector parties in developing, financing, consummating, operating and maintaining significant infrastructure projects domestically and overseas, with a particular focus on P3s.
On the private side I represent project sponsors, lenders, underwriters and construction companies in their P3 and project development efforts in a wide range of sectors. No two projects are the same and no two sectors are the same. With this in mind, I ensure that my team includes the sector and subject matter experts required to provide my clients with optimal outcomes.
I have also assisted a number of public entities in coming to the market with their first P3 projects. P3s raise myriad complicated issues for the public sector owner. I assist my public sector clients in assessing and properly allocating the key project risks among project participants in a manner that serves the goals of the owner and the needs of public users.
I have been involved in P3 transactions across the United States, the Caribbean, South America and Europe. These projects have involved roadways, airports, bridges, ports, water projects and entertainment assets. For example, I advised the bond issuer in connection with the multi-source financing of the $4 billion LaGuardia Airport Central Terminal P3 project in New York City, procured by The Port Authority of New York and New Jersey. The $2.6 billion of bonds issued for this project is the largest bond issuance to date for a U.S. P3 project.
There is wide recognition that U.S. infrastructure—from roads, bridges and airports to water systems, schools and civic buildings—requires significant new investment, both to maintain existing assets at an acceptable level and to add necessary additional assets.
I believe that P3s will be an important part of the solution. Although not right for every project, a properly structured P3 can tap the technical know-how and efficiencies of the private sectors, as well as private sector financing, while allowing the public owner to continue its traditional role of ensuring that infrastructure assets are properly operated and maintained to meet the needs of the public users.
Inframation | August 23, 2021
This article analyzing public-private partnerships within the courthouse sector extensively quotes New York City Project Finance & Public Finance partner Roddy Devlin for his thoughts on P3 procurement, the maintenance standards that make P3s attractive, and traditional tax-exempt finance procurement.
P3 Bulletin | April 21, 2021
In article on President Biden’s infrastructure plan, the American Jobs Plan, New York City Project Finance & Public Finance partner Roddy Devlin is quoted extensively on the plan’s unique aspects, how it’s redefining the definition of infrastructure, and his outlook on public-private partnerships.
The Bond Buyer | April 13, 2021
In this podcast episode on President Biden’s American Jobs Plan, New York City Project Finance & Public Finance partner Roddy Devlin is featured as a guest to discuss his outlook, including how the plan is redefining the definition of infrastructure to encompass broadband and electric-vehicle charging stations, among other areas.
Inframation News | April 01, 2021
In this podcast episode on President Biden’s federal infrastructure investment proposal, the American Jobs Plan, New York City Project Finance & Public Finance partner Roddy Devlin is featured as a guest to discuss the plan’s unique aspects and how it could further incentivize public-private partnerships.
Inframation News | March 03, 2021
This article on the American Society of Civil Engineers’ 2021 Report Card for America’s Infrastructure quotes New York City Project Finance & Public Finance partner Roddy Devlin for his optimistic outlook on U.S. infrastructure.
Law360 | March 03, 2021
This article, focusing on the American Society of Civil Engineers’ 2021 Report Card for America’s Infrastructure, quotes New York City Project Finance & Public Finance partner Roddy Devlin for his bullish outlook on a comprehensive infrastructure investment plan out of the Biden administration.
The Washington Post | November 08, 2020
In this article on a forbearance agreement between the concessionaire of Maryland’s Purple Line transit project and the bank representing bondholders, New York City Project Finance & Public Finance partner Roddy Devlin provides third-party commentary on what the forbearance agreement means in practical terms.
Project Finance International | June 16, 2020
Project Finance & Public Finance partners Roddy Devlin, in New York, and Angelica Valencia, in Los Angeles, contributed this article on their outlook on P3s in the airport industry, and the downstream effect of COVID-19 on new project development.
The Bond Buyer | December 20, 2018
The Bond Buyer’s story on the arrival of New York City Project Finance and Public Finance partner Roddy Devlin at Nixon Peabody was the third most-read article of 2018.
Bond Buyer | October 01, 2018
New York City Project Finance & Public Finance partner Roddy Devlin is quoted in this story about the advantages of using a design-build model for the pending reconstruction of a portion of the Brooklyn-Queens Expressway.
Inframation News | October 01, 2018
New York City Project Finance & Public Finance partner Roddy Devlin is quoted in this article about new legislation in New Jersey designed to expand to state’s ability to improve infrastructure through P3 projects.
04.22.21 | Virtual Event
08.12.20 | Webinar
03.02.20 | Dallas, TX
11.14.19 | Denver, CO
07.22.19 | San Diego, CA
09.26.18 | Webinar
University of Pennsylvania, LL.M.
The University of Edinburgh, Diploma, Legal Practice
University of Aberdeen, LL.B.
Fellow of the American College on Investment Counsel (ACIC)