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.
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.
P3 Bulletin | July 25, 2018
New York City Project Finance and Public Finance partner Roddy Devlin is quoted in this article discussing a recent bill passed by New Jersey legislators that could increase the frequency of public-private partnership (P3) projects.
InfraAmericas | June 26, 2018
New York City public finance and project finance partner Roddy Devlin is quoted in this article discussing the advantages of using a public-private partnership to complete “key public projects that have to be brought in on schedule.”
Project Finance International | June 25, 2018
Project Finance and Public Finance partner Roddy Devlin, together with group leader Ken Lind and partner Virginia Wong, all from New York City, contributed this article on the increasing usage of the P3 model in U.S. infrastructure projects.
The Bond Buyer | June 21, 2018
New York City public finance and project finance partner Roddy Devlin is a guest on the Bond Buyer podcast and shares his experience in public-private partnerships, infrastructure and design build; and discusses Nixon Peabody’s strength in the growing P3 sector.
Law360 | May 24, 2018
Media coverage of the arrival of New York City public finance and project finance partner Roderick “Roddy” Devlin continues with this profile in Law360, which highlights some of Roddy’s largest recent deals, including the $4 billion public-private partnership to upgrade New York’s LaGuardia Airport.
American Lawyer | May 23, 2018
Affordable housing and real estate partner Erica Buckley and project finance and public finance partner Roddy Devlin are both quoted in this article announcing an expansion of our real estate practice in New York City.
Public Finance Alert | 01.29.20
Project Finance International | 06.25.18
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)