Since water and wastewater project financings vary significantly in terms of how they are structured and financed, it is essential that your counsel be thorough, creative and persistent.
With water projects, our knowledge and practice encompasses all the important aspects of project development, such as;
- Developing core contract documents
- Obtaining workable environmental permits
- Project and/or public finance
- Tax advice
- Real estate
- Intellectual property
- Litigation advice
Who we work with
- State and local governments
- Water and wastewater firms
- Construction firms
- Representing the developers on the development, contracting and financing of drinking water and wastewater facilities throughout the United States.
- Serving as counsel to the New York City Municipal Water Finance Authority, we established a variable rate bond structure, established multiple commercial paper programs, and developed a mechanism through the use of subordinate bonds to achieve direct user rate relief from the operating surplus of prior-year operations.
- Serving as counsel to the state of Connecticut’s Clean Water Revolving Loan Program, our firm played key roles in structuring Connecticut’s wastewater fund and clean and safe drinking water fund programs
- Served as bond counsel to the Puerto Rico Aqueduct and Sewer Authority in its first public offering in 18 years ($1.3 billion of senior lien bonds). Drafted master indenture, which made allowance for five separate liens of indebtedness and inter-creditor documentation for existing secured and unsecured indebtedness.
- Representing the builder/operator, we drafted and negotiated the construction and long-term operating contracts for a seawater desalination project in Florida.
- Representing several Rhode Island communities, we negotiated with USEPA an agreement that resulted in the design, construction and financing of that state’s first regional publicly owned wastewater treatment facility.
- Representing the underwriter and conducting an environmental due diligence review for the District of Columbia Water and Sewer Authority.