Project Finance Law360 provides breaking news and analysis on high-impact project finance deals and attorneys involved. Coverage includes major industrial, infrastructure, and public service projects, as well as related litigation and policy developments.
Although there was a record-setting amount of capital committed to private equity funds focused on infrastructure investments last year, much of the money went to the largest players in the sector, highlighting the difficulties faced by less-experienced fund managers and underscoring the need for attorneys who can help them stand out.
Citigroup Inc. said Tuesday that it has issued its first green bond, which will be used to fund renewable energy and conservation efforts and was issued via €1 billion ($1.1 billion) three-year fixed-rate notes.
Holliday Fenoglio Fowler LP on Tuesday said it helped secure $171.5 million in refinancing from real estate investment firm Square Mile Capital Management LLC for a mixed-use project that comprises roughly 750,000 square feet of retail, residential and office space in a suburb of Cleveland.
The U.S. Supreme Court on Tuesday refused to review a Fourth Circuit decision that it didn't have jurisdiction to consider a constitutional challenge to the Federal Energy Regulatory Commission's eminent domain authority from owners of land in the path of the $4.6 billion Mountain Valley natural gas pipeline.
Pacific Gas & Electric Co. told the U.S. Securities and Exchange Commission on Tuesday that it has secured $5.5 billion in debtor-in-possession financing to keep it operating through what it expects to be two years in Chapter 11.