Jeffrey B. Greenberg

  • Partner
  • Ejeffrey.greenberg@lw.com
  • 355 South Grand Avenue, Suite 100
  • Los Angeles, CA 90071-1560
  • USA
  • T +1.213.485.1234
  •  
 

Profile

Jeff Greenberg is Latham & Watkins’ Global Project Development & Finance Practice Chair. He is a former member of the firm’s Executive Committee as well as Managing Partner for the Los Angeles office. Mr. Greenberg was previously Vice Chair of the US Finance Department.

Mr. Greenberg represents financial institutions and private equity sponsors, as well as public and private companies, in connection with all phases of the development and financing of power (including gas, coal, wind, solar, landfill gas, biomass, and geothermal-fired power plants), oil refinery, ethanol, telecommunications, petrochemicals, fertilizer, and other infrastructure projects. Mr. Greenberg's experience includes the structuring and negotiation of financing arrangements, project contracts, secured commodity hedge agreements, and extensive experience in mergers and acquisitions of power plants.

Mr. Greenberg was named 2017 Project Finance Attorney of the Year by Power Finance & Risk and honored as an Energy & Environmental Trailblazer by the National Law Journal in June 2017 for his career accomplishments. Mr. Greenberg was cited as a leading project finance attorney from 2004 – 2018 and ranked Band 1 for Projects Nationwide from 2014 to 2019 by Chambers USA and Chambers Global. Overall, Mr. Greenberg has been ranked by Chambers for over 15 years. Chambers USA cited Mr. Greenberg as a “top of the list for power” project finance lawyer with particular experience in “the development and financing of the full range of energy and natural resource projects.” He is recognized as a Leading Lawyer for Project Finance, Energy Transactions, and Renewables by The Legal 500 US 2015 – 2018. He has also been recognized as a notable practitioner in IFLR1000 2018. Who's Who in Project Finance cited Mr. Greenberg as “one of the premier project finance lawyers in the world.”

 

Experience

A sampling of Mr. Greenberg's experience includes representing:

Gas and Coal Fired Power Generation:
  • AES Corporation in the private placement and bank financing for its AES Southland portfolio construction financing, which earned Project Finance International's 2017 Deal of the Year
  • Barclays and Citibank in connection with the financing of the Linden power project and Morgan Stanley in connection with its refinancing
  • BNP Paribas, Citibank, GE, and Union Bank in connection with the project financing of the Freedom power plant
  • BNP Paribas and Credit Agricole in connection with the project financing for the construction of the Middletown power plant
  • BNP Paribas, Bank of America, and Credit Agricole in connection with the construction financing of the Hickory Run power project, which earned IJGlobal’s 2017 Power Deal of the Year
  • Credit Agricole in connection with numerous financings, including Southwest Generation and Calpine’s Los Esteros construction financing
  • Credit Agricole, ICBC, Investec, and Bank of America in connection with the project financing of the Lordstown power plant
  • Castleton Commodities in connection with the financing of a portfolio of power projects
  • Energy Capital Partners in connection with the financing of the Broad River power project
  • EquiPower in the financing of the Lake Road, Milford, Dighton, Liberty, Kincaid, Elwood, and Masspower projects
  • ING and Union Bank in connection with the project financing of the Kings Mountain power plant
  • The lenders in connection with the financing of Calpine’s Morgan, Otay Mesa, and Freeport projects
  • LS Power Development in connection with the financing of the West Deptford power project
  • MUFG Union Bank in connection with the financing of a portfolio of power projects owned by Northern Star Generation
  • UBS, Citibank, and Goldman Sachs in connection with the financing of the Longview power project
  • Panda in connection with IJGlobal's 2015 North American Merchant Power Deal of the Year - the financing of its Hummel Station Project; IJGlobal's 2014 North American Merchant Power Deal of the Year - financing of Stonewall's Power Project; as well as the financing of Patriot, Liberty, Sherman, and Temple projects
Renewables:
  • AES and Grupo Bal in connection with the construction financing for the Mesa La Paz wind project in Mexico, which earned IJGlobal’s Latin America Wind Deal of the Year for 2018
  • Credit Agricole in connection with the Green Frontier Wind Portfolio Financing
  • Sempra Energy on an ongoing basis in connection with the financing of its Copper Mountain 1, 2, and 3 solar projects and its Broken Bow wind project
  • Citibank and Union Bank in connection with the back-leverage financing of an interest in a portfolio wind farms owned by Nextera; the Western Renewables financing was awarded North America Power Deal of the Year for 2018 by Project Finance International
  • Sunnova Energy Corporation, a residential solar company, in connection with a term loan financing
  • The lenders and noteholders in a bank and private placement financing of the Texoma portfolio of wind projects owned by Duke Energy
  • Dexia and Natixis in connection with the financing of Invenergy’s Beech Ridge wind power project
  • DZ Bank, ING Capital, and Union Bank in connection with the financing of a portfolio of landfill gas power projects owned by EIF
  • Union Bank in connection with the financing of a portfolio of landfill gas, biogas, and distributed solar power projects owned by Ameresco
  • Orion Energy in a financing of a company that provides C&I energy efficiency solutions
Power M&A:
  • Energy Capital Partners in its take-private transaction of Calpine Corp
  • Energy Capital Partners in connection with the acquisition and related financing of 14 hydroelectric and coal-fired power plants from Northeast Utilities, which earned Project Finance magazine's 2006 Deal of the Year, as well as other transactions including those related to AES Red Oak, Broad River, Odessa, and Empire
  • LS Power in connection with multiple acquisitions and financings located throughout the US, including transactions related to the Moss Landing, Arlington Valley, Griffith, Tilton, Doswell, Blythe, Calhoun, Riverside, Cherokee, South Bay, University Park, and Safe Harbor projects
  • First Reserve in connection with the acquisition and sale of various power plants throughout the United States
  • Gradient Resources Inc. in connection with the construction and cash grant financing for the Patua geothermal project
Oil and Gas:
  • First Reserve in connection with a sale-leaseback transaction involving PEMEX
  • Gulf Oil in connection with a term loan and ABL financing
  • Barclays in connection with the financing of Hunt Refining
  • Barclays in connection with the financing of the Houston Fuel Oil Terminal Company
  • The arrangers in connection with the project financing of the coker upgrade program for Hovensa L.L.C., a joint venture of Amerada Hess Corporation and PDVSA
  • Orion Energy in connection with the financing of the Keystone terminal
Petrochemicals:
  • Sasol in connection with the development and financing of a multi-billion petrochemical facility in Louisiana, which earned IJGlobal’s 2014 North American Petrochemicals Deal of the Year and Project Finance International’s 2014 Americas Petrochemical Deal of the Year    
  • PTT Global Chemicals in connection with its on-going development of a petrochemical facility in Ohio
Others:
  • Energy Solutions in connection with its term loan B financing
  • LS Power in connection with the financings of the DesertLink, Republic, and Silver Run transmission projects, which earned IJGlobal’s North America Transmission/Distribution Deal of the Year for 2018
  • LS Power in connection with the financing of the Cross Texas transmission line
  • Orion Energy in connection with a senior secured loan to the Tiger Group
  • Pacific Ethanol, Inc. in connection with the construction and financing of ethanol production facilities (including the Euromoney's 2007 North America Deal of the Year)
  • Quintillion in connection with the financing of a fiber optic telecommunications network in Alaska
Bar Qualification
  • California
Education
  • JD, Northwestern University School of Law, 1996
  • BA, University of Southern California, 1993
Industries
  • Oil & Gas
  • Power
Practices
  • Project Development & Finance
  • Banking
  • Derivatives