Recommended for his project finance practice.Legal 500 US 2015

David J. Penna

Washington, D.C.
  • 555 Eleventh Street, NW
  • Suite 1000
  • Washington, D.C. 20004-1304
  • USA
 
 

David Penna is a partner in Latham & Watkins' Washington, D.C. office, and a member of the Project Development and Finance Practice. Mr. Penna has represented lenders, developers and governmental entities in all phases of the development and financing of US and international projects, particularly in the energy, oil and gas, and infrastructure sectors. He also has significant mergers and acquisitions experience, with a focus on deals involving power generation assets.

Selected experience includes representation of:

  • The sponsor in the project financing of an approximately 720 MW natural gas-fired combined-cycle power generation facility in Wawayanda, New York
  • The sponsor in the project financing of an approximately 414 kilometer natural gas pipeline and associated compression facilities in the states of Chihuahua and Durango, Mexico
  • The sponsor in the amendment and restatement of the project financing of an approximately 725 MW natural gas-fired combined-cycle power generation facility in Woodbridge, New Jersey
  • The sponsor in the development and financing of a 30 MW offshore wind power project in Rhode Island
  • The sponsor in the project financing of a 725 MW natural gas-fired combined-cycle power generation facility in Charles County, Maryland. This transaction was named “North American Power Deal of the Year” by Project Finance International (PFI)
  • The lender and note purchasers in the bank and bond financing of a portfolio of photovoltaic solar power projects in Ontario, Canada
  • The sponsor in the project financing of an approximately 725 MW natural gas-fired combined-cycle power generation facility in Woodbridge, New Jersey
  • The lender and note purchasers in the bank and bond financing of a solar power project in Modesto, California
  • The lender group in the project financing, and of the lenders and note purchasers in the subsequent bank and bond refinancing, of a portfolio of six wind power projects totaling 138 MW in Idaho
  • The lender group in the project financing and subsequent refinancing of a natural gas pipeline and associated compression facilities (and relocation of existing compression facilities) in Queretaro, Mexico
  • The sponsor in the development of a large-scale petrochemical facility to be located in Alvin, Texas
  • The sponsor in the financing of a senior secured revolving credit facility in respect of natural gas gathering pipeline systems and associated storage assets in Texas and Colorado
  • The sponsor in the development of a 2x300 MW coal-fired power facility in the Philippines
  • The lender group in the back-levered financing of a sale/leaseback transaction in respect of a 102.5 MW wind power project in California
  • The lender group in connection with the construction and term financing of a brownfield natural gas peaking power facility in Connecticut
  • The purchaser in the purchase of a portfolio of power assets from Dominion with a combined rating of approximately 1600 MW
  • The lender group in the project financing of a 166 MW wind power project in Kansas
  • A foreign sovereign in connection with the development of a liquefied natural gas import facility and related infrastructure
  • The lender group in the project financing of a 150 MW wind power project in California
  • The seller in the sale of a development stage wind power project in Michigan to John Deere Renewables
  • The lender group in the project financing of a 130.5 MW wind power project in Indiana
 
 
 
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