Matt Henegar is a member of the Project Finance, Banking, and Derivatives Practices and the former Local Chair of the New York Finance Department.
Mr. Henegar represents financial institutions, developers, and private equity sponsors in all phases of the development, financing, and restructuring of power, renewable energy, oil and gas, and other infrastructure projects. He has worked extensively on projects involving a wide range of financing structures, as well as complex intercompany asset sharing and intercreditor arrangements.
His experience also includes work on highly structured asset lien-based commodity hedging transactions and related intercreditor arrangements, in addition to extensive involvement with federal and state guarantee and incentive programs for renewable and alternative energy projects (including the DOE loan guarantee programs and related applications).
Mr. Henegar is recognized as a leading project finance attorney by Chambers USA and Chambers Global. He is also recommended by The Legal 500 US for Project Finance, Energy Transactions, and Energy: Renewable/Alternative. Law360 named Mr. Henegar a 2020 MVP for notable legal work in Project Finance.
Mr. Henegar's experience includes representing:
- Morgan Stanley in the Longview Power Coal-Fired Plant, a US$325 million project financing in connection a 695-MW coal-fired electric generation facility and associated mining facility in West Virginia and Pennsylvania
- Morgan Stanley in the Eastern Power Generation Portfolio, a US$200 million project financing in connection with a portfolio of five gas-fired electric generation facilities in Illinois, Ohio, Michigan, and New York
- Sovereign Bank and Prudential in the California Ridge Wind Energy Project, a US$444 million project financing in connection with a 214.4-MW wind farm to be located in Champaign and Vermilion Counties, Illinois
- Sovereign Bank and Prudential in the Arlington Valley Solar Energy II Project, a US$465 million project financing in connection with a 127-MW photovoltaic solar electric generating facility to be located in Maricopa County, Arizona
- Goldman Sachs and Citibank in the Desert Sunlight Solar Project, a US$2.9 billion project financing in connection with a 550-MW solar photovoltaic power plant to be located in Riverside, California
- Barclays Capital in the refinancing of US$275 million project debt in connection with Race Point Power's portfolio of 19 power plants across the US and Spain
- Barclays Capital in a US$210 million project financing in connection with Riverstone's acquisition of seven power plants from Morris Energy Group, a US independent power producer
- Boston Generating LLC in its chapter 11 bankruptcy proceedings relating to its portfolio of gas-fired power plants in New England, representing 2,942 MW of generating capacity
- Noble Environmental Power in the US$741 million construction financing of three wind farms in New York
- Q-Chem II in the development and financing of an approximately US$2 billion petrochemical project in Qatar