Practice Areas: Infrastructure Redevelopment & Project Finance

Our Infrastructure Redevelopment & Project Finance Group counsels international, regional and national clients in the development, privatization, project financing and acquisition of a variety of infrastructure facilities. Combining transactional experience and regional knowledge with RMDT'S international resources in such practice groups as taxation, international trade & law, corporate & securities and privatizations, our attorneys have worked with consortiums from the United States, Western Europe, Asia and the Middle East to secure, finance and develop numerous regional projects.

Our clients have benefited from the abilities of our attorneys to successfully manage and negotiate complex transactions in such industries as:
  • Oil & gas;
  • Petrochemicals;
  • Telecommunications, including analog, GSM and satellite;
  • Radio and cable television;
  • Manufacturing;
  • Electricity;
  • Financial services;
  • Agriculture;
  • Real Estate; and
  • Transportation
The attorneys assigned to each project are experienced practitioners in finance, equity investing, secured lending, securities offerings and capital markets, and are further tailored to the respective client's industry such as developers, investment banks, commercial banks, multilateral lending institutions and construction firms. Our attorneys assist the client in every phase of the transaction, including the preparation and negotiation of contracts for power purchases, developing commercial contracts and other arrangements, site acquisitions, construction, operation and maintenance, raw materials, transportation, power transmission, structuring joint-ventures or other appropriate vehicles, securing requisite approvals and handling any disputes or dealings that may arise from specialized legal areas. RMDT'S flexibility in properly assembling a team of attorneys, whether large or small, for the respective project insures that the transaction will be completed in a timely and cost-effective manner.

Specifically, RMDT'S industry knowledge and regional experience has played a pivotal role in some of the most significant Romanian power projects, including the proposed power generation and partial privatization arrangements for one of the largest plants owned by Renel, the Romanian national electric utility at the time. Furthermore, RMDT attorneys have structured various syndicated loans, guaranteed by the Ministry of Finance, for Western lenders required by the latter to finance respective short-term energy needs. RMDT is also well positioned to counsel transportation clients interested in highway improvements and development, as well as the redevelopment of shipping channels and ports. The Firm's ability to undertake such complex transactions rests on our formulation of a "commercial paper program" whereby promissory notes issued by the company were sold and traded. Such an issuance has not only assisted clients in obtaining financing for their respective endeavors, but has also provided a superior form of financing, when compared to bank credits which are limited in nature and require a sometimes costly currency exchange. RMDT attorneys have also represented successful bidders in both analog and GSM licenses for cellular telephone networks in the most substantial telecommunications transactions to date in Romania.

Due to the complexity and multi-faceted nature of most projects, RMDT attorneys often find themselves working hand-in-hand with other international law firms from the United States and Europe. Our years of experience in such transactions have allowed us to foster collegial and substantive relationships that enable us to service all the needs, whether large or small, of our clients.