Managing Partner

London

+44 203 892 7777

Notable practitioner


Bar admissions:

California
District of Columbia
England & Wales
New York

Jurisdictions:

United Kingdom
United States

Practice areas:

Project development
Project finance

Industry sectors:

Energy


Jason has substantial experience representing developers, host governments and lenders in project development, finance and sale and acquisition transactions involving a variety of energy, infrastructure and real estate development projects. He has structured, negotiated and documented joint venture, capacity, gas and fuel supply, power purchase, concession, construction, and operation and maintenance transactions on behalf of developers, contractors and host governments worldwide. His work also includes regular representation of borrowers and sponsors in various financing transactions, including asset-based and project finance loan facilities.

Jason’s work includes regular representation of sponsors, owners and bidders in various financing, sale and acquisition, bid solicitation and other commercial transactions. He has particular expertise in structuring commercial and financing transactions in highly regulated industries, including nuclear energy. His energy sector experience spans conventional power, geothermal, on-shore and off-shore wind, solar, nuclear, battery storage and other alternative energy projects, in addition to natural gas, refinery and petrochemical projects.

Recently, Jason has been engaged as lead counsel to an international government client in connection with all aspects of commercial and financing arrangements for a new build nuclear power project in the Middle East, including a $24.4 billion USD financing, which received the “Public Sector Financing Deal of the Year” award at the IJGlobal Awards 2016 for the Middle East & North Africa region; the “Global Finance Deal of the Year: Projects (Middle East)” award as announced by The American Lawyer; and the “Project Finance Deal of the Year” at the 2017 International Financial Law Review Middle East Awards.

In addition, Jason recently concluded the successful representation of a MENA-based sponsor in connection with the development and financing of a new oil refinery project and corresponding captive conventional power plant, the $4.6 billion USD multi-sourced financing of which was awarded “Middle East Petrochemical Deal of the Year” at the 2018 PFI Awards and the “Downstream Oil & Gas Deal of the Year” at the IJGlobal Awards 2018 for the Middle East & North Africa region.

Among other notable transactions, Jason acted as lead counsel in the negotiation and structuring of a power purchase agreement with a nominal value of nearly $300 billion USD, making it one of the single largest commercial contracts in history. Jason recently acted as counsel to a developer for the structuring of financing and construction arrangements for a new build nuclear project in the United Kingdom. He also acted as lead counsel to the developer of Mexico’s first private geothermal power project.

Jason is one of the only attorneys worldwide that has actually structured project, commercial and financing arrangements for a nuclear new build project in a country new to nuclear energy, and successfully secured debt financing commitments against those project arrangements after full bankability review and due diligence by multiple international lenders, including export credit agencies. He is one of exceedingly few lawyers that has first-hand, market-tested data on a spectrum of financing options for new nuclear projects, including limited recourse and structured finance options.

Jason has negotiated transactions in the United States, the Middle East, Europe, Latin America and Asia. He is a graduate of Yale Law School and is admitted to practice in New York, Washington D.C., California, and England & Wales. Jason has authored several publications and had numerous speaking engagements across the world, including the United States, India, Poland, China and the United Arab Emirates on topics related to developing and financing nuclear power and renewable energy projects.

Jason has represented many commercial and investment banks in a variety of financing transactions ranging from single-asset power plant financings to multi-billion dollar, multi-lien combined bank and capital market financings.

In addition, Jason represents developers ranging from independent power producers to large nuclear utilities in connection with the development, construction and financing of various energy-related projects. Jason has been involved in the following representative projects:

Representation of a Middle Eastern government sponsor in connection with the restructuring of the entire corporate governance and contractual framework of a new-build nuclear power project in order to align decision making processes and address the new regulatory requirements in the context of nuclear and operational oversight

  • Representation of a Middle Eastern government sponsor in connection with restructuring the financing of, and raising new debt capital for, a new-build nuclear power project
  • Representation of a Middle Eastern government sponsor in connection with all aspects of development and financing of a new-build nuclear power project, including:

-joint venture arrangements involving the Middle Eastern host country government and the technology exporter;

-financing and offtake arrangements;

-insurance matters during construction and operation, including nuclear liability analysis and nuclear insurance pool formation;

-analysis of nuclear liability regimes and review of draft laws to implement nuclear liability conventions;

-review of construction oversight and operation and maintenance arrangements with the nuclear regulatory authority to obtain required approvals relating to foreign participation in plant ownership and nuclear licensing;

-regulatory matters involving the federal nuclear authority and the International Atomic Energy Agency; and

-application for and negotiation of the first nuclearized electricity generation license issued by the local regulation and supervision bureau

  • Representation of a developer in connection with the structuring of bankable project, EPC and commercial arrangements for a nuclear new build project in Europe, including analysis of limited recourse options and implications for state aid review by the European Commission, analysis of shareholders’ respective rights in connection with a bankrupt entity filing for reorganization under Chapter 11 of the United States Bankruptcy Code, and advising on a purchase and sale transaction under which ownership has been consolidated in a single shareholder
  • Representation of a developer in connection with the development and financing of an oil refinery and related infrastructure projects in the Middle East, including structuring of the power and water purchase agreement and associated financing of the captive power plant
  • Representation of a large continental Western European utility company in connection with a joint venture arrangement for an offshore wind energy generation facility anticipated to be located off the shore of California
  • Representation of a joint owner in connection with the development, construction and operation of transmission lines from New Mexico to Arizona and associated switchyards and substations necessary to provide for planned interconnections with the underlying high voltage transmission system in New Mexico and Arizona 
  • Representation of a large international contractor in connection with various operation and maintenance and warranty settlement agreements for wind projects in North America
  • Representation of a self-supply developer in connection with negotiating an EPC contract and financing commitments for the first privately developed geothermal power plant in Mexico’s history
  • Representation of an investment bank lead arranger in connection with a term financing for two natural-gas-fired power projects in the United States
  • Representation of commercial bank lenders in connection with a construction financing for a natural-gas-fired power project in the United States
  • Representation of a renewable energy division of a large oil and gas company in connection with documentation for the installation and financing of distributed photovoltaic solar generating installations
  • Representation of a utility in connection with the negotiation of construction documentation to retrofit a coal-fired generating facility with a filtration system to control emissions
  • Representation of a commercial bank lead arranger in connection with a construction and term financing for a portfolio of distributed solar generating projects
  • Representation of commercial bank lead arrangers in connection with a construction and term financing for a wind farm in the United States
  • Representation of a commercial bank lead arranger in connection with a term re-financing for a wind farm in the United States
  • Representation of a utility in connection with the term financing of a liquefied natural gas receiving terminal in Latin America
  • Representation of an international developer in connection with a capital markets portfolio financing for various geothermal power plants in the western United States
  • Representation of an investment bank lead arranger in connection with a second-lien real estate-secured construction financing with commitments in excess of a quarter billion dollars for a resort in the Middle East
  • Representation of a satellite technology developer in connection with various corporate credit facilities
  • Representation of a commercial bank lead arranger in connection with a combined term loan and preferred equity financing fora natural-gas-fired power project located in the United States
  • Representation of a utility in connection with the negotiation of capacity agreements for a liquefied natural gas receiving terminal in the United States
  • Representation of a resort developer in connection with a multi-billion dollar financing for the development and refurbishment of hotel, gaming and resort properties in the western and eastern United States
  • Representation of an international resort developer in connection with a multi-billion dollar financing for the development and construction of a hotel, gaming and resort properties in Eastern Asia
  • Representation of an investment bank lead arranger in connection with a several hundred million dollar real-estate-secured construction financing for a casino and resort property in the eastern United States, and various associated work-out transactions
  • Representation of an investment bank lead arranger in connection with a secured bridge financing for the development of a casino property in the United States
  • Representation of an international gaming and resort developer in connection with the acquisition of a gaming property and associated intellectual property rights, and various associated transactions to isolate such intellectual property rights for use in re-branding efforts
  • Representation of a resort developer in connection with its multi-billion dollar financing for a hotel, gaming, convention and resort property in the eastern United States
  • Representation of a developer of senior living facilities in the United States in connection with various acquisition and financing transactions
  • Representation of a hotel developer in connection with the refinancing of a hotel property in Southern California
  • Representation of a commercial bank in connection with the refinancing of a hotel property in the central United States
  • Representation of a landowner in connection with the leasing of multiple land parcels to a solar developer for the purposes of building, owning, maintaining and operating utility-scale photovoltaic solar power generating facilities

  • Financing Arrangements
  • Offtake & Capacity Contracts
  • Joint Ventures & Acquisitions
  • EPC & Construction Contracts
  • Real Estate
  • O&M Arrangements & Services Contracts

  • Geothermal
  • Nuclear
  • Solar
  • Wind
  • Fossil Fuels 
  • Infrastructure & Real Estate

  • England & Wales (Solicitor) 
  • New York
  • California
  • District of Colombia

  • JD, Yale Law School
  • BA, Pomona College, magna cum laude