Joshua B. Nickerson

Joshua B. Nickerson

Counsel, Energy and Infrastructure Projects; Sports
Joshua Nickerson represents clients in transportation, energy, water and sports-related transactional matters. He has more than 20 years of experience arranging and closing complex transactions involving project development and construction, public-private partnerships (P3), debt financings and restructurings, equity investments, corporate and project acquisitions and dispositions, and partnerships and joint ventures.

Bio

Representative transactions include:

United States Federal Credit Programs

  • representing the U.S. Department of Transportation’s Transportation Infrastructure Finance and Innovation Act (TIFIA) credit program in loan transactions for transportation infrastructure projects, including:
    • I-24 Choice Lanes P3 in Nashville, Tennessee
    • Transform66 Outside the Beltway P3 in Virginia
    • Portsmouth Bypass P3 in Ohio
    • Pocahontas Parkway P3 debt restructuring in Virginia
    • Gateway Development Corporation Hudson Tunnel Project
    • Port Authority Midtown Bus Terminal Replacement Project
  • representing the U.S. Environmental Protection Agency’s Water Infrastructure Finance and Innovation Act (WIFIA) credit program in loan transactions supporting water infrastructure projects, including the:
    • City of Lake Oswego (Oregon) wastewater treatment plant replacement P3 and subsequent loan to the City of Lake Oswego
    • Silicon Valley Clean Water Regional Environmental Sewer Conveyance Upgrade (RESCU) and wastewater treatment plant upgrades projects
    • Orange County (CA) Water District for its Groundwater Replenishment System Final Expansion and PFAS Treatment Facilities projects
    • DC Water (WASA) for its Comprehensive Infrastructure Repair, Rehabilitation and Replacement Program, consisting of 20 sub-projects
    • AlexRenew (Alexandria, Virginia) RiverRenew Tunnel System Project

Public-Private Partnerships

  • an existing shareholder in evaluation of proposed expansion of a managed lane network
  • InterAmerican Development Bank in connection with the State of Sao Paulo’s proposed P3 for the development, construction and financing of São Paulo Regional Train (TIC) passenger train service between São Paulo and Campinas and for upgrades to and operation of Line 7 of the Companhia Paulista de Trens Metropolitanos (CPTM)
  • the shortlisted consortium for the Philadelphia 30th Street Station redevelopment P3
  • a consortium in the proposed P3 for St. Louis Lambert International Airport
  • the primary contractor to a bidder for the MBTA Automated Fare Collection System P3 in Massachusetts
  • the shortlisted consortium in the bankruptcy-related auction for the Indiana Toll Road concessionaire

Energy-Related Transactions

  • a leading utility company in connection with a DOE financing and related partnership structure in the American Nuclear Dominance Program
  • Standard Lithium in its development of two lithium extraction projects in Arkansas and its strategic partnership with LANXESS Corp.
  • OPC Energy as lead consortium investor in its acquisition of Competitive Power Ventures from Global Infrastructure Partners
  • EDF Renewable Energy in its acquisition of groSolar, a developer and construction contractor of solar projects
  • Goldman Sachs in connection with an inverted lease tax equity financing for, and acquisition of, residential rooftop solar facilities
  • a client in connection with the development and operation of a network of liquefied natural gas (LNG) and hydrogen truck fueling facilities across the United States
  • Frontier Renewables in the sale of three late-development stage, utility scale, photovoltaic solar power projects in California
  • SolarReserve in connection with a $737 million loan guarantee from the U.S. Department of Energy for the 110 MW Crescent Dunes concentrating solar power project near Tonopah, Nevada

Other Infrastructure

  • Bell Canada in the formation of Network FiberCo, a strategic partnership with PSP Investments to accelerate the development of fiber infrastructure in the U.S.
  • Korea Zinc in a strategic joint venture with the U.S. Department of War and Department of Commerce involving a $7.4 billion investment and financing package to support a state-of-the-art smelter and critical mineral processing facility in Tennessee

Sports-Related Transactions

  • the lenders in term loan financing for a new stadium for the MLS’ Nashville SC
  • the lenders in the construction financing for Audi Field, the stadium for the MLS’ DC United
  • an investor in On Location Events, a major sports and entertainment event hospitality and production provider
  • a shortlisted bidder for the acquisition of the Buffalo Bills
  • the lenders in a revolving credit facility to the Kansas City Chiefs for upgrades to Arrowhead Stadium
  • the lenders in a refinancing of the construction and term loan for Comerica Park, the stadium of the Detroit Tigers
  • the Minnesota Vikings in a refinancing of its limited partner acquisition financing
  • an investment bank in connection with a shortlisted bidder for the bankruptcy sale of the Los Angeles Dodgers
  • lenders in other team acquisition and stadium related financings for the Houston Astros and the Denver Broncos

Credentials

Education

  • J.D., University of Virginia School of Law, 1997
  • M.A., Tufts University, Fletcher School of Law and Diplomacy, 1997
  • B.A., Georgetown University, 1992

Admissions

  • New York
  • District of Columbia

Joshua B. Nickerson

Counsel, Energy and Infrastructure Projects; Sports
joshua.nickerson@skadden.com