Mr. Shaw’s project experience includes conventional and renewable electric power projects, professional sports arenas, manufacturing facilities, solid waste and other environmental facilities, and other large, capital-intensive infrastructure projects. Mr. Shaw is experienced in all facets of transactional finance and infrastructure development, representing not only lenders and developers, but also equipment manufacturers, equity investors, offtakers and governmental agencies.
In addition, Mr. Shaw has counseled companies ranging from startups to Fortune 500 corporations on general corporate matters, including loan documentation, equity investments and commercial contracts.
In recent years, Mr. Shaw has counseled clients in a variety of energy projects, including:
a U.S. private equity fund in the proposed acquisition of a hydroelectric project in Laos;
Enel Green Power North America in the sale to GE Energy Financial Services of an interest in a 760 MW portfolio of wind, solar, geothermal and hydroelectric power projects, as well as related ownership arrangements;
First Solar in its:
- Wisconsin Public Service in:
- the development and proposed acquisition of the 150 MW Badger Hollow solar project from Invenergy; and
- the development and proposed acquisition from NextEra of the 150 MW Two Creeks solar project;
an investor in its purchase of convertible preferred stock in an energy storage
a wind developer in the development and sale of a large wind power project in Texas;
three Caribbean utilities in the development of solar, wind and geothermal power projects; and
the U.S. Virgin Islands Water and Power Authority in RFPs and the subsequent power purchase arrangements for several solar projects and for proposed waste-to-energy facilities on the islands of St. Croix and St. Thomas.
- sale of the 280 MW California Flats solar project to a fund managed by Capital Dynamics;
- tax equity investment by affiliates of GE and Goldman, Sachs in the 250 MW Moapa solar power plant on an Indian reservation in Nevada, and the subsequent sale of the sponsor equity interest to a fund managed by Capital Dynamics;
- development of the 141 MW Luz del Norte project in Chile and the financing of the project by OPIC and IFC;
- sale to Southern Power Company of three solar projects in California; and
- investment in a solar technology and development company;
In the infrastructure sector, Mr. Shaw’s transactions include representation of:
- a European construction contractor in joint venture, concession and construction contracts for a road project in the Caribbean;
- the owners of an NFL football team in the acquisition of a minority interest in the team;
- the lenders in the refinancing of the Denver Broncos football stadium; and
- the U.S. Department of Transportation, as lender under the Railroad Rehabilitation & Improvement Financing (RRIF) credit program, in the proposed financing of a railroad bridge rehabilitation.
Mr. Shaw recently was reappointed by the U.S. secretary of commerce to the Renewable Energy and Energy Efficiency Advisory Committee, advising the secretary on improving the international competitiveness of the U.S. clean energy industry.
Mr. Shaw is a frequent speaker at conferences and seminars, and has published articles on topics as diverse as corporate procurement of renewable electric power, structuring energy projects for university campuses and legal reform in Latin America, in journals such as the Georgetown Journal of International Law and Public Utilities Fortnightly.