Frank C. Shaw’s practice has focused for more than 25 years on the development and finance of international and U.S. power and infrastructure projects, and on the acquisition and sale of power projects and independent power companies.

Bio

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 start-ups to Fortune 500 corporations on general corporate matters, including loan documentation, equity investments and commercial contracts.

In recent years, Mr. Shaw has counseled:

  • 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:
    • investment in a solar technology and development company;
    • sale to Southern Power Company of three solar projects in California;
    • development of the 141 MW Luz del Norte project in Chile and the financing of the project by OPIC and IFC;
    • 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;       
    • sale of the 280 MW California Flats solar project to a fund managed by Capital Dynamics.
  • an investor in its purchase of convertible preferred stock in an energy storage technology company.
  • 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.

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.

Credentials

Education

  • J.D., University of Michigan, 1988 (cum laude; Associate Editor and Contributing Editor, Michigan Law Review)
  • A.M., Harvard University, 1985
  • A.B., Harvard College, 1985 (cum laude)

Admissions

  • New York
  • District of Columbia

Frank C. Shaw

Counsel, Energy and Infrastructure Projects
frank.shaw@skadden.com