Partner Presents on Environmental Risk in Power Projects
July 15, 2009
The Obama administration’s stimulus package and other government incentives have brought energy and infrastructure projects to the forefront of the national agenda. Project financing, with its reliance on large amounts of limited-recourse debt, has long served as an attractive mechanism for these capital-intensive infrastructure projects.
New York Partner Philip Karmel will join key players in project finance and renewable energy to present a comprehensive introduction to the principles and structure of project finance transactions July 20-22 at the Princeton Club in New York.
The program will help project sponsors, borrowers and other market participants understand how best to structure deals to take advantage of new incentives, as well as to address current economic conditions, including tight financial markets and unusually strict lending standards.
Karmel’s presentation will discuss the environmental review process, including how to identify and help mitigate environmental risk. He will cover key environmental issues encountered during the financing of new power projects and in the acquisition of existing facilities.
Karmel’s practice focuses on environmental counseling and litigation, land use and real estate litigation and the defense of toxic tort actions. He is a frequent author and lecturer.