Governments and public sector
We don’t just advise on the law – we help shape it.
Whether it’s developing and applying regulations, procuring public services or privatizing assets, public institutions know our experience adds value to their operations.
Our clients span a number of public-sector organizations, including central banks, monetary policy organizations, government- and state-owned enterprises, public-private partnerships, supranational bodies, regulated industries and the regulators themselves.
We’re a member of a number of bodies that promote understanding between the private and public sectors. We also meet with policymakers to understand their views and discuss how their ideas might impact businesses.
Advising the State of Colorado (the Colorado Department of Transportation (CDOT), High Performance Transportation Enterprise and Bridge Enterprise) on the procurement of the $1.2bn Central 70 Project, the largest project in CDOT’s history, using a public-private partnership model.
This project involves reconstructing a 10-mile portion of interstate I-70 in Denver (the fastest growing large city in the United States), removing an aging viaduct, lowering a portion of the interstate and placing a four-acre park over that lowered portion. The project is expected to be financed with a federal loan and project bonds. The project award is anticipated in March 2017, with financial close expected during the summer.
Advising the UK’s Ministry of Defence (MOD) on the letting of a concession to Solent Gateway to manage and exploit the commercial potential of Marchwood Military Port.
Marchwood Military Port is a 225-acre facility on Southampton Water. It has been in continuous use since 1943. The MOD has awarded Solent Gateway a 35-year concession to commercially develop the port, while ensuring no reduction or interruption to the provision of core military services. The deal involves innovative partnering and profit-sharing mechanisms so that the MOD benefits from the development of the port over the full life of the concession.
Advising the US government’s development finance agency, the Overseas Private Investment Corporation, on a $250m limited-recourse financing to Apollo Towers Myanmar.
Apollo is a cell phone tower company incorporated in Myanmar, and an indirect subsidiary of, among others, TPG Growth and Tillman Global Holdings (which is owned by ex-Orange CEO Sanjiv Ahuja). TPG Growth’s investment in Apollo was its first investment in Myanmar, and the first in the country by a leading Western private equity firm. Most of the loan will be used to construct, operate and maintain a network of cell-phone towers and related power infrastructure across Myanmar.
Advising the Kingdom of Denmark, as majority shareholder, in connection with the initial public offering by DONG Energy.
DONG Energy is an offshore wind power company and a leading Danish utility business. The IPO involved a partial sell-down by existing shareholders and valued the company at over $15bn, making it the largest IPO that year.