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  1. Capabilities

Project Finance

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  • Overview
  • Experience

Key Contacts

Alan HoffmanMichael E. PikielRichard P. Puttré
View Our Full Team

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Winston is well regarded for our deep and broad experience working on project finance transactions in the United States, Latin America, Europe, and other regions. Our experience includes numerous award-winning, complex deals and projects—often involving aggressive time frames and inventive solutions to help manage risk. Our “trusted, intelligent, and diligent” (The Legal 500 US 2023) practitioners represent public and private lenders, project sponsors and developers, equity investors, offtakers, and other project counterparties and stakeholders in connection with a broad range of investments and non-recourse/limited recourse financings.

Our experience covers a multitude of project types, including digital infrastructure; mining; oil and gas; power and transmission; social and commercial buildings; sports, stadiums, and entertainment venues; transportation and mass transit; and water and wastewater. We also have deep experience with public-private partnerships (PPPs or P3s), as well as project bonds. In addition, we have extensive capabilities regarding single-project and project-portfolio acquisitions and dispositions.

Clients rely on our attorneys to provide innovative thinking and a deep understanding of the market standards and commercial factors that impact all aspects of projects, including the related financial, contractual, and regulatory issues. We add value to our clients’ project finance transactions through tax-advantaged asset transfers, hedging strategies, and specialized tax-sensitive deal structures, such as like-kind exchanges.

We regularly play active roles in coordinating with other project professionals, such as independent engineers, financial advisors, environmental consultants, as well as consultants in fuel supply, power marketing, and insurance. Our ability to integrate the various aspects of each project effectively and provide the appropriate legal team ultimately enhances the efficiencies and value that we provide our clients.

Furthermore, our successes working on cutting-edge and innovative deals across a wide range of structures and geographic regions, combined with our attorneys’ experience advising on some of the world’s leading projects, position us to deliver the essential skillsets, knowledge, and relationships to advise on all phases of a project successfully—from inception to completion.

Key Contacts

Alan HoffmanMichael E. PikielRichard P. Puttré
View Our Full Team

Related Capabilities

Finance
Real Estate
Tax
Energy
Energy Transition
Infrastructure
Oil & Gas
Power & Transmission
Sports
Latin America & Caribbean
Europe

Recent Experience

E-Bus Deal Financing in Chile
NTE Mobility Partners Segments 3 LLC US$221M Senior Financing Transaction
John Laing Increases Stake in Denver Eagle P3 Project
Axium Infrastructures’s Acquisition of a 375-mile Electric Power Transmission System in Texas

Let’s Talk Sports (Part 1)

Listen to the Episode

Let’s Talk Sports (Part 2)

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Notable

“One of the few firms to have such vast experience over P3s in the U.S.”

The Legal 500 US 2023

Mike Pikiel Named to 2023 Project Finance Editorial Advisory Board

Law360

Puerto Rico Toll Roads Monetization Project Named “North America PPP Deal of the Year”

Proximo America 2023

“Winston & Strawn can take complex issues and boil them down to pragmatic solutions.”

Chambers USA 2023

Ranked Tier 1 Nationally in Project Finance Law

Best Law Firms® 2025
The Legal 500 US 2023

“One of the few firms to have such vast experience over P3s in the U.S.”

Law360

Mike Pikiel Named to 2023 Project Finance Editorial Advisory Board

Proximo America 2023

Puerto Rico Toll Roads Monetization Project Named “North America PPP Deal of the Year”

Chambers USA 2023

“Winston & Strawn can take complex issues and boil them down to pragmatic solutions.”

Best Law Firms® 2025

Ranked Tier 1 Nationally in Project Finance Law

Client SuccessWinston Infrastructure Team Closes First-Of-Its-Kind Climate Resiliency Project
Lauded as a first-of-its-kind in the North American infrastructure market and among the largest climate change/resiliency projects in the world, Winston represented the underwriters, lenders, swap providers, and note purchasers in connection with the Fargo-Moorhead Metropolitan Area Flood Risk Management Project.
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Client SuccessWinston Infrastructure Team Closes First-Of-Its-Kind Climate Resiliency Project
Lauded as a first-of-its-kind in the North American infrastructure market and among the largest climate change/resiliency projects in the world, Winston represented the underwriters, lenders, swap providers, and note purchasers in connection with the Fargo-Moorhead Metropolitan Area Flood Risk Management Project.
Read More
In the MediaAlan Hoffman Discusses the University of Texas’ Moody Center in Sports Business Journal
Alan Hoffman, partner and chair of Winston & Strawn’s Project Finance Practice, discussed the University of Texas’ Moody Center in a conversation with Sports Business Journal.
Read More
In the MediaAlan Hoffman Discusses the University of Texas’ Moody Center in Sports Business Journal
Alan Hoffman, partner and chair of Winston & Strawn’s Project Finance Practice, discussed the University of Texas’ Moody Center in a conversation with Sports Business Journal.
Read More

Related Insights & News

View All Insights & News
Recognitions
Winston Attorneys Featured on the 2025 Lawdragon 100 Lawyers You Need to Know in South America List

March 21, 2025

Recognitions
Winston & Strawn Advised on Four Winning Deals Recognized at IJGlobal’s 2024 Awards Gala

March 13, 2025

Sponsorship
Winston & Strawn Sponsors IJ LATAM 2025

March 10, 2025

Recognitions
Winston Attorneys Featured on the 2025 Lawdragon Leading Global Entertainment, Sports & Media Lawyers List

March 7, 2025

Recognitions
Winston Advises on PFI Americas Awards Renewable Deal of the Year

February 27, 2025

Recognitions
Winston & Strawn Advised on Two Winning Projects That Received IJInvestor Awards 2024 

December 19, 2024

Recognitions
Winston Merits 98 Tier 1 Rankings in the 2025 Edition of Best Law Firms®

November 7, 2024

Recognitions
Winston Projects Receive Six Accolades at the 2024 P3 Awards

October 30, 2024

Recognitions
Winston & Strawn Recognized in The Legal 500 Latin America 2025

October 24, 2024

Recognitions
Winston Partners Recognized on the 2025 Lawdragon 500 Leading Dealmakers in America List

October 22, 2024

Speaking Engagement
Jason Lewis Speaks at the North American Power Credit Organization 2024

September 12, 2024

Recognitions
Winston’s Latin America Partners Recognized in Chambers Latin America 2025

August 22, 2024

Recognitions
Winston Attorneys Featured on the 2025 Lawdragon 100 Lawyers You Need to Know in South America List
March 21, 2025
Recognitions
Winston & Strawn Advised on Four Winning Deals Recognized at IJGlobal’s 2024 Awards Gala
March 13, 2025
Sponsorship
Winston & Strawn Sponsors IJ LATAM 2025
March 10, 2025
Recognitions
Winston Attorneys Featured on the 2025 Lawdragon Leading Global Entertainment, Sports & Media Lawyers List
March 7, 2025
Recognitions
Winston Advises on PFI Americas Awards Renewable Deal of the Year
February 27, 2025
Recognitions
Winston & Strawn Advised on Two Winning Projects That Received IJInvestor Awards 2024 
December 19, 2024
Recognitions
Winston Merits 98 Tier 1 Rankings in the 2025 Edition of Best Law Firms®
November 7, 2024
Recognitions
Winston Projects Receive Six Accolades at the 2024 P3 Awards
October 30, 2024
Recognitions
Winston & Strawn Recognized in The Legal 500 Latin America 2025
October 24, 2024
Recognitions
Winston Partners Recognized on the 2025 Lawdragon 500 Leading Dealmakers in America List
October 22, 2024
Speaking Engagement
Jason Lewis Speaks at the North American Power Credit Organization 2024
September 12, 2024
Recognitions
Winston’s Latin America Partners Recognized in Chambers Latin America 2025
August 22, 2024
View All Insights & News
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