Nicholas R. Vallorano

Government Transactions, Infrastructure Investment


Nick Vallorano serves clients on complex public infrastructure and related financing transactions, including public-private partnerships. He represents government owners, sponsors, investors, lenders and contractors across various transaction types—including revenue risk concessions, availability payment structures, and design-build or design-build-finance structures—and asset types—including airports, roads, bridges, and social infrastructure.


Roads and Bridges


  • Wells Fargo Bank, National Association and J.P. Morgan Securities LLC as underwriter’s counsel for the issuance of approximately $1.8 billion in private activity bonds for the first phase of the Pennsylvania Department of Transportation’s (PennDOT) Pathways Major Bridge Public Private Partnership (P3) program to reconstruct major interstate bridges, the largest issuance of surface transportation private activity bonds ever. The project was named "North America Roads Deal of the Year" 2022 by Proximo, “Deal of the Year” by IJGlobal at its Americas Awards 2023, and Northeast region “Deal of the Year” 2023 by The Bond Buyer.
  • East Interchange Builders, LLC, the selected developer on the Georgia Department of Transportation’s I-285/I-20 East Interchange Project, a design-build-finance P3 project to address traffic flow at this interchange in DeKalb County, Georgia. The project was shortlisted in the “Best Road, Bridge or Tunnel Project” category at the P3 Bulletin Awards.


  • Rising Star for transportation by Law360
  • Multiple "Deals of the year" awards by The Bond Buyer, IJ Global, Proximo, P3 Bulletin, and IFLR1000


  • University of Virginia, BS, Commerce
  • University of Illinois College of Law, JD, summa cum laude
    Editor-in-Chief, University of Illinois Law Review; Order of the Coif


  • Illinois
  • New York