4 March 2015
Mayer Brown has been named by Infrastructure Investor as the 2014 “North America Law Firm of the Year” in the publication’s annual Infrastructure Investor Awards, which recognize “luminaries of the infrastructure asset class.” (View article.)
In its overview of Mayer Brown’s accomplishments, Infrastructure Investor cited Mayer Brown’s work on “some of the largest and most significant P3 [public-private partnership, or “PPP”] projects under way in the US”:
- Advising the Texas Department of Transportation (TxDOT) in a competitive procurement for and the structuring of a public-private partnership for the design, construction, financing, operation and maintenance of the Texas SH 183 managed lanes project, located in the Dallas/Ft. Worth area. “The deal is a first-of-its-kind for TxDOT and for the United States PPP market—no procurement process has previously packaged all of the elements of the SH 183 transaction in a single PPP deal structure,” said Global Infrastructure and Government partner Joe Seliga (Chicago), who led the Mayer Brown team.
- Providing project finance counsel to the Grand Parkway Transportation Corporation that is developing, financing, building, operating and maintaining a Houston area toll road project in collaboration with TxDOT.
- Representing the Chicago Transit Authority on using a PPP structure for the $5 billion reconstruction and extension of the most heavily used mass transit line in the city. “If realized, it will be the largest P3 transaction in the US to date,” Infrastructure Investor said.
The winners of the Infrastructure Investor Awards are chosen by a poll of the publication’s readers, who cannot vote for themselves or their firms. Infrastructure Investor is a magazine and online news service providing global coverage of infrastructure finance and investment.