Infrastructure
With their scale, complexity and regulatory overlay, infrastructure transactions require highly specialized legal counsel. We offer deep knowledge of the sector's unique dynamics and an unmatched ability to guide clients through multifaceted deals and financings involving energy, transportation, digital and telecommunications, water & waste and other important infrastructure assets.
The Paul, Weiss Infrastructure Group provides comprehensive counsel to leading global companies, investors and financial sponsors on complex transactions spanning the infrastructure sector. Our multidisciplinary team includes lawyers with decades of experience advising the most active, dynamic private equity and other investors in the sector.
Our team helps infrastructure-focused clients successfully negotiate, structure and execute M&A, financing and capital markets infrastructure transactions; joint ventures and consortium deals to develop major new infrastructure projects; infrastructure-focused investment funds; restructuring and disputes involving infrastructure investments; and privatizations, partnerships, concessions, leases and other unique infrastructure deals. Our team has executed major private equity and M&A transactions, including many of the largest infrastructure transactions to date and a number of first-of-their-kind, novel deals, financings and other transactions. Our work has encompassed a vast range of economic and social infrastructure assets, such as essential transportation and logistics assets; energy systems; digital, telecommunications and cybersecurity infrastructure; water and waste systems; and assets related to healthcare, defense and education systems.
Digital Infrastructure
Digital infrastructure projects present a unique set of transactional, regulatory and litigation challenges that have only been magnified by the substantial financing, energy, and real estate needs that these projects require, and by the national security importance that many national governments have associated with such projects.
- Data Centers: As demand for advanced data centers surges with AI and cloud computing, Paul, Weiss advises sponsors, developers, operators, lenders, and investors across every stage of data center and digital infrastructure projects. Our cross-disciplinary team in corporate, real estate, finance, energy, technology, regulatory and litigation, and national security delivers seamless, business-focused counsel on issues from hyperscale greenfield development to multi-jurisdiction national security and export-control matters.
- Fiber: Paul, Weiss has a long history of advising clients on their telecommunications and networking needs. We have particular experience advising investors and fiber clients in M&A, joint ventures, financing transactions and operations agreements.
- Towers: Our lawyers have advised some of the most significant tower companies and investors in a wide range of tower infrastructure projects, including M&A transactions, financing and the development of tower sites.
Transportation Infrastructure
Paul, Weiss regularly advises clients in the transportation infrastructure sector on the full spectrum of corporate transactions. Whether advising clients on air, sea or ground transportation projects, our lawyers understand the nuances inherent in the industry and can help client navigate the challenging regulatory and transactional issues that may arise in any matter.
Energy Infrastructure
Paul, Weiss’s infrastructure practitioners have substantial experience providing energy clients with sophisticated and strategic transactional, litigation and regulatory knowledge they need to navigate their most complex legal challenges. We advise some of the world’s leading traditional and renewable energy companies, providing complete, commercial guidance amid a rapidly changing global environment.
Recent
Experience
Recent Engagements
- Air Methods Corporation in its $2.5 billion acquisition by affiliates of American Securities
- American Tower Corporation in its $1.85 billion acquisition of Eaton Towers Holdings Limited; and its $523 million acquisition of joint venture stakes in Ghana and Uganda from MTN Group Limited
- Funds and affiliates managed by Apollo Global Management in an investment of $11 billion to acquire from Intel Corporation a 49% equity interest in a joint venture entity related to Intel’s Fab 34
- The special committee of Avangrid in the $2.6 billion acquisition of the company’s remaining shares by Iberdrola
- Blackstone Infrastructure Partners in the $2.15 billion acquisition of a 19.9% equity interest in NiSource subsidiary Northern Indiana Public Service Company (NIPSCO)
- Brookfield Infrastructure Partners in its $775 million acquisition of Cyxtera in connection with its chapter 11 case
- Crown Castle in the combined $8.5 billion sale of its small cells business to EQT Active Core Infrastructure fund; and the sale of its fiber solutions business to Zayo Group Holdings and in the activist campaigns by Elliott Management and Boots Capital Management
- DigitalBridge Group in its investment in OpticalTel, a leading provider of fiber-based broadband, cloud-based video and digital telephone services, rebranding to Fibernow
- Canada Pension Plan Investment Board in its approximately $843 million investment in Tallgrass Energy
- The strategic review committee of the board of directors of Frontier Communications in its $20 billion sale to Verizon Communications
- General Atlantic in its acquisition of Actis, an infrastructure-focused asset manager with over $12 billion in assets under management
- Global Infrastructure Partners in its $15 billion acquisition (together with KKR) of CyrusOne
- IBM in the spin-off of its managed infrastructure services business into a separate publicly traded company
- MetroNet in its co-investment by KKR and Oak Hill Capital and in its sale to a joint venture between T-Mobile and KKR
- Oak Hill Capital in numerous transactions including its acquisitions and investments in Greenlight Networks, Omni Fiber, Otelco, Oxford Networks, Race Communications and Wire3, among others
- The special committee of the board of directors of Pattern Energy Group in its $6.1 billion all-cash acquisition by Canada Pension Plan Investment Board
- QTS Realty Trust in its $10 billion take-private sale to Blackstone
