Attorneys in our Energy Finance team blend a multidisciplinary background with decades of experience serving clients in both the energy and financial markets. Blank Rome supports its clients for all of their financing needs; from simple loan transactions to highly complex project financings, our team is here to assist you with crafting the financial solutions you need to be successful in a challenging and evolving market, and we are always focused on cost-effectiveness and efficiency.
As financial transactions in all industries become more complex, the lawyers who handle those deals need to be increasingly sophisticated and business minded. They need to master not only the evolving world of finance but also the changing environment of the industries in which the transactions occur. Blank Rome has significant depth of talent in financial services legal matters and extensive experience in representing senior and subordinate lenders, including mezzanine and second lien lenders. Our commercial lending attorneys have extensive experience in structuring, negotiating, and documenting all types of complex financing transactions. Our team combines sophisticated commercial finance and lending experience with a strong familiarity with energy, derivatives, contract, tax, real estate, and securities law.
Blank Rome energy finance attorneys advise a full spectrum of energy-related clients, including:
- Financial institutions, hedge funds, direct lenders, private credit institutions, investors, borrowers, major private equity funds and infrastructure funds
- Commodity hedge providers and other swap dealers/participants
- Governments and national energy companies
- Electric, gas, and water independents and public utilities
- Oil, gas, petroleum liquids, and mineral producers
- Midstream operators
- Liquid natural gas (“LNG”) importers, exporters, and storage operators
- Pipeline, processing, and distribution companies
- Electric transmission companies
- Developers and owners of solar, wind, and hydro power facilities
- Service providers including engineering, procurement, and construction and environmental firms
- Renewable energy companies, including offshore wind developers
We regularly advise and support clients across a broad range of transactional or regulatory projects, including:
- Financing and, if necessary, debt restructuring of energy businesses and related facilities, including revolving and term loan facilities, reserve-based financings, bridge loans, and project finance
- Advising on various transactional security aspects of trade finance matters
- Alternative energy capital solutions, such as call financing facilities, production payments, drillcos, and prepaid swap agreements.
- The negotiation and drafting of physical and financial energy commodities transactions using ISDA, NAESB, and EEI documentation.
- The purchase or sale of upstream, midstream or downstream assets or companies, and related financing and security arrangements.
- Secured and unsecured commercial finance transactions, such as syndicated financings, asset-based financings, bilateral loans, and loan workout and restructuring transactions, including debtor-in-possession and exit credit facilities.
- Lien-based hedging transactions and structured commodity transactions involving oil and gas, natural gas liquids, power, emissions instruments, metals and other commodities.
- Transactions involving swap intercreditor agreements and similar multi-creditor arrangements.
- Financing transactions, including volumetric (or dollar-denominated) production payments, net profits interests, and mineral royalty fund.
- Carbon capture, utilization, and sequestration (“CCUS”) industry, CCUS project development, production prepayment facilities and other structured finance, oil and gas and pore space leasing, corporate governance, project development, coordination of estate matters, distressed asset sales, commercial agreements, and other documents associated with natural gas operations, CCUS, waste-to-energy projects, and other energy development.
- Representing creditors, lenders and debtors-in-possession in energy transactional and corporate matters in U.S. bankruptcy proceedings.
- Raising and investing capital and forming alternative asset structures such as special purpose acquisition companies (“SPACs”).
How We Can Help
Our team regularly represents many of the nation’s leading players in lending, leasing, and specialty finance in a broad range of services, including:
- Business finance
- Asset-based finance
- Equipment leasing
- General commercial/corporate finance
- Factoring
- Real estate lending
- Project finance
- Structured finance
- Prepaid forward contracts
- Receivables financing
- Loan sales and trading
- Loan workouts and restructurings
- Lender liability litigation, prevention, and defense
- Securitizations including CLOs and CDOs
- Healthcare and sponsor finance
- Fund formation, management, and operation
What Sets Us Apart
- Chambers USA 2023 ranked our firm Band 1 for Banking & Finance in Philadelphia (PA) and Surrounds.
- Our practice group members frequently lecture to numerous organizations, such as the Mortgage Bankers Association, Certified Financial Association, and Association of Commercial Finance Attorneys, on legal issues affecting the financial services industry.
- Our attorneys frequently write for well-respected journals such as the ABF Journal and Financial Fraud Law Report as well as author thought leadership such as The CLO Manager’s Handbook.
- Ranked Tier 1 in U.S. News & World Report–Best Lawyers® 2023 “Best Law Firms” for Energy Law in Washington, D.C., and highly ranked nationally.
- Chambers USA 2019–2023 ranked Blank Rome for Energy: Oil & Gas (Regulatory and Litigation) – Nationwide.
- The Legal 500 United States 2023 listed Blank Rome as a Recommended Firm for Energy Regulation: Oil and Gas.