Jeff Greenberg
Partner
Los Angeles
jeffrey.greenberg@lw.com
+1.213.891.8080
PRACTICES
- Project Development & Finance
INDUSTRIES
- Energy & Infrastructure
EDUCATION
- JD, Northwestern University School of Law, 1996
- BA, University of Southern California, 1993
LANGUAGES SPOKEN
PROFILE
Jeff Greenberg is Latham & Watkins’ Global Project Development & Finance Practice Chair. He is a former member of the firm’s Executive Committee as well as Managing Partner for the Los Angeles office.
Jeff represents financial institutions and private equity sponsors, as well as public and private companies, in connection with all phases of the development and financing of power (including gas, coal, wind, solar, energy storage, landfill gas, biomass, and geothermal-fired power plants), oil refinery, LNG, telecommunications, petrochemicals, fertilizer, and other infrastructure projects. Jeff 's experience includes the structuring and negotiation of financing arrangements, project contracts, secured commodity hedge agreements, and extensive experience in mergers and acquisitions of power plants.
Jeff is regularly recognized for professional excellence in Project Development & Finance. Law360 recognized him in 2021 as an MVP for Project Finance. In 2017, Jeff was named Project Finance Attorney of the Year by Power Finance & Risk and honored as an Energy & Environmental Trailblazer by the National Law Journal for his career accomplishments. He was cited as a leading project finance attorney from 2004 – 2023 and ranked Band 1 for Projects Nationwide from 2014 – 2024 by Chambers USA and Chambers Global. Overall, Jeff has been ranked by Chambers for 18 years. Chambers USA cited him as a “top of the list for power” project finance lawyer with particular experience in “the development and financing of the full range of energy and natural resource projects.” Jeff is recognized as a Leading Lawyer for Project Finance, Energy Transactions, and Renewables by The Legal 500 US 2015 – 2022. He has also been recognized as a notable practitioner in IFLR1000 since 2017, and was named a Thought Leader – Global Elite for Project Finance by Who’s Who Legal 2019 – 2023. Who’s Who Legal cited Jeff as “one of the premier project finance lawyers in the world.”
EXPERIENCE
Jeff's experience includes advising:
Gas and Coal Fired Power Generation
- AES Corporation in the private placement and bank financing for its AES Southland portfolio construction financing, which earned Project Finance International's 2017 Deal of the Year
- BNP Paribas, Bank of America, and Credit Agricole in connection with the construction financing of the Hickory Run power project, which earned IJGlobal’s 2017 Power Deal of the Year
- BNP Paribas, Citibank, GE, and Union Bank in connection with the project financing of the Freedom power plant
- The Lead Arrangers in connection with the construction financing and refinancing of the Middletown power plant
- Barclays and Citibank in connection with the financing of the Linden power project and Morgan Stanley in connection with its refinancing
- Credit Agricole in connection with numerous financings, including Southwest Generation and Calpine’s Los Esteros construction financing
- The Lead Arrangers in connection with the construction financing and refinancing of the Lordstown power plant, which earned IJGlobal’s 2022 Deal of the Year
- Castleton Commodities in connection with the financing of a portfolio of power projects
- EquiPower in the financing of the Lake Road, Milford, Dighton, Liberty, Kincaid, Elwood, and Masspower projects
- ING and Union Bank in connection with the project financing of the Kings Mountain power plant
- The lenders in connection with the financing of Calpine’s Morgan, Otay Mesa, and Freeport projects
- LS Power Development in connection with the financing of the West Deptford power project, which earned Power Finance & Risk’s Term Loan B Deal of the Year
- MUFG Union Bank in connection with the financing of a portfolio of power projects owned by Northern Star Generation
- Panda in connection with IJGlobal's 2015 North American Merchant Power Deal of the Year — the financing of its Hummel Station Project; IJGlobal's 2014 North American Merchant Power Deal of the Year — financing of Stonewall's Power Project; as well as the financing of Patriot, Liberty, Sherman, and Temple projects
Renewables
- BrightNight in connection with Project Firefly, a portfolio of utility-scale solar facilities, battery energy storage systems, hybrid solar plus battery storage energy projects
- Deutsche Bank in connection with SB Energy’s development financing of a portfolio of utility scale solar projects
- The lenders in connection with Calpine’s Nova Project, a 680 MW battery energy storage project
- The lenders in connection with Rev Renewables Tumbleweed Project, a 500 MWh battery storage project located in California
- The developer in one of the largest project financings of battery storage projects in the United States, which earned Project Finance International’s 2020 Storage Deal of the Year award, IJGlobal’s 2020 North American Battery Storage Deal of the Year, and IJGlobal’s 2022 Battery Storage Deal of the Year
- Union Bank in connection with the warehouse financing for a portfolio of solar projects
- The lenders in connection with the project financing of the Geysers which earned IJGlobal’s 2020 North American Renewables (Geothermal) Deal of the Year
- AES and Grupo Bal in connection with the construction financing for the Mesa La Paz wind project in Mexico, which earned IJGlobal’s 2018 Latin America Wind Deal of the Year
- Citibank and Union Bank in connection with the back-leverage financing of an interest in a portfolio wind farms owned by Nextera and KKR; this financing was awarded Power Deal of the Year for 2019 by Project Finance International
- Citibank and Union Bank in connection with the back-leverage financing of an interest in a portfolio wind farms owned by Nextera; the Western Renewables financing was awarded North America Power Deal of the Year for 2018 by Project Finance International
- Credit Agricole in connection with the Green Frontier Wind Portfolio Financing
- Sempra Energy in connection with the financing of its Copper Mountain 1, 2, and 3 solar projects and its Broken Bow wind project
- The lenders and noteholders in a bank and private placement financing of the Texoma portfolio of wind projects owned by Duke Energy
- Union Bank in connection with the financing of a portfolio of landfill gas, biogas, and distributed solar power projects owned by Ameresco
Power M&A
- Energy Capital Partners in its take-private transaction of Calpine Corp
- Energy Capital Partners in connection with the acquisition and related financing of 14 hydroelectric and coal-fired power plants from Northeast Utilities, which earned Project Finance magazine's 2006 Deal of the Year, as well as other transactions including those related to AES Red Oak, Broad River, Odessa, and Empire
- LS Power in connection with multiple acquisitions and financings located throughout the US, including transactions related to the Moss Landing, Arlington Valley, Griffith, Tilton, Doswell, Blythe, Calhoun, Riverside, Cherokee, South Bay, University Park, and Safe Harbor projects
Oil, Gas, and LNG
- Cedar LNG in connection with the construction financing for the Cedar LNG Project
- Orion Energy in the financing of Eagle LNG
- Union Bank in connection with the construction financing of the Borger and P66 pipelines for Navigator
- Symmetry Energy Solutions in connection with its commodities-backed ABL facility
- Citibank and Union Bank in connection with the financing of Nextera’s acquisition of Meade Pipeline Co.
- First Reserve in connection with a sale-leaseback transaction involving PEMEX
- Gulf Oil in connection with a term loan and ABL financing
- Barclays in connection with the financing of Hunt Refining
- Barclays in connection with the financing of the Houston Fuel Oil Terminal Company
Petrochemicals
- CKPC in connection with the construction of its large petrochemical facility in Canada which earned IJGlobal’s 2020 North American Petrochemicals Deal of the Year
- Sasol in connection with the development and financing of a multi-billion petrochemical facility in Louisiana, which earned IJGlobal’s 2014 North American Petrochemicals Deal of the Year and Project Finance International’s 2014 Americas Petrochemical Deal of the Year
- SMBC in connection with the construction financing of Next Wave’s Houston Ship Channel petrochemical facility
Other Infrastructure
- The noteholders in connection with the financing of Apollo-managed funds’ approximately US$11 billion investment in Intel’s Fab 34 manufacturing facility
- Orion Energy in connection with the financing of Cumulus Digital’s data center and crypto mining infrastructure build-out, which earned IJGlobal's 2021 Deal of the Year
- Orion Energy in connection with the financing of GCE’s conversion of its Bakersfield crude products refinery to biodiesel
- Oaktree in connection with the financing of Calumet’s conversion of its Montana crude products refinery to biodiesel
- The lender in connection with the financing of the construction of Crew-Transfer-Vessels to support Offshore Wind projects
- The lenders in connection with the financing of Vopak’s and BlackRock’s acquisition of certain terminal and storage facilities from Dow
- LS Power in connection with the financings of the DesertLink, Republic, and Silver Run transmission projects, which earned IJGlobal’s 2018 North America Transmission/Distribution Deal of the Year
- ECP in connection with the acquisition and financing of a battery recycling company and an energy transition company focused on the restaurant industry
- Pacific Ethanol, Inc. in connection with the construction and financing of ethanol production facilities (including the Euromoney's 2007 North America Deal of the Year)
- Quintillion in connection with the financing of a fiber optic telecommunications network in Alaska