Partner
Nixon Peabody LLP
Michael is a project and public finance attorney who focuses his practice on serving many of the largest cities, counties, airports and airport systems, and public power authorities in the country. In total he has assisted in raising over $85 billion across over a thousand taxable and tax-exempt debt financing transactions for projects in 29 states, Guam, Puerto Rico, the U.S. Virgin Islands and Washington DC. He has also worked on several large and high profile public private partnership (P3) transactions including, but not limited to, serving as bond counsel in connection with New Terminal One at John F. Kennedy Airport (JFK), the Chicago parking meter privatization and Allenstown water and sewer system privatization, underwriters’ counsel in connection with the Terminal Six Redevelopment at JFK and the I-495 Capital Beltway managed lanes project and, as mentioned, dedicated purchasers counsel for over seven years for the Brightline Trains projects.
As energy needs and costs skyrocket and federal policy changes complicate how the various grids manage the demand, the public power sector has adapted. Where does nuclear fit into the picture? Renewables? Can the industry handle the much-discussed AI Data Center explosion?
From small projects to mega airport revamps, public-private partnerships are growing. As one more tool in the issuer toolbox, are there new opportunities to tap private capital given the priority shifts – and the continued support of private-activity bonds – in Washington?