February.14.2019
Law360 profiled our Energy & Infrastructure practice as one of its 2018 Project Finance Practice Groups of the Year, highlighting our work for Microsoft on one of the largest corporate solar energy purchases in the country and the John F. Kennedy International Airport's $13 billion redevelopment project.
“Orrick is really on the forefront of the changing part of the market as companies, such as Microsoft, are making big moves to supply their energy demands with renewable energy,” Blake H. Winburne, who heads Orrick’s E&I practice, told the publication.
Giji John, who led the Orrick team advising Microsoft, told Law360 that Microsoft “was looking for a way to box a particular risk that all corporate entities face when purchasing renewable energy. Including volume firming agreements in power purchase agreements provided the company with an innovative solution to the problem, which Microsoft embraced.”
The profile also highlighted Orrick’s role counseling the Port Authority of New York and New Jersey in JFK Airport's ongoing redevelopment project, which involves simultaneously redeveloping the airport's terminals and roadways and expanding its taxiways.
Young Lee, lead partner to the Port Authority, told Law360 that Orrick was brought in on the heels of LaGuardia Airport’s successful redevelopment, which inspired Governor Cuomo to upgrade JFK Airport. She added that “airport projects have taken off in the past few years, and the JFK redevelopment will serve as an example that Orrick can take on any airport redevelopment project, regardless of its size or complexity.”
This marks the fifth time Orrick has been recognized for Project Finance Practice Group of the Year. In addition to project finance, Law360 recognized our appellate, employment and tech practices as Practice Groups of the Year in 2018.