Arthur A. Scavone - White & Case LLP

Arthur A. Scavone

Listed in Best Lawyers since 2006
Phone: 212-819-8710

Practice Experience

Mr. Scavone is a project finance lawyer with extensive experience involving international and domestic projects. He is the Global Head of the Firm's Energy, Infrastructure and Project Finance Group.

Mr. Scavone has represented sponsors, commercial banks, underwriters, export credit agencies, and other bilateral and multilateral agencies in projects involving power plants, renewable energy facilities, transmission lines, pipelines, oil and gas concessions, mines, liquefied natural gas (LNG) facilities, and other infrastructure and industrial projects.

In rankings of energy and project finance lawyers, Mr. Scavone has ranked in Band 1 in Chambers Global since its 2001 edition and has ranked in Band 1 in Chambers USA since its inaugural edition in 2003. In the 2013 US edition of The Legal 500, he was one of nine attorneys selected as a leading lawyer in the project finance practice. Mr. Scavone was recently listed as one of the top 10 global project finance lawyers in the 2013 Who's Who Legal Directory, one of only five New York-based lawyers included on the list.

Among the financings in which Mr. Scavone has participated are:

US Projects
  • The Panda Moxie Liberty project involving the financing of a 829 MW natural gas-fired power project being developed in Bradford County, Pennsylvania, in which he represented Goldman Sachs Lending Partners, Credit Suisse Securities, Ares Capital Corporation and Union Bank as joint lead arrangers;
  • The Panda Temple II project involving the financing of a 758 MW natural gas-fired power project being developed in Temple, Texas, in which he represented Goldman Sachs and Credit Suisse as mandated lead arrangers;
  • The Windsor Financing LLC matter involving the refinancing of a 110 MW coal-fired cogeneration facility in Rocky Mount, North Carolina and two 110 MW coal-fired cogeneration facilities in Richmond, Virginia, in which he represented Morgan Stanley Senior Funding, Inc. as sole lead arranger;
  • The Panda Sherman project involving the financing of a 758 MW natural gas-fired power project being developed in Sherman, Texas, in which he represented Goldman Sachs Lending Partners and Credit Suisse Securities as mandated lead arrangers;
  • The Panda Temple I project involving the financing of a 758 MW natural gas-fired power project being developed in Temple, Texas, in which he represented Morgan Stanley as lead arranger;
  • The Post Rock project involving the financing of a 201 MW wind farm in Kansas, in which he represented a consortium of lenders;
  • The Bishop Hill I project involving the financing of a 211 MW wind farm in Illinois, in which he represented a consortium of lenders;
  • The One Nevada Transmission Line project involving the development of a new 235-mile, 500-kilovolt transmission line that will extend from northern Nevada to an area outside of Las Vegas in southern Nevada, in which he represented Great Basin Transmission South, LLC, a special purpose entity formed by LS Power;
  • The STP 3&4 project involving the project financing, through the US Department of Energy's Loan Guarantee Program, of an approximately 2,700 MW nuclear power plant in Texas, in which he represented Nuclear Innovation North America LLC, a joint venture between NRG and Toshiba, as sponsor;
  • The Texas Gulf project involving the financing of an approximately 283 MW wind farm in Texas, in which he represented a consortium of lenders;
  • The South Trent project involving the financing of an approximately 101 MW wind farm in Texas, in which he represented a consortium of lenders;
  • The Lost Creek project involving the US$352 million project financing of the 150 MW Lost Creek wind farm in DeKalb County, Missouri, in which he represented BayernLB, Nord/LB, UBOC, Rabobank and Santander as the lead arrangers;
  • The Deer Park project involving the project financing of a gas-fired cogeneration facility in Deer Park, Texas, in which he represented Calpine Corporation as sponsor;
  • The Waterbury project involving the project financing of a peaking power plant in Connecticut, in which he represented Energy Capital Partners and FirstLight Power Resources as sponsors;
  • The Sandy Creek project involving the US$1 billion project financing of a 900 MW coal-fired power plant in Texas, in which he represented LS Power and Dynegy as sponsors;
  • The Midway power project involving the project financing of a peaking power plant in California, in which he represented Starwood Energy as sponsor;
  • The Otay Mesa project involving the project financing of a 596 MW gas-fired power plant in San Diego owned by Calpine Corporation, in which he represented ING Bank and BayernLB as lead arrangers;
  • The NextEra Texas Wind project involving the project financing of a wind farm in Texas owned by NextEra, in which he represented BayernLB and Credit Suisse as lead arrangers;
  • The NextEra National Wind project involving the "pooled" Rule 144A project financing of nine wind farms in the United States owned by NextEra, and the follow-on offering of Rule 144A notes by the holding company for these wind farms, in which he represented Credit Suisse as underwriter;
  • The NextEra American Wind project involving the "pooled" Rule 144A project financing of seven wind farms in the United States owned by NextEra, and the follow-on offering of Rule 144A notes by the holding company for these wind farms, in which he represented Credit Suisse as underwriter;
  • The NextEra Stateline project involving the project financing of a wind farm on the Washington-Oregon border owned by NextEra, in which he represented ANZ Investment Bank and BayernLB as lead arrangers;
  • The initial public offering of Ormat Industries, an owner and operator of geothermal projects around the world, in which he represented Lehman Brothers as underwriter;
  • The OrCal project involving a Rule 144A project financing of two geothermal plants in California owned by Ormat Industries, in which he represented Lehman Brothers as underwriter; and
  • The TECO/Panda project involving the project financing of two gas-fired merchant power plants in Arkansas and Arizona, in which he represented TECO Energy and Panda Energy as sponsors.

Non-US Projects
  • A solar project involving the Euro-denominated project financing of a solar manufacturing facility in Europe, in which he represented US Ex-Im Bank;
  • The JUJO project in Mexico involving the project financing of a nitrogen plant in Mexico that provides nitrogen to certain oil fields owned by PEMEX, in which he represented Tecnología del Nitrógeno (a joint venture between Air Products and Chemicals and Grupo Infra) as sponsor;
  • The World GTL project involving the project financing of a gas-to-liquids facility in Trinidad and Tobago owned by Petrotrin and World GTL, in which he represented Credit Suisse as lead arranger;
  • The Q-Chem II project involving the US$1 billion project financing of a petrochemical facility in Qatar, in which he represented US Ex-Im Bank;
  • The Chad-Cameroon project involving the US$3.6 billion project financing of an oil pipeline owned by ExxonMobil, Chevron and Petronas, in which he represented US Ex-Im Bank;
  • The Atlantic LNG project involving the US$1 billion project financing of a LNG facility in Trinidad and Tobago owned by British Petroleum, Cabot Corporation, British Gas and Repsol, in which he represented US Ex-Im Bank as political risk guarantor;
  • The Paiton I project involving the US$2.6 billion project financing of a coal-fired power plant in Indonesia owned by Edison Mission Energy, GE and Mitsui, in which he represented US Ex-Im Bank and Overseas Private Investment Corporation; and
  • The Jawa Power project involving the US$1.6 billion project financing of a coal-fired power plant in Indonesia owned by Siemens and International Power, in which he represented US Ex-Im Bank.

Mr. Scavone practiced out of the White & Case Tokyo office from 1987 to 1989

Muhlenberg CollegeBA Fordham University School of LawJ.D.

Client Comments

"Arthur is an excellent PF lawyer providing both technical/legal knowledge and business judgment earned from many years of practice in this arena. He has superb experience domestically and internationally, and a wealth of transaction knowledge. He has built a great network of colleagues to support his practice. In addition, I trust Arthur to give me the right advice, not just what I want to hear, which is not something I would say about most of his competitors."

"Arthur Scavone is very attentive and solution minded. He is a top-notch project finance lawyer."

"Art has been a leading project finance professional for more than 20 years. His legal understanding is superb, plus he is able to provide practical/business insights on key points/issues. I consider him more as my partner than lawyer at the negotiating table. We make decisions together. In addition, he is incredibly responsive to clients and will give total commitment to a project. Finally, he has been at White & Case his entire career and has the entire network of lawyers at his fingertips, which allows him to get rapid results and responses. I would recommend him to anyone looking for an international or U.S. project financing."

Office Location

1155 Avenue of the Americas
New York, NY 10036-2787
United States


Lawyer of the Year Awards

2017 Lawyer of the Year in Project Finance Law of the New York City Metro Area2012 Lawyer of the Year in Project Finance Law of the New York City Metro Area
Arthur A. Scavone has earned a Lawyer of the Year award for 2017!Arthur A. Scavone has earned a Lawyer of the Year award for 2012!

Practice Areas

Project Finance Law