Lance T. Brasher

Lance T. Brasher


Skadden, Arps, Slate, Meagher & Flom LLP

Recognized since 2006

Washington, District of Columbia

Practice Areas

Project Finance Law

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Lance Brasher is the head of the firm’s North American Energy and Infrastructure Projects Group. He has served for more than 20 years as lead lawyer in complex acquisition, financing and development transactions involving energy and infrastructure facilities in the United States and around the world. Mr. Brasher has advised diversified energy companies, utilities, private investment firms and financial institutions in all phases of solar, wind and other renewable energy projects; gas and coal-fired power plants; transmission lines; electric distribution assets; LNG and gas processing facilities; natural gas pipelines; and sports facilities.

Mr. Brasher repeatedly has been recognized as a leading lawyer by Chambers Global,Chambers USA, The Best Lawyers in America, IFLR1000 and other publications.

Representative transactions include:

  • InterGen N.V. in the $1.8 billion refinancing of its debt and credit facilities, which consisted of a five-year revolving credit facility (including a $350 million tranche and a £100 million tranche) seven-year, $300 million senior secured term loan B, eight-year £175 million senior secured notes and 10-year $750 million senior secured notes. As part of this transaction, InterGen’s shareholders contributed
    $700 million of new equity;
  • NorthWestern Energy in its $900 million acquisition of 11 hydro-electric generating facilities in Montana from PPL Montana and a related bridge financing facility;
  • InterGen N.V. in a refinancing of corporate bond, term loan, letter of credit and revolving credit facilities;
  • Samchully Asset Management Co., Ltd. in its $170 million acquisition from Marathon Oil Corp. of 34 percent interest in the Neptune Gas Processing Plant in Louisiana and related commodity hedges;
  • First Solar in connection with the sale to MidAmerican Energy of the Topaz Solar Farm, a 550 MW solar PV located in California;
  • PensionDanmark in the acquisition from E.ON Climate & Renewables North America of an interest in a 430 MW portfolio of U.S. wind farms and in a related private placement financing;
  • First Solar in connection with the construction, $1.46 billion financing and sale of the 550 MW Desert Sunlight solar PV project in California, with financing led by Citi and Goldman Sachs;
  • First Solar in connection with the construction, $646 million financing and sale to Exelon of Antelope Valley Solar Ranch One, a 230 MW solar PV project in California;
  • First Solar in connection with the construction, $967 million financing and sale to NRG Energy, Inc. of the 290 MW Agua Caliente solar PV project in Arizona;
  • SolarReserve, LLC in connection with the construction, $737 million financing and sale of the Crescent Dunes Solar Project in Nevada. Crescent Dunes uses a concentrating solar power (CSP) tower design with molten salt storage;
  • NV Energy in the acquisition of a joint ownership interest in and capacity use arrangements for the One Nevada Transmission Line;
  • AEI in its $1.5 billion term and revolving loan facility led by Credit Suisse and JP Morgan, and in financings relating to AEI’s acquisition of interests in Luz del Sur of Peru, Promigas of Colombia and Del Sur of El Salvador;
  • Nevada Power Company in the acquisitions of the Bighorn, Silverhawk and Lenzie gas-fired power projects — transactions totaling more than $1 billion and approximately 2,400 MW;
  • NV Energy in the construction of the Lenzie, Tracy, Clark and Harry Allen gas-fired generating stations, aggregating approximately 3,000 MW and more than $2 billion; and in development and construction arrangements for the proposed 1500 MW, $2.5 billion coal-fired Ely Energy Center;
  • Prisma Energy in its $2.7 billion sale to AEI, including a related $1 billion financing of Prisma;
  • Bechtel and Shell in the auction and $1.75 billion sale of Intergen, owner of 10 coal and gas-fired power plants totaling more than 7,800 MW in Europe, Asia, Mexico and Australia;
  • Enron in the formation of Prisma Energy, into which Enron transferred its interest in 15 power generation, electricity distribution and natural gas services businesses located in South and Central America, Europe and Asia;
  • banks and other lenders in the financings of FedEx Field for the Washington Redskins, the Nashville Predators’ National Hockey League franchise fee and Invesco Field for the Denver Broncos; and
  • Dabhol Power Company in the development and $2.9 billion financing of its proposed 2,450 MW power project and LNG regasification facility located in India.

    Mr. Brasher’s pro bono representations include the United Planning Organization of Washington, D.C. with respect to the development and construction of a Head Start Early Learning Center.

    Following graduation from the United States Naval Academy, Mr. Brasher was an officer in the U.S. Navy, serving three years on the USS Harry W. Hill, a navy destroyer, and two years as an economist and operations analyst with the Center for Naval Analyses.

Location
  • 1440 New York Avenue, NW
    Washington, DC 20005
Education
  • United States Naval Academy, BS
Bar Admissions
  • New Mexico, State Bar of New Mexico
  • District of Columbia, The District of Columbia Bar

Lawyer of the Year Badge - 2024 - Project Finance Law Lawyer of the Year Badge - 2019 - Project Finance Law
Named "Lawyer of the Year" by Best Lawyers® for:
  • Project Finance Law, Washington, D.C. (2024)
  • Project Finance Law, Washington, D.C. (2019)
Recognized in The Best Lawyers in America® 2024 for work in:
  • Project Finance Law
Special Focus:
  • Energy Projects
Additional Areas of Practice:
  • Energy Law

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Publications

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