Jeffrey Godly
Biography
Overview
Jeffrey is an associate in White & Case's Energy, Infrastructure, Project Finance and Asset Finance Group in New York.
His practice focuses on power projects (conventional and renewables), infrastructure projects (in the oil and gas and transportation sectors) and transactions in the aviation industry. He has represented institutional clients, private equity funds, investment banks, multilateral organizations, airlines and aircraft leasing companies in connection with international and domestic transactions.
Experience
Representation of The Bank of Nova Scotia, National Bank Financial Markets, Royal Bank of Canada, National Bank of Kuwait S.A.K.P., and Export Development Canada, as mandated lead arrangers, in a US$1.7 billion amortizing senior secured term facility and a US$150 million senior secured revolving facility to finance the development and construction by Canada Kuwait Petrochemical Limited Partnership of a new integrated petrochemicals facility and associated infrastructure and utilities to be located in Sturgeon County in the Province of Alberta, Canada.
Representation of Calpine Corporation in its sale of Freeport Energy Center, a 260 MW combined heat and power facility located in Freeport, Texas.
Representation of Macquarie Infrastructure Corporation in its US$2.685 billion sale of International-Matex Tank Terminals, a bulk liquid terminals business, to Riverstone Holdings LLC.
Representation of UHE São Simão Energia S.A., the Brazilian operating company of a hydroelectric project in São Simão, Brazil, in connection with a Brazilian Reais Linked USD Synthetic Loan Agreement provided by BNP Paribas. The Borrower’s parent, State Power Investment Corporation provided credit support pursuant to a “keepwell deed”.
Representation of Morgan Stanley and Goldman Sachs in connection with the acquisition financing of the 810 MW Hunterstown combined-cycle gas-fired power plant located in Pennsylvania interconnected to the PJM.
Representation of Crédit Agricole Corporate and Investment Bank, Mizuho Corporate Bank, Ltd., and RBS Securities, Inc. as bookrunners in connection with the US$598 million project financing of a 550 MW natural gas-fired, combined-cycle, fast-start power plant being developed by NRG Energy, Inc. in El Segundo, California.
Representation of BNP Paribas, as arranger, lender and administrative agent, and the other lenders in connection with the US$555 million senior secured term loan and revolving credit facilities to re-finance the New Covert Generating Facility, a natural gas-fired, combined-cycle electric generating facility in Covert, Michigan with a capacity of 1,176 MW, owned by Eastern Generation, an affiliate of ArcLight Capital.
Representation of Bank of China, The Export-Import Bank of China, Shandong Branch, and Heze Branch of Evergrowing Bank Co., Ltd. in connection with the financing of the construction and development of a methanol plant by Yuhuang Chemical, Inc. to be located in St. James Parish, Louisiana.
Representation of Goldman Sachs Lending Partners LLC, Investec Inc., and Industrial & Commercial Bank of China Ltd., New York Branch, as joint lead arrangers, for the approximately US$900 million hybrid term loan A and term loan B funding of the construction, operation and maintenance of an approximately 1,124 MW 3x1 combined cycle natural gas-fired electric generating unit to be constructed in Snyder County, Pennsylvania, one of the largest coal-to-natural gas power conversion projects in the United States. Panda Hummel was one of the first hybrid term loan A / term loan B financings.
Representation of Goldman Sachs Lending Partners LLC, Credit Suisse Securities (USA) LLC, Ares Capital Corporation and Union Bank as joint lead arrangers in connection with the project financing of Moxie Energy’s planned 829 megawatt natural gas-fired, combined-cycle Liberty generating station being developed in Bradford County, Pennsylvania. When completed, the Liberty project will be the first new power plant in Pennsylvania specifically developed to take advantage of its proximity to the Marcellus Shale gas formation. The Moxie Liberty transaction was the fourth financing of a power plant by Panda Power Funds within a year.
Represented QGOG Constellation S.A., a market leading provider of offshore oil and gas contract drilling and FPSO services in Brazil ("QGOG"), in connection with its offer to exchange any and all of its outstanding US$700 million aggregate principal amount of 6.250% Senior Notes due 2019 (the "Existing Notes") for newly issued 9.000% Cash / 0.500% PIK Senior Secured Notes due 2024 (the "New Notes") and related solicitation of consents with respect to certain amendments to the indenture governing the Existing Notes.
