Akin Gump Represents The Jefferson Energy Companies in $425 Million PPP Financing
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(New York and Dallas) – A cross-office team from Akin Gump represented The Jefferson Energy Companies, a subsidiary of Fortress Transportation and Infrastructure Investors LLC, in a $425 million public-private-partnership (PPP) financing undertaken with The Port of Beaumont Water Navigation District of Jefferson County, Texas.
The $425 million debt issuance closed on August 18, 2021 and consisted of $225 million of tax-exempt bonds and $200 million of taxable bonds.
The Akin Gump team advising Jefferson was led by corporate partner Brittain Rogers and included partner Lucas Torres; counsel John Patrick Clayton; partners Matt Bivona and John Bain; senior counsel Jeff Cohen; counsel Charles Armbrust; and associates Jacob Alexander Shapiro and Laura Lindsay Tatum.
Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
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