"Exempt Facilities" are privately owned projects that are financed with tax-exempt “private activity” bonds using state and local government entities as the conduit issuers of such bonds. Exempt facilities include (but are not limited to):
- Solid waste disposal facilities
- Sewage facilities
- Water furnishing facilities
- Facilities for the local furnishing of electric energy or gas (commonly referred to as “two-county” utility projects)
- Refinancings of pollution control facilities
- Docks and wharves
- Surface freight transfer facilities
- Mass commuting facilities
We have extensive experience serving as bond counsel, underwriter’s counsel, borrower’s counsel and counsel to conduit issuers on all types of exempt facility financings throughout the U.S. Our project finance experience includes:
- Investor-owned utilities
- Oil companies
- Steel and aluminum companies
- Agricultural companies
- Pharmaceutical companies
- Renewable energy companies
- Waste disposal companies
- Utility cooperatives
- Paper companies
- Business entities in other industries
