Existing user? Sign in
Share your needs with us, get contacted by law firms.
Free. Takes 2 min.
Or refine your search by selecting a city:
Refine your search by selecting a city.
Project finance is a specialized area of law that focuses on the funding and management of large-scale infrastructure and industrial projects. In Florida, project finance often supports ventures such as renewable energy facilities, transportation networks, water treatment plants, and real estate developments. The structure of project finance typically involves securing funding based on the projected cash flow of the project rather than the balance sheets of the project sponsors. Legal professionals play an essential role in structuring deals, drafting contracts, ensuring regulatory compliance, and mitigating risks throughout the project lifecycle.
A lawyer with experience in project finance can provide crucial assistance in several scenarios:
Florida is governed by both state and federal laws related to project finance. Key aspects relevant to project finance in the state include:
Project finance is a method of structuring the funding for large projects, where repayment is based primarily on the cash flow generated by the project, with project assets, rights, and interests held as collateral.
Typical projects include transportation infrastructure, energy facilities, water and wastewater treatment plants, real estate developments, and public private partnership initiatives.
Key risks include construction delays, cost overruns, regulatory changes, environmental issues, and failure to achieve projected revenues. Legal counsel helps identify and mitigate these risks.
Public private partnerships in Florida are authorized under Chapter 255 of the Florida Statutes, allowing collaboration between government entities and private companies for infrastructure and public services projects.
Most large projects require permits from county or municipal governments, environmental clearances from the Florida Department of Environmental Protection, and possibly federal agencies depending on project type.
Environmental regulations require thorough assessments, permitting, and sometimes mitigation. Failure to comply can lead to significant delays, fines, or project shutdowns.
Lawyers advise on deal structuring, negotiate and draft contracts, ensure regulatory compliance, perform due diligence, and protect stakeholders’ interests throughout the project lifecycle.
Collateral usually consists of project assets, contracts, and future revenue streams. Security interests are perfected under the Florida Uniform Commercial Code.
If a project fails, creditors may enforce their security interest in the project’s assets. Legal counsel can advise on bankruptcy proceedings, restructuring, or asset transfers.
Florida offers tax incentives for projects such as renewable energy, affordable housing, and economic development. Eligibility depends on compliance with specific state and local requirements.
Several organizations and agencies can provide further information or assistance related to project finance in Florida:
If you are involved in or considering a project that requires substantial financing in Florida, consulting with a lawyer who specializes in project finance is highly recommended. An attorney can help you:
To get started, consider compiling your project documents, financial projections, and a summary of your goals. Then, research experienced project finance attorneys in your area or contact the Florida Bar Association for a referral. A qualified legal professional can guide you step by step, helping to ensure the success of your financed project in Florida.
