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Latin Lawyer Features Haynes and Boone in 2013 International Directory

Latin Lawyer has highlighted Haynes and Boone, LLP lawyers and four practice groups in its 2013 International Directory. >>

Washington, D.C. Super Lawyers Recognizes Three from Haynes and Boone

WASHINGTON, D.C. – Three Haynes and Boone, LLP lawyers have been named in the 2013 Washington, D.C. Super Lawyers annual award listing. >>



Recent Publications

Law360 Guest Article: The Who, What And Why Of Public-Private Partnerships

The term “public-private partnership” (PPP) describes a cooperative arrangement between a host government and a private entity to provide affordable infrastructure to meet public needs. Governments turn to the private sector to design, build, finance and/or operate new infrastructure, or to refurbish existing infrastructure, in order to improve the delivery of services and the management of facilities. >>



Herbert A. Glaser

Senior Counsel

Washington, D.C.


800 17th Street, NW
Suite 500
Washington, 20006-3962
T +1 202.654.4513
F +1 202.654.4243

Houston


1221 McKinney Street
Suite 2100
Houston, 77010
T +1 713.547.2034

Áreas de Practica

Educación

  • J.D., University of Michigan Law School
  • B.A., Kalamazoo College
  • Diplome, Université de Strasbourg, École des Hautes Études Européennes

Bar Admissions

  • District of Columbia

Idiomas

  • Inglés
  • Francés
Herbert A. Glaser

Herb Glaser practices in the areas of structured and project finance. He has been recognized as a leading Projects practitioner by Chambers and Partners and Best Lawyers in America. Herb is regularly named a leading projects lawyer by other prominent peer-reviewed publications, including the Guide to the World's Leading Project Finance Lawyers, The International Who's Who in Project Finance Lawyers and Washington, D.C. SuperLawyer.

Herb's practice focuses on project finance and project development transactions, as well as joint ventures and mergers and acquisitions, of project or special purpose companies. He has substantial experience in a variety of industries, including power, energy, telecommunications and information technology, and in emerging markets throughout Latin America and the Caribbean, Asia, Africa and Central and Eastern Europe. He has led transactions utilizing assistance from multilateral and bilateral funding and political risk insurance sources such as U.S. Eximbank, the Overseas Private Investment Corporation, the World Bank, the International Finance Corporation, the Multilateral Investment Guaranty Agency, the Japan Bank for International Cooperation and the U.K. Export Credits Guarantee Department.

Herb has represented clients in the following:

  • Representation of Mirant Corporation in the $1.1 billion disposition of utilities and power generation facilities located in Jamaica, Trinidad, the Bahamas and Curaçao.
  • Representation of the Overseas Private Investment Corporation in a syndicated $150 million facility for the banking sector in Iraq, a facility that included the first loans by major Western banks at risk in that country since the overthrow of Saddam Hussein.
  • Greenfield development and financing of more than 5,000 MW of coal and natural gas-fired power projects in Virginia, Florida, Illinois, Brazil, Argentina, Colombia, Turkey, Egypt, Indonesia, the Philippines, Thailand, Poland and the Czech Republic.
  • Acquisition bid for more than $2 billion for 11 power plants aggregating 9,000-MW in the New England region.
  • Renegotiation of power purchase arrangements and the related financing structure for a 1,320-MW, $2.5 billion coal-fired power plant in Indonesia.
  • Representation of Parsons Transportation Group, as Facility Provider, in the ground-breaking $1.5 billion Houston Light Rail Phase 2 public-private partnership to create four additional light rail lines serving the Houston metropolitan area.
  • Formation of a $3 billion international joint venture between a leading U.S. telecommunications firm and two of the largest telecommunications companies in Europe.
  • Formation of international investment funds focusing on Central Europe, South Asia, Southern Africa, and Latin America.

Since 2008, Herb has served as an Adjunct Professor of Law at the Georgetown University Law Center. From 2005 through 2007, he served as Co-Chair of the International Energy and Natural Resources Committee of the American Bar Association. From 2002 through 2007, he also served as head of the firm's Projects Practice Group.

Prior to joining Haynes and Boone, LLP, Herb was Executive Vice President and General Counsel of OptiGlobe, Inc., the leading Internet infrastructure company in Latin America. He previously served as Vice President and Associate General Counsel of Edison Mission Energy, a leading global independent power producer with over 24,000 megawatts of capacity at 40 plants in 10 countries, and as Associate General Counsel at the Overseas Private Investment Corporation, with responsibility for finance, political risk and investment fund activities.

Herb is a frequent writer and speaker on international project and structured finance issues:

  • Guest Author with Maryam Khosharay, "The Who, What and Why of Public-Private Partnerships," Law 360, May 13, 2013.
  • Lead Author, "Thoughts on the Validity of DOE Loan Guarantees," Bloomberg Law Reports, Vol. 5, No. 3, March 5, 2012.
  • Lead Author, "DOE Loan Guarantees Under Attack - Storm Clouds on the Horizon for U.S. Alternative Energy?," Project Finance International, Issue 473, January 25, 2012.
  • Participant, "How Bright is the Future for Solar PV?" Lawrence Graham LLP, London, Seminar, April 6, 2011.
  • Moderator, "The Future of U.S. Government Financial Assistance for Alternative Energy Projects," Haynes and Boone Seminar, March 3, 2011.
  • Speaker, "Recent Developments in United States Government Energy Assistance Programs," Law Seminars International, Minneapolis, Minnesota, August 2010.
  • Speaker and Panelist, "DOE Loan Guarantees - Federal Financing of Major Energy Projects - Legal Lessons for the Future," Energy Bar Association Mid-Year Meeting, Washington, D.C., December 2010.
  • Session Chair and Speaker, "The Financial Crisis, Stimulus and Project Finance," American Bar Association Annual Meeting, Chicago, Illinois, July 2009. 
  • Speaker, "A U.S. Perspective on the Effects of the Credit Crunch on Financiers," 7th Biennial Conference on Project Finance, International Bar Association, Washington, D.C., April 2009. 
  • Session Chair and Speaker, "Industry Challenges and Opportunities in Focus," 5th Biennial Conference on Project Finance, International Bar Association, Washington, D.C., April 2005. 
  • Panel Chair, "Responding to Changing Institutional Models in the International Electric Power Sector," American Bar Association Section on International Law Spring Meeting, Washington, D.C., April 2005. 
  • "Fundamentals of Project Finance in the Energy Sector," American Bar Association Section on International Law Fall Meeting, Houston, Texas, October 2004. 
  • "Project Finance of the Etame Oil Field, Offshore Gabon," State Bar of Texas Annual International Project Development Conference, Houston, Texas, September 2004. 
  • "Inter-Creditor and Inter-Sponsor Dynamics in Troubled Projects," Project Finance Workouts Conference (Infocast), New York, New York, September 2003.

Selected Representative Experience


Verdeo Group Inc. Acquisition
Represented Sindicatum Carbon Capital, the Singapore-headquartered climate change and global sustainable resources company, in the acquisition of 100 percent of the outstanding shares of Verdeo Group Inc., a leading North American methane and emissions management firm. The resulting combined business operates a portfolio of projects in the North American mining, landfill, and oil and gas sectors. The portfolio included the largest coal mine methane project in the United States, several operating clean energy generation assets, and multiple projects listed on the Climate Action Reserve and other leading GHG registries in the United States.

“Green” Fly Ash Beneficiation Facility in Charles County, Maryland
Assisted Mirant Corporation (now GenOn Energy) with all contractual arrangements for a thermal fly ash beneficiation facility to be built at Mirant’s 1,467-MW Morgantown power plant located in Charles County, Maryland. The Morgantown fly ash beneficiation facility will be the largest thermal facility ever deployed in the United States. When completed, it will be capable of processing up to 400,000 tons of fly ash per year.

Multi-Currency Financing - Mirant - Sale of Caribbean Assets
Represented Mirant Corporation in its divestiture of various Caribbean majority-owned and minority-owned power-related assets and operation.

$2.6 Billion Financing - Power Generation Plant
Lead Counsel to the sponsor of a 1430 MW fluidized-bed coal fired power generation plant near Surabaya, Java in the renegotiation of a power purchase contract and financing arrangements totaling $2.6 billion.

Carbon Black Manufacturing Facility - Indonesia
Lead counsel to the lenders for a $65 millon project financing of a carbon black manufacturing facility in Cilegon, East Java, Indonesia.

$2.1 Billion Bid for 7,000 MW of Generating Capacity - Multiple Fuel Sources
Lead counsel to prospective acquiror a $2.1 billion bid for 7,000 MW of generating capacity using multiple fuel sources from the New England Electric System (NEES).

Steel Mini-Mill in Brazil
Lead counsel to the lenders for a $72 million project finance loan for a steel mini-mill in Brazil.

340-MW Power Generation Plant in san Juan, Puerto Rico
Project counsel to project sponsor on the development, construction, operation and financing of a $375 million 340-MW gas-fired combined cycle power generation plant outside San Juan, Puerto Rico.

Cellular Telephone System in Northern Argentina
Lead counsel to the lenders for a $100 million project financing of a cellular telephone system for northern Argentina.

Purchase and Financing of Generating Capacity - Commonwealth Edison (Chicago)
Lead counsel to the acquiror in the purchase and financing for more than $5 billion of 10,000 MW of generating capacity from Commonwealth Edison (Chicago).

Diesel-Fired Generators in Rio de Janeiro and Sao Paulo, Brazil
Lead counsel to the seller/lessee on the sale-leaseback and $36 million project financing of two 18- KW diesel-fired generators in Rio de Janeiro and Sao Paulo, Brazil.

Open-Pit Gold and Copper Mine in Northern Bolivia
Lead counsel to the lenders on a $55 million project finance loan for an open-pit gold and copper mine in Northern Bolivia.

Aluminum Can Manufacturing Plant Outside Buenos Aires
Lead counsel to the lenders in the $75 million project financing of an aluminum can manufacturing plant outside Buenos Aires.

Bid for 380MW Power Plant in Egypt
Acted as lead counsel to an international power producer on a bid for a 380MW natural gas-fired combined cycle power generation plant at Sidi Krir, Egypt.

Cogeneration Facility in Curacao, Netherlands Antilles
Lead counsel to sellers in the sale and purchase of a 133-MW electricity, steam, desalinated water and compressed air production facility in Curacao, Netherlands Antilles.

Ethanol Production Plant Utilizing Corn Feedstock in Nebraska
Counsel to the sponsors in connection with the restructuring and refinancing of a 42 million gallons/year ethanol production plant utilizing corn feedstock in Nebraska.

Project Financing - $375 Million 340-MW Gas-Fired Combined Cycle Power Generation Plant near San Juan, Puerto Rico
Project counsel to project sponsor on the development, construction, operation and financing of a $375 million 340-MW gas-fired combined cycle power generation plant outside San Juan, Puerto Rico.

Project Financing - Power Generation Plant in Batangas, Luzon, the Philippines
Lead counsel to the lenders on a $1.2 billion project finance loan for a 1,000-MW natural gas fired combined cycle power generation plant in Batangas, Luzon, the Philippines.

$150 Million Bid - Power Plant in Florida
Lead counsel to prospective acquiror in a $150 million bid for a 440-MW natural gas-fired combined cycle power plant in Florida.

$150 Million Project Financing - Middle Market Enterprises in Iraq
Acted as lead counsel to the lender in the creation and administration of a $150 million project financing of a financial institution to assist middle market enterprises in Iraq.

Project Financing - Power Generation Plant in Mindanao, the Philippines
Lead counsel to the lenders on an $800 million project finance loan for a 750-MW natural gas-fired combined cycle power generation plant in Mindanao, the Philippines.

Memberships

  • The District of Columbia Bar
  • American Bar Association
  • International Bar Association

Online Publications

05/13/2013 - Law360 Guest Article: The Who, What And Why Of Public-Private Partnerships
The term “public-private partnership” (PPP) describes a cooperative arrangement between a host government and a private entity to provide affordable infrastructure to meet public needs. Governments turn to the private sector to design, build, finance and/or operate new infrastructure, or to refurbish existing infrastructure, in order to improve the delivery of services and the management of facilities.

03/20/2012 - Bloomberg Law Reports Guest Article: Thoughts on the Validity of DOE Loan Guarantees
In November of last year, CAlifornians for Renewable Energy (CARE), a self-described "advocate for environmentally- and community-sensitive energy projects," filed a lawsuit in Washington, D.C. federal court against the U.S. Department of Energy (DOE).1

01/26/2012 - Project Finance International Guest Article: DOE Loan Guarantees Under Attack
This article appeared in Project Finance International, Issue 473, January 25, 2012

On November 28, 2011, CAlifornians for Renewable Energy (“CARE”) filed a lawsuit in the Federal District Court in Washington, D.C., against the U.S. Department of Energy (“DOE”) and the Federal Financing Bank (“FFB”) that threatens the viability of more than 6.5GWs of clean energy projects. These projects have received DOE’s support under the so-called “alternative energy loan guarantee program” established by DOE pursuant to Section 1705 of the Energy Policy Act of 2005, as amended (“EPAct”).

02/15/2010 - U.S. Department of Energy Loan Guarantee Program
An overview of the U.S. Department of Energy Loan Guarantee Program presented as part of the Financial Institution Partnership Program, February 2010.