White & Case
  Jason K. Webber
Partner
New York

T: + 1 212 819 8230
F: + 1 212 354 8113
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Practice Experience
Mr. Webber concentrates in United States and international corporate and financial transactions, particularly those related to the tender, development and financing of energy, infrastructure and natural resource projects.

Mr. Webber's experience spans virtually all relevant industries, including renewable and thermal energy generation, electrical transmission, toll roads, light rail, airports, parking, deep water ports, social infrastructure, water, oil, natural gas, refining, petrochemicals, mining, telecommunications, and special economic zones. He is active in projects throughout the United States, Canada, Latin America, and the Arab Gulf States.

Mr. Webber has broad experience representing all stakeholders in such projects, including commercial developers, infrastructure funds and other financial sponsors, commercial lenders, multilateral development banks, export credit agencies, and foreign sovereigns and their state-owned enterprises.

He has represented the lead sponsors with respect to numerous world-scale natural resources and infrastructure transactions, including several of the largest and most innovative public-private partnership (PPP) infrastructure transactions in North America to date. This representation has included the negotiation of complex equity financing and governance arrangements, the preparation of competitive bids for infrastructure and natural resources concessions, the structuring of bankable construction and commercial arrangements, and the negotiation of multi-tranched debt financings (including bank debt, insured and uninsured project bond facilities, tax-exempt debt facilities and complex derivative transactions).

Mr. Webber also has significant experience representing clients in the debt financing of renewable and thermal electrical power, infrastructure and natural resources projects. His representation of these entities has included syndicated and club project financed bank debt, B term loan debt, structured financings, publicly insured loan facilities, and acquisition financing. In addition, Mr. Webber has advised the lenders on a number of significant and highly complex restructurings and workouts for troubled projects.

Finally, Mr. Webber has advised foreign sovereigns and their state-owned enterprises in the privatization and liberalization of state-run industries and companies. In this respect, Mr. Webber has significant experience in drafting enabling legislation, regulations, rules, licenses and concessions, as well as in structuring efficient and transparent tender offerings for existing assets and new project opportunities.

Examples or Mr. Webber's recent experience follow.

Power
In the power sector, Mr. Webber has advised clients with respect to projects having an aggregate capacity exceeding 10,000 megawatts (MWs). More than 30 of such projects (totaling over 3,000 MW in the aggregate) were solar, wind or other renewable projects. Mr. Webber's power experience includes the following:
  • Advised Credit Agricole, Mizuho and RBS, as mandated lead arrangers and lenders in the US$688 million project financing of NRG Energy's 550 MW combined cycle power plant in El Segundo, California.
  • Advised BayernLB in connection with the financing of Invenergy's 211 MW Bishop Hill I wind farm in Illinois.
  • Advised Grupo Cobra in connection with the acquisition and proposed financing of the 340 MW Hualapai Valley Solar concentrating solar power (CSP) generation facility with molten salt storage in Mohave County, Arizona.
  • Advised BayernLB in connection with the financing of Synergics' 40 MW Roth Rock wind power generating facility located in Garrett County, Maryland.
  • Advised BayernLB as sole mandated lead arranger, agent and lender in connection with the construction and bridge financing of Fotowatio Renewable Ventures' 35 MWp photovoltaic solar power plant in Webberville, Texas.
  • Advised Mizuho, Banco Espirito Santo, BayernLB, HSH Nordbank and NordLB, as lenders, in connection with the lenders' private sale in foreclosure and concurrent refinancing of the South Trent Wind Project, a 101 MW wind power generation facility in Nolan and Taylor Counties, Texas.
  • Advised Mizuho, Banco Espirito Santo, BayernLB, Commerzbank, ING Capital and HSH Nordbank as lenders in connection with the lenders' sale in lieu of foreclosure and concurrent refinancing of the Texas Gulf Wind Project, a 283 MW wind power generation facility in Kenedy County, Texas.
  • Advised the construction lenders in connection with the restructuring and ultimate disposition of three projects in Babcock & Brown's 2008 construction portfolio, including the 54 MW Butler Ridge Wind Project in Wisconsin, the 51 MW Wessington Wind Project in South Dakota, and the 80 MW Majestic Wind Project in Texas.
  • Advised DnB NOR Bank as lender in connection with the 550 MW solar photovoltaic Desert Sunlight project in Riverside County, California developed by First Solar, NextEra and General Electric.
  • Advised BayernLB and ING Capital, as joint lead arrangers, in connection with the US$377 million project financing of Calpine's 596 MW Otay Mesa project, a natural gas-fired power generation facility located near San Diego, California.
  • Advised Credit Suisse, as underwriter, with respect to the "pooled" private offering of US$365 million of senior secured bonds by wholly-owned subsidiary issuers of NextEra whose principal assets consist of nine wind farms in the United States and a follow-on private offering of US$100 million of structurally subordinated senior secured bonds issued by the holding company of such subsidiary issuers.
  • Advised Deutsche Bank, ABN AMRO Bank and Inter-American Development Bank in connection with the financial restructuring and ultimate sale of the Tamuin power project, a 260 MW petroleum coke-fired electric generating facility in Mexico sponsored by ABB Alstom Power and Sithe International.
  • Advised the Inter-American Development Bank in connection with the project financing of a 520 MW combined-cycle gas-fired Termopernambuco power project in Suape, Brazil, sponsored by Iberdrola, Banco do Brasil and PREVI, which was named "Latin America Private Power Deal of the Year" for 2002 by Project Finance magazine.
  • Advised the Emirate of Abu Dhabi in connection with four independent power and water projects with aggregate capacity of 4,560 MWs of electricity and 296 MIGDs of water production. The first three transactions (Taweelah A2, Taweelah A1 and Shuweihat) were respectively named, inter alia, "1999 Water/Power Deal of the Year for the Middle East," "2000 Power Deal of the Year for Europe, the Middle East and Africa" and "2001 Power and Water Deal of the Year for the Middle East" by Project Finance magazine. The fourth transaction (Umm al Nar) was named "EMEA Top 10 Deal of the Year" by Project Finance International.
  • Advised the financing parties, including the gas hedge provider, in connection with the project financing of the Morris Cogeneration Project, a 177 MW gas-fired cogeneration facility acquired by Diamond Generating Corporation and located at Lyondell's petrochemical facility in Morris County, Illinois.

Infrastructure
  • Advised Macquarie in respect of the financing of the Port Mann Bridge project in Vancouver, Canada.
  • Advised Goldman Sachs Infrastructure Partners and Cintra Concesiones de Infraestructuras de Transporte, S.A. in their bid to acquire a concession and lease to operate the Alligator Alley toll road in Florida.
  • Advised the Export-Import Bank of the United States in connection with the proposed financing of a bid by a consortium of sponsors for the right to enter into a public-private partnership relating to the approximately 500-bed Bridgepoint Hospital in downtown Toronto, Canada.
  • Advised Macquarie in their bid to acquire a 50-year concession and lease to operate the Chicago Midway International Airport, the first privatization of a major hub commercial airport in the United States.
  • Advised a consortium led by Macquarie and Cintra in their bid for the right to enter into a 75-year concession and lease to operate, maintain and refurbish the 531-mile Pennsylvania Turnpike.
  • Advised Goldman Sachs Infrastructure Partners and Ingenieros Civiles Asociados in connection with their successful MXN 44.05 billion (US$4.1 billion) bid to refurbish, operate and maintain the Maravatio - Zapotlanejo and Guadalajara – Aguascalientes - León toll roads in the Mexican states of Michoacán, Jalisco, Guanajuato and Aguascalientes, including with respect to the negotiation of a MXN 37.1 billion (US$3.4 billion) "mini-perm" bank debt facility and associated interest rate hedges, which was the largest toll road privatization in the Americas to date and the largest Mexican peso-denominated bank facility ever made.
  • Advised BAA International Holdings, Ltd. (which has been acquired by Grupo Ferrovial SA) in connection with its successful US$2.2 billion bid for the concession to operate, maintain and refurbish the Budapest International Airport in Hungary which was the largest privatization in Hungary to date.

Oil & Gas
  • Advised the Saudi Arabian Oil Company (Saudi Aramco) with respect to the development of a 400,000 barrel per day export petroleum refinery, to be located at Yanbu on Saudi Arabia's Red Sea coast, to be developed by a joint venture between Saudi Aramco and Sinopec.
  • Advised Saudi Aramco with respect to the development of a US$9.9 billion refinery upgrade and major petrochemical complex at Rabigh on Saudi Arabia's Red Sea coast which is being developed by a joint venture between Saudi Aramco and Sumitomo.
  • Advised Occidental Petroleum and Qatar Petroleum in connection with the potential development of a grassroots oil refinery.
  • Advised BNP Paribas, as lead arranger, with respect to a US$195 million B term loan facility to Connacher Oil and Gas Ltd. to finance the initial pod (up to 180 MMBBL) of the Great Divide Oil Sands Project near Fort McMurray, Canada.
  • Advised Saudi Aramco and the Saudi Ministry of Petroleum and Mineral Resources with respect to a series of competitively bid upstream natural gas development projects consisting of more than 120,000 square kilometers of upstream acreage, and the subsequent negotiation of three joint ventures between Saudi Aramco and the successful bidders for the implementation of the resulting upstream development projects.
  • Advised Saudi Aramco with respect to an upstream development project consisting of more than 200,000 square kilometers of upstream acreage in the South Rub Al-Khali desert, being developed by a consortium consisting of Saudi Aramco and affiliates of Royal Dutch Shell and Total S.A.
  • Advised Saudi Aramco and the Saudi Ministry of Petroleum and Mineral Resources with respect to the initial proposed liberalization of the Saudi upstream natural gas industry, which at its inception consisted of three separate mega-projects integrating upstream natural gas exploration, midstream natural gas transportation and processing facilities, gas-fired power and desalination plants and an aggregate of four world-scale petrochemical facilities.

Mr. Webber is also active in post-conflict development. Prior to joining White & Case LLP in 1999, Mr. Webber served as the Legal Affairs Officer for the United Nations Children's Fund (UNICEF) in Kosovo where he spearheaded the re-establishment of Kosovo's juvenile justice system. Mr. Webber now provides ongoing advice to the International Crisis Group on a wide variety of matters, including with respect to its operations in areas experiencing and recovering from deadly armed conflict.

Bars and Courts
New York State Bar, 2002

Education
LLM, International & Comparative Law, Duke University School of Law, 1999
JD, Duke University School of Law, 1999
BA, Boston University, cum laude, The University Professors Program, 1994

Professional Associations and Memberships
American Bar Association
ABA Section of International Law and Practice

Languages
English

Citizenship
United States