Our project finance capability draws on the skills of our banking, corporate, energy, real estate, securities and tax groups, as well as experience accumulated through privatizations and public-private partnerships. We have worked on non-recourse or limited-recourse projects in a variety of contexts, including electric power co-generation and the development of other natural resources, real estate development, public and private-sector infrastructure financings and securitizations. Our expertise covers unsecured and secured lending, by one lender or in syndication, as well as structured transactions such as acquisition and lender offer financings, securitizations and derivatives.