May 27, 2022

Volume XII, Number 147


Matthew A. Stuart

Matt focuses on domestic and international energy and infrastructure projects.

Matt focuses his practice on project finance and development transactions, including developing, privatizing, restructuring, and financing a wide range of projects throughout the world, with an emphasis on drafting project agreements and regulatory documents for energy and infrastructure projects, analyzing and advising on regulatory systems and energy laws and licenses, and assisting with cross-border transactions. He advises governments, utility companies, and developers and has experience negotiating and developing a variety of project documentation.

Relevant Experience

  • Advising the Government of Georgia and the International Finance Corporation on the development of the Nenskra Hydroelectric Power Project.
  • Advising the US Energy Association and the Government of Kenya on a Steam Supply Agreement assessment.
  • Advising the World Bank and the Government of Kenya on an evaluation of oil and gas legislation throughout Africa and the development of a modern and competitive legal, regulatory, and fiscal framework for Kenya based on international and regional best practices.
  • Advising the Government of the Republic of Zambia in its effort to strengthen and improve the institutional and regulatory framework for the oil and gas sector in Zambia.
  • Advising the Government of Kosovo on the development of the Kosovo e Re Project, an approximately 500 MW new power plant.
  • Advising an international corporation on the development, financing, and operation of a subsea fiber optics network linking major cities in East Africa and other locations, including Mtunzini, South Africa to Mumbai, India and Marseille, France, via Mozambique, Madagascar, Kenya, Tanzania, and Egypt. The state-of-the-art US$650 million fiber optic cable extends 15,000 km along the eastern coast of Africa, linking the continent to India and Europe. In 2008 the deal was awarded Project Finance magazine’s ‘African Telecoms Deal of the Year.’
  • Advised with respect to loan guarantee applications to the US Department of Energy for new nuclear power plants.
  • Advised utilities and suppliers concerning nuclear legal liability structures in the US and other countries.
  • Advised suppliers with respect to spent nuclear fuel storage and decommissioning issues.
  • Advising a government entity and an international finance institution in relation to upgrading the legal and regulatory framework governing the country’s water and sanitation sector, including the creation of regulatory institutions to oversee the sector.
  • Advised a private sector client on a series of transportation sector design-build contracts, including for a US$150 million runway and a US$36 million runway at a major international airport, a US$58 million stretch of roads and bridges in Indiana, a US$43 million stretch of highway and an US$18 million road in Texas, a US$41 million stretch of interstate in Louisiana and US$19 million and US$10 million stretch of road in Louisiana, and a US$22 million stretch of highway in Arkansas.

Articles in the National Law Review database by Matthew A. Stuart