Mark R. Spivak

Partner

mark.spivak@bakerbotts.com

Washington, D.C.

P: +1.202.639.7774 F: +1.202.585.1081
Mark Spivak Photo

Mark Spivak is a partner in the Global Projects Practice in the Washington office. His practice focuses primarily on project development and project finance in the power generation (including renewable energy), electric energy transmission, oil and gas, LNG, pipeline and transportation industries. His clients include sponsors, developers, private equity firms and other investors engaged in the development and financing of infrastructure projects.

Mr. Spivak has represented clients in transactions worldwide, including North America, South America, Central America, Eastern and Western Europe, the Middle East and Africa.

Recognized for his experience in Projects and Project Finance, Mr. Spivak has received favorable rankings and ratings from numerous publications, including Chambers Global (2010-2018), Chambers USA (2005-2017), Legal 500 (2009-2014, 2016), Latin Lawyer (2014-2016), Who's Who Legal (2012-2016), and Best Lawyers in America (2003-2018, 2020).

Mr. Spivak received his law degree in 1983 from Georgetown University Law Center, where he was Editor of The Tax Lawyer. He received his BA in 1980 from Muhlenberg College. He is admitted to practice in the District of Columbia and has served as adjunct professor at Georgetown University Law Center, teaching a course in Project Development and Finance.

Related Experience

  • Affiliates of Navigator Holdings in connection with the financing of its interest in an ethylene export facility located in Texas
  • The sponsors and borrowers, affiliates of The AES Corporation and Inversiones Bahía, in the project financing of the Colón LNG-to-power project. This will be the largest combined-cycle power generation facility and first LNG import terminal to be built in Panama. The senior lender group includes International Finance Corporation (IFC), Central American Bank for Economic Integration (CABEI), Bancolombia S.A. Sucursal Panama, Banistmo S.A., Bancolombia Puerto Rico Internacional Inc., Banco General, S.A. and Global Bank Corporation
  • Alto Maipo SpA in the restructuring of a 531 MW hydroelectric project in Chile
  • A subsidiary of Brookfield Renewable Partners L.P. in connection with the acquisition financing for the Holtwood and Wallenpaupack hydroelectric power projects
  • Energy Transfer Partners, L.P. in drafting and negotiating project agreements for the development, construction and operation of intrastate pipelines in Texas to the border with Mexico
  • Highstar Capital in connection with a PPP transaction involving its entry into a long-term lease and concession agreement with the City of Austin, pursuant to which a Highstar Capital portfolio company will redevelop and operate a terminal at Austin-Bergstrom International Airport in Austin, Texas
  • The borrower, Alto Maipo SpA, in the project financing of a 531 MW hydroelectric project in Chile – Project Finance International’s Latin America Power Deal of the Year. The senior lender group includes International Finance Corporation (IFC), Inter-American Investment Corporation (IIC), Overseas Private Investment Corporation (OPIC), Banco de Crédito e Inversiones S.A., Banco del Estado de Chile, Banco Itaú, Corpbanca, DNB Bank ASA and KfW Ipex-Bank GmbH
  • Transelec S.A. in the development and project financing of a 188 km electric transmission line that delivers energy to the Caserones copper mine in Chile
  • A subsidiary of Brookfield Renewable Partners L.P. in connection with acquisition financing for the Safe Harbor hydroelectric project
  • Constellation Energy Group in the project financing of rooftop and ground-mounted solar projects in various states throughout the U.S.
  • Exmar N.V. in the project financing of a floating liquefaction and storage facility to be located offshore Colombia
  • The sponsors and borrower, an affiliate of AES Gener S.A. and Mitsubishi Corporation, in connection with the project financing of a 472 MW pulverized coal-fired generating facility in Chile. Financing was provided by Japan Bank for International Cooperation (JBIC), Korea Trade Insurance Corporation (K-Sure), Nippon Export and Investment Insurance (NEXI), Banco del Estado de Chile, The Bank of Tokyo-Mitsubishi, Sumitomo Mitsui Banking Corporation, HSBC Bank USA, Mizuho Corporate Bank and Korean Finance Corporation
  • LS Power in the project financing of the Cross Texas Project, an approximately 234-mile electric transmission line and related facilities
  • Trans-Allegheny Interstate Line Company in the project financing of an approximately 210-mile electric transmission line and related facilities
  • AES Gener S.A. in the development and project financing of the Angamos project, a 462 MW coal-fired power plant in Chile; named Project Finance International's Power Deal of the Year (Americas), Power Finance & Risk's Deal of the Year
  • Shell Trading (U.S.) Company in connection with the financing, construction and long-term charter of three U.S. flag Jones Act product tankers

Awards & Community

Chambers Global, Projects (USA), 2010-2018

Chambers USA, Projects, 2005-2019

Legal 500 U.S., Project Finance, 2009-2014, 2016

Legal 500 Latin America, Projects and Energy, 2012-2016

Latin Lawyer 250, 2014-2016

Who's Who Legal (Law Business Research Ltd.), Project Finance, 2012-2018; Energy: Renewable/Alternative, 2015

Legal Media Group's (Euromoney's) Expert Guide to the World's Leading Banking Finance & Transactional Lawyers (Project Finance), 2004 - 2018

Legal Media Group's (Euromoney's) Expert Guide to the World's Leading Energy and Natural Resource Lawyers, 2003, 2005, 2007, 2009, 2011, 2013, 2018

The Best Lawyers in America (Woodward/White, Inc.), Project Finance, 2003-2018, 2020

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Gastech 2019

Baker Botts is proud to be a sponsor and the exclusive Legal Partner for the VIP Programme for Gastech 2019 being held in Houston, Texas on September 16-19.