Norton Rose Fulbright hosts Global Infrastructure Summit in New York

United States Press release - Business May 2024

Global law firm Norton Rose Fulbright hosted its Global Infrastructure Summit in New York City May 7 – 9. Attended by 40 Norton Rose Fulbright infrastructure lawyers from 18 offices and nine countries, the three-day event included a half-day seminar and reception for New York-based investors, as well as strategic planning for the future of infrastructure and meeting client needs. 

The client seminar featured a dialogue between George Pataki, former Governor of New York, and Don Campbell, former Canadian Undersecretary of State and Deputy Foreign Minister, covering the upcoming US and Canadian elections and potential impacts on the North American investment climate.  

Two additional sessions were held. The first was an update of the issues arising, and benefits flowing, under the Inflation Reduction Act in the US and similar government support programs in Canada and Australia. The second featured six Norton Rose Fulbright speakers from Australia, Canada, Singapore, the UK and the US as ‘contestants’ pitching emerging ‘nontraditional’ infrastructure asset classes as investment opportunities; highlights included plastics recycling, climate protective infrastructure projects, bolt-on decarbonization technologies, Small Modular Reactors (SMRs) and decommissioning of traditional power and renewable energy assets, among others.

“We are seeing a rapid evolution of the traditional infrastructure sector,” commented Doug Buchanan, Norton Rose Fulbright’s Global Head of Infrastructure and Resources. “The convergence of infrastructure and energy into a number of new asset classes tied to decarbonization/electrification and digitalization, most of which are supported in some way by governmental support programs, will require immense capital and continue to drive demand. Our multidisciplinary team is at the leading edge of these changes and the summit reinforced our commitment to support our clients across their business lines wherever in the world solutions are required.”

The summit also introduced Patrick Harder, who recently joined the firm in Los Angeles and will serve as US and North American Co-Head of Infrastructure alongside New York-based partner Doug Fried, and investment funds and corporate partner Liz Hastilow, who is a recent arrival to the firm in Sydney.

Over the past six years, Norton Rose Fulbright is ranked as the leading North American infrastructure legal advisor by volume, and our global team has advised on more than 710 energy and infrastructure transactions with a value of over US$329 billion in the aggregate (Infralogic, Q1 2024). Recently, the IJ Investor awards and IJ Global awards recognized the firm for its work advising on 20 award-winning energy and infrastructure projects across the globe in 2023.

View the Summit’s seminar agenda and speakers.
 

Contact

Global Head of Infrastructure and Resources