Herb Glaser practices in the areas of structured and project finance. He is recognized as a leading Projects practitioner by Chambers and Partners in its Chambers USA 2008 guide. Herb is regularly named a leading projects lawyer by other prominent peer-reviewed publications, including the Guide to the Word's Leading Project Finance Lawyers, The International Who's Who in Project Finance Lawyers and Washington, D.C. SuperLawyer.

Herb's practice focuses on project finance and project development transactions, as well as joint ventures and mergers and acquisitions, of project or special purpose companies. He has substantial experience in a variety of industries, including power, energy, telecommunications and information technology, and in emerging markets throughout Latin America and the Caribbean, Asia, Africa and Central and Eastern Europe. He has led transactions utilizing assistance from multilateral and bilateral funding and political risk insurance sources such as U.S. Eximbank, the Overseas Private Investment Corporation, the World Bank, the International Finance Corporation, the Multilateral Investment Guaranty Agency, the Japan Bank for International Cooperation and the U.K. Export Credits Guarantee Department.

Herb has represented clients in the following:

• Representation of Mirant Corporation in the $1.1 billion disposition of utilities and power generation facilities located in Jamaica, Trinidad, the Bahamas and Curaçao.
• Representation of the Overseas Private Investment Corporation in a syndicated $150 million facility for the banking sector in Iraq, a facility that included the first loans by major Western banks at risk in that country since the overthrow of Saddam Hussein.
• Greenfield development and financing of more than 5,000 MW of coal and natural gas-fired power projects in Virginia, Florida, Illinois, Brazil, Argentina, Colombia, Turkey, Egypt, Indonesia, the Philippines, Thailand, Poland and the Czech Republic.
• Acquisition bid for more than $2 billion for 11 power plants aggregating 9,000-MW in the New England region.
• Renegotiation of power purchase arrangements and the related financing structure for a 1,320-MW, $2.5 billion coal-fired power plant in Indonesia.
• Representation of Parsons Transportation Group, as Facility Provider, in the ground-breaking $1.5 billion Houston Light Rail Phase 2 public-private partnership to create four additional light rail lines serving the Houston metropolitan area.
• Formation of a $3 billion international joint venture between a leading U.S. telecommunications firm and two of the largest telecommunications companies in Europe.
• Formation of international investment funds focusing on Central Europe, South Asia, Southern Africa, and Latin America.

Since 2008, Herb has served as an Adjunct Professor of Law at the Georgetown University Law Center. From 2005 through 2007, he served as Co-Chair of the International Energy and Natural Resources Committee of the American Bar Association. From 2002 through 2007, he also served as head of the firm's Projects Practice Group.

Prior to joining Haynes and Boone, LLP, Herb was Executive Vice President and General Counsel of OptiGlobe, Inc., the leading Internet infrastructure company in Latin America. He previously served as Vice President and Associate General Counsel of Edison Mission Energy, a leading global independent power producer with over 24,000 megawatts of capacity at 40 plants in 10 countries, and as Associate General Counsel at the Overseas Private Investment Corporation, with responsibility for finance, political risk and investment fund activities.

Herb is a frequent writer and speaker on international project and structured finance issues:

• Lead Author, "Thoughts on the Validity of DOE Loan Guarantees," Bloomberg Law Reports, Vol. 5, No. 3, March 5, 2012.
• Lead Author, "DOE Loan Guarantees Under Attack - Storm Clouds on the Horizon for U.S. Alternative Energy?," Project Finance International, Issue 473, January 25, 2012.
• Participant, "How Bright is the Future for Solar PV?" Lawrence Graham LLP, London, Seminar, April 6, 2011.
• Moderator, "The Future of U.S. Government Financial Assistance for Alternative Energy Projects," Haynes and Boone Seminar, March 3, 2011.
• Speaker, "Recent Developments in United States Government Energy Assistance Programs," Law Seminars International, Minneapolis, Minnesota, August 2010.
• Speaker and Panelist, "DOE Loan Guarantees - Federal Financing of Major Energy Projects - Legal Lessons for the Future," Energy Bar Association Mid-Year Meeting, Washington, D.C., December 2010.
• Session Chair and Speaker, "The Financial Crisis, Stimulus and Project Finance," American Bar Association Annual Meeting, Chicago, Illinois, July 2009. 
• Speaker, "A U.S. Perspective on the Effects of the Credit Crunch on Financiers," 7th Biennial Conference on Project Finance, International Bar Association, Washington, D.C., April 2009. 
• Session Chair and Speaker, "Industry Challenges and Opportunities in Focus," 5th Biennial Conference on Project Finance, International Bar Association, Washington, D.C., April 2005. 
• Panel Chair, "Responding to Changing Institutional Models in the International Electric Power Sector," American Bar Association Section on International Law Spring Meeting, Washington, D.C., April 2005. 
• "Fundamentals of Project Finance in the Energy Sector," American Bar Association Section on International Law Fall Meeting, Houston, Texas, October 2004. 
• "Project Finance of the Etame Oil Field, Offshore Gabon," State Bar of Texas Annual International Project Development Conference, Houston, Texas, September 2004. 
• "Inter-Creditor and Inter-Sponsor Dynamics in Troubled Projects," Project Finance Workouts Conference (Infocast), New York, New York, September 2003.

Selected Representative Experience

Memberships

• The District of Columbia Bar
• American Bar Association
• International Bar Association

Online Publications