1 minute read | March.21.2025
The IJGlobal Awards 2024 in New York recognized the Henry Ford Health System Central Energy Hub Project as PPP Deal of the Year, North America, honoring top greenfield and refinancing deals in the energy and infrastructure industry.
Orrick advised the underwriters and served as special tax counsel in the design, construction, financing, operations and maintenance of the Central Energy Hub, which will provide electric heating and cooling to several new hospital buildings. The transaction utilized a novel application of not-for-profit tax-exempt financing through a project-developer-led approach, advancing the energy-as-a-service model.
Orrick’s Matthew Neuringer led the team as underwriters’ counsel, with Chas Cardall providing key leadership in tax structuring and valuable contributions from Robyn Helmlinger and Joshua Bonney of our public finance team. The Energy & Infrastructure team provided invaluable support, including Joseph Lodico, Ladan Mohaddes, Henry Mckenzie, Ian Busche and Young Lee.