Data Centers

We help data center owners, developers, private equity sponsors, infrastructure and real estate funds, and lenders structure, finance, build and operate mission-critical digital infrastructure. Our cross-practice team delivers a true “one-stop shop” across capital formation, development, construction, commercialization and optimization – anticipating issues at the intersection of technology, energy and regulation to keep projects on track and scalable.

Our clients benefit from a team that aligns real estate, construction, financing, power and project development, regulatory strategy, and disputes to address both legal and business challenges and mitigate risk throughout the data center lifecycle. We bring market-tested experience – from first-in-kind global framework agreements and multibillion-dollar joint ventures for greenfield developments to billions in securitization and asset-backed deal volume – backed by seasoned counsel on investigations, litigation and regulatory reviews before federal, state, local and territorial authorities. 

SELECT KEY AREAS

Finance

  • Deep experience with all capital sources relevant to data center and related power project development, from construction financing, project bonds, back leverage and tax equity investments.  
  • Advise on acquisition, construction, recapitalization, and development projects, for top lenders and investors worldwide.  
  • National leader for data center securitization and asset-backed transactions. 

Power Procurement

  • Leading law firm for energy procurement agreements for data centers (power purchase agreements – both physical and financial) all over the United States, working with energy companies and hyperscalers, alike. 
  • Deep and comprehensive understanding of the various ISOs and RTOs as well as behind-the-meter power procurement structures and utility interconnection agreements. 
  • Assist in all aspects of power project development and construction (including energy storage) and on-site back-up generation. 

Private Equity/M&A  

  • Highly experienced in complex transactions including mergers and acquisitions, leveraged buyouts, joint ventures and restructuring with strong industry knowledge in infrastructure, energy and technology. 
  • Full-service approach for acquisition, financing, structuring, project development, regulatory compliance, and tax optimization.

Real Estate

  • Deep bench of industry-focused lawyers represent owner-operators, investment managers, private funds, investors, public and private REITs, lenders and borrowers in complex real estate development transactions. 
  • Advise on all aspects of the acquisition, development, structuring, planning, financing and leasing data center facilities. 
  • Extensive experience in all facets of datacenter contracts, including long-term ground leases for development, build to suit leases for hyperscale clients, colocation agreements, service level agreements (SLAs) and synthetic leasing transactions. 

Construction

  • First in class EPC team dedicated to support clients with all aspects of their engineering, procurement and construction needs. 
  • First-movers in data center projects, representing hyperscalers and tech companies, with experience in AI infrastructure policy and unique aspects of AI data center construction. 
  • Highly capable and experienced with locating projects adjacent to power projects and the related joint asset ownership structures for common infrastructure. 

Energy Regulatory

  • Robust regulatory practice, representing power project developers, natural gas providers and energy trading companies in electric and natural gas pipeline regulatory matters.  
  • We understand the novel regulatory environment for oil & gas development and the principal energy regulators, including FERC, DOE, PHMSA, and U.S. Coast Guard, the DOI, and state and territorial agencies. 
  • Regularly help power generation, energy storage and energy pipeline developers in securing required authorizations for dozens of pipeline, storage and hydrocarbon export and import facilities. 

International Trade/Export Controls

  • Help clients navigate export controls, national security concerns, and foreign investment reviews, including CFIUS clearance and mitigation agreements, to reduce risks in AI and data center activities. 
  • Regularly advise multinational companies on export controls, sanctions, AML, customs, and anti-boycott issues, and implement robust compliance frameworks across global operations. 

Technology and Commercial Agreements

  • Market-leading experience in structuring, drafting, negotiating and advising on commercial transactions involving technology, intellectual property rights and data. 
  • Decades of experience advising on complex distribution and reseller agreements worldwide, including digital infrastructure, IT, telecom, and capacity arrangements for satellite, mobile, and subsea networks.

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