Richard Filosa advises clients on the development, construction, project financing, and transfer of electric generating facilities and other infrastructure projects. He counsels developers, investors, sponsors, financial institutions, and contractors through US and international infrastructure project finance ventures. He works with clients on every phase of project development and financing, from initial project structuring, development and permitting, to the negotiation and closing of construction and permanent financing arrangements. Rick also advises clients on mergers and acquisitions involving power production facilities and portfolios of power production assets. He currently serves as practice group leader for the firm’s project finance, infrastructure & natural resources practice.
He is practical, commercial, proactive and very competent at explaining things in layman's terms to commercial teams.
In connection with his project development and project financing work, Rick advises clients on engineering, procurement, and construction contracts, equipment purchase agreements, operations and maintenance agreements, long-term service agreements, fuel supply contracts, power purchase contracts, and construction and permanent financing arrangements.
Rick brings his engineering background to his work with clients. In his prior career, Rick worked as an environmental engineer for the US Environmental Protection Agency (EPA). Before that, he was an engineer with Stone & Webster Engineering Corporation, providing engineering and management support for various industrial, municipal, infrastructure, and power projects.
Merrimack College, 1983, B.S.
New England School of Law, 1994, J.D., Magna Cum Laude
Recognized, Best Law Firms for Project Finance (Sponsor-Side), United States (Excellent), Leaders League and Décideurs (2021)
MVP, Project Finance, Law360 (2020)
Ranked, Projects, USA, Chambers Global (2015, 2016, 2021, 2022)
Ranked, Projects, Nationwide, Chambers USA (2020–2022)
Ranked, Energy: Electricity (Transactional), Nationwide, Chambers USA (2014, 2017–2019)
Leading Lawyer, Industry focus: Energy transactions: conventional power, The Legal 500 US (2021, 2022)
Recommended, Finance: Project finance, The Legal 500 US (2019–2021)
Recommended, Industry focus: Energy: transactions: oil and gas, The Legal 500 US (2019–2021)
Recommended, Industry focus: Energy: renewable/alternative power, The Legal 500 US (2020, 2021)
Recommended, Industry focus: Energy transactions: conventional power, The Legal 500 US (2017–2020)
Recommended, Finance: Project finance: advice to sponsor, The Legal 500 US (2018)
Recommended, Finance: Project finance: advice to lender, The Legal 500 US (2013–2017)
Recognized, Who's Who Legal for Project Finance (2016–2020)
Member, Law Firm of the Year, Energy/Projects: Power (including Renewables), Chambers USA (2018)
Member, Practice Group of the Year, Energy, Law360 (2016)
Member, Energy Law Firm of the Year, US News & World Report/Best Lawyers (2015)