Joseph Saverino

Joe Saverino is a partner and member of Chapman’s Public-Private Partnerships Practice and Public Finance Department and serves on Chapman’s Employment Committee.

Public-Private Partnerships (P3s)/Energy-as-a-Service Transactions

As a member of Chapman’s P3 team, Joe works on P3 financings across the country, including Energy-as-a-Service transactions. Joe has represented a prominent energy developer, headquartered in Louisiana, as developer’s counsel, in Energy-as-a-Service transactions located in California, Oregon, Hawaii, Indiana, South Carolina, Tennessee, Texas and New Jersey and is currently working on additional EaaS transactions located across the United States. In addition, Joe has served as underwriter’s counsel for The Bond Buyer’s inaugural P3 Deal of the Year (2019). The financing involved the Commonwealth of Virginia partnering with Transurban, an Australian toll road operations company, to finance the construction of the Fredericksburg Extension, an extension of the I-95 HOV/HOT Lanes (Express Lanes) in Stafford County, Virginia. The project was financed in part by $262 million of tax-exempt private activity bonds issued by the Virginia Small Business Financing Authority.

Joe served as underwriter’s counsel on P3 financings and projects involving Terminal 4 at JFK Airport in New York and the Lincoln South Beltway in Nebraska. The Lincoln South Beltway project was named The Bond Buyer’s P3 Deal of the Year (2020) for its financing structure, which is the first-of-its-kind in the United States and consists of a publicly offered tax-exempt bond financing, with such bonds being repaid, in part, through payments by the Nebraska Department of Transportation on deferred contract payment certificates.

Public Finance

As a member of the firm’s Public Finance Department, Joe works on municipal financings for school districts, park districts, cities, villages, counties, special service areas, and townships in the roles of bond counsel, disclosure counsel, and underwriter’s counsel. He manages due diligence calls with issuers prior to public offerings of municipal obligations and advises issuers, commercial banks, investment banks, and municipal advisors on state law and federal tax law matters related to the structure and sale of governmental obligations.

Joe speaks widely at industry forums and on panels discussing P3/Energy-as-a-Service transactions, municipal law topics and has presented best practices compliance presentations for the firm’s clients.

Notable Engagements