Global law firm Norton Rose Fulbright has hired veteran project finance lawyer Douglas Buchanan to co-head its North American infrastructure practice as it plans to expand its focus on public-private partnerships.
Buchanan will serve as senior counsel for Norton Rose Fulbright in North America, working alongside co-heads Doug Fried in the US and Greg Lewis in Canada, according to a statement. Along with PPP contract structuring, Buchanan will contribute to the firm’s energy and natural resource practices as well as assisting its five Latin American infrastructure practices.
“Developers and investors in the infrastructure sector tend to treat the US and Canada as a single market,” Buchanan said in a statement. “It is the firm’s deep experience with a wide variety of structures and asset classes in both jurisdictions, along with its top-ranked project finance and US public finance practices, that makes the concept of a North America-wide service offering possible.”
He has built a 40-year track record in the industry, previously co-heading the infrastructure and project finance group at New York-based Debevoise & Plimpton. Before that, Buchanan built the infrastructure and PPP group at Canadian law firm DLA Piper.
In addition to his familiarity with the North American market, Norton Rose Fulbright appointed Buchanan because of business relationships he’s built with Japanese investors, according to the statement. The firm said it is seeking to expand the Japanese side of its business.
Norton Rose Fulbright has been increasing its legal capabilities in infrastructure and project finance since it merged in July 2017 with the law firm Chadbourne & Parke. At the time, Norton Rose Fulbright said the move would strengthen its standing in the sector.