Radu Costinescu

Managing Partner

202-922-6039

rc@costinedman.com

Overview

Radu Costinescu’s practice focuses on domestic and international energy transactions, project finance, infrastructure development, and regulatory reform consulting in various sub-sectors of the energy and natural resources industries.  Prior to founding Costinescu Edman LLP, Radu accumulated over 11 years of experience at some of the top law firms in the energy and natural resources space. 

Radu is a summa cum laude graduate of Bates College, where he was elected to Phi Beta Kappa.  He obtained his Juris Doctor degree from the University of Chicago, where he was a member of the University of Chicago Law Review and served as a research assistant for the Hon. Richard A. Posner. 

Radu is licensed to practice law in New York and the District of Columbia.  He is a member of the Bars of New York State, the District of Columbia and the United States Supreme Court.

Representative engagements

Energy Transactions

Radu Costinescu has represented:


• A California municipality in drafting and negotiating a 20-year power purchase agreement ("PPA") involving the sale and purchase of energy, capacity, resource adequacy benefits, and renewable energy certificates ("RECs") from a 54MW solar photovoltaic power plant located in the CAISO balancing authority area and developed by a publicly listed solar company

• Multiple municipal clients in connection with numerous power purchase and sale transactions, including under the EEI Master Power Purchase and Sale Agreement

• A Kansas municipality in drafting and negotiating a long-term power purchase agreement in connection with the development and financing of a gas-fired generation facility

• A Wyoming municipality in connection with the purchase of a fractional interest in, and joint ownership of, a 100 MW power plant

• A Wyoming municipality in the acquisition of electric distribution facilities subsequent to a territorial annexation


• A consortium of Massachusetts municipalities in drafting and negotiating agreements relating to the joint ownership and project financing of a dual-fuel 266 MW power plant

• A Midwestern municipality in connection with its purchase of fractional leasehold interests in, and joint ownership of, an approximately 650 MW combined-cycle generating facility

• Two Arizona electrical districts in the negotiation of joint ownership and financing arrangements for a 500 kV transmission project

• A major U.S. power company in its $1.3 billion sale and leaseback of a Midwestern generation plant

• A major U.S. power company in its $500 million purchase of fractional interests in two nuclear plants

• The Privatization Steering Commission ("COPIREP") of the Democratic Republic of the Congo ("DRC") in developing model agreements (in French) relating to the project financing of energy infrastructure by the national electric company; helped organize and presented at a workshop on such model agreements in Kinshasa, DRC

Natural Resources

• Advised the Ministry of Mines of the DRC on the revision of the Mining Code, a project financed by the World Bank ("WB") and the UK Department for International Development ("DfID") (work performed entirely in French)

• Counseled the Ministry of Mines and Energy of Senegal on the reform of the legal and fiscal framework of the mining sector, a project financed by the WB (work performed entirely in French)

• Represented the WB in connection with: (a) the review of certain joint venture agreements relating to major mining projects in two francophone African countries; (b) the review of a model joint venture agreement proposed to be used by all state-owned mining companies in the DRC; and (c) the development of a strategy for the restructuring of state-owned enterprises (with a focus on the mining sector) in the DRC

Advised the government of a West African country on foreign investment and procurement legislation reform, as part of a multidisciplinary team affiliated with the International Senior Lawyers Project

• Represented a major U.S. mining company in connection with: (a) its financing and development of a mining project in Central Africa, and (b) its analysis of legal stabilization provisions in laws and contracts applicable to mining projects in multiple jurisdictions

• Advised a major international mining company on its analysis of laws and contracts applicable to a mining project in a francophone African nation

• Advised a U.S. developer on structuring an oil and gas joint venture in Central Africa

• Represented a U.S. drilling services provider in connection with an oil and gas joint venture in West Africa

General Corporate

• Advised domestic and international clients on corporate entity formation, management and governance matters relating to energy and natural resources transactions in multiple jurisdictions

 

• Managed cross-border, multi-disciplinary and multilingual legal teams

 

• Coordinated complex closings

 

Supervised local counsel on multiple transactions (work performed entirely in French)

 

• Drafted and negotiated asset purchase agreements, stock purchase agreements, consulting agreements and non-disclosure agreements

Bar Admissions

• New York

• District of Columbia

• U.S. Supreme Court

Radu Costinescu is not licensed and does not practice law in any other jurisdiction

Education

• Bates College, BA, Political Science (Summa cum laude, Phi Beta Kappa) 2002

• University of Chicago, JD (Law Review) 2005

• London School of Economics, General Course (Academic Exchange Year) 2000-2001

Work Experience

• Gibson, Dunn & Crutcher LLP (2005-2007)

• Akin, Gump, Strauss, Hauer & Feld LLP (2007-2009)

• Duncan & Allen (2009-2016)

• Norton Rose Fulbright US LLP (2016-2017)

Languages

English

French

Spanish

Romanian

Italian

Speaking Engagements

Panelist, The Mining Project: Getting it Right, American Bar Association Business Law Section, April 2013

Interests

Cycling, international travel, economic history, architecture, trivia, grilling steak