Named: first executive director of Build America Bureau
Martin Klepper is to join the US DoT Build America Bureau as the initial executive director, according to an announcement from the departing US transportation secretary Anthony Foxx.
The bureau is a newly created entity within the US DoT that streamlines access to federal credit and grant opportunities while providing technical assistance to project planning, financing, delivery, and monitoring.
Klepper is a senior partner in the energy and infrastructure projects group at Skadden, Arps, Slate, Meagher & Flom, where he is known for developing, financing, acquiring and selling transportation, energy, and other large infrastructure projects in the USA and abroad.
During his career to date, he has closed more than 100 major transactions totalling more than USD 20 billion. (ah)