Norman Steisel
  Norman Steisel Investment Banker

After serving a seven-year term as NYC’s Sanitation Commissioner, Norman Steisel left government service to accept a position with the global investment-banking firm, Lazard Freres &Co.

At Lazard Frères Norman Steisel was Responsible for environmental corporate and municipal project financing activities. He was with Lazard Frères from 1986 through 1989

Using his vast experienced in municipal government, Norman Steisel provided value-added consulting services on -guiding transactions through public review and regulatory processes. Specifically, Norman Steisel:

• Served as member of financial advisory team to several firms in the environmental arena providing advice on general business opportunities (e.g., start-up venture, mergers and acquisitions); client engagements have included representing a leading waste-to-energy vendor in arranging joint venture with leading waste management firm to create pre-eminent integrated company-, represented major Swiss equipment manufacturer and construction firm in arranging cooperative project development and marketing agreement with leading waste disposal firm to establish the firm's refuse-derived fuel, recycling, and composting systems in the U.S. resource recovery marketplace; represented a privately-owned wastewater utility in the southeastern U.S. defending hostile takeover attempts of their facilities by governmental agencies; represented an unregulated subsidiary of an investor owned electric utility planning to enter the municipal and hospital waste processing businesses; represented major water/wastewater utility in acquiring privately and publicly held treatment entities and facilities.

• Represented several municipal clients with the financing/underwriting of waste-to-energy projects valued at $600 million. Evaluated technologies, selected full-service vendors, negotiated performance and financial agreements for facility construction and operation, and negotiated power purchase agreements with utilities.

• Served as financial advisor/underwriter to several of the waste management industry's leading firms developing business opportunities in several settings around the country, and financed projects valued at $750 million.

For more information contact Norman Steisel at