What’s the Best Way to Structure a Joint Venture?
The advantages JVs offer can come with challenges that make joint venture agreements more difficult to negotiate.
In a recent New Energy Expert Insights interview with Hamilton Locke, Tracy Pyle, Senior Managing Director and Practice Group Leader of Ankura’s Joint Venture & Partnership Practice, shares practical guidance on how organizations can structure joint ventures that deliver value beyond the deal documents.
In a recent New Energy Expert Insights interview with Hamilton Locke, Tracy Pyle, Senior Managing Director and Practice Group Leader of Ankura’s Joint Venture & Partnership Practice, shares practical guidance on how organizations can structure joint ventures that deliver value beyond the deal documents.
Drawing on Ankura’s deep experience advising complex energy and infrastructure partnerships, Tracy explores the structural fundamentals that most influence long‑term JV success — including scope definition, ownership and governance alignment, and the choice of legal form.
The discussion challenges common assumptions around 50/50 ventures and highlights why governance frameworks, not equity splits alone, determine how decisions are made in reality. This interview reinforces Ankura’s core philosophy: successful joint ventures are designed to reflect how partners will actually operate, manage risk, and create value over time — not just how the deal looks on paper.
Please read the full interview here.