Milbank

Our Renewable Energy team provides our clients with unmatched wind, solar, biomass, biofuels, geothermal and hydroelectric energy experience. Clients seek our counsel on innumerable transactions ranging from the financing of the world’s largest land-based wind farm and the first offshore wind farms in the world to the development of both photovoltaic (PV) and concentrated solar plant (CSP) projects.

Our renewable energy expertise draws on multiple practice groups across the globe, with dedicated renewable energy teams based in each of our US offices, as well as in Beijing, Hong Kong, London, São Paulo, Singapore and Tokyo. Together we bring extensive knowledge in all aspects of development, financing, acquisition and disposition of renewable energy projects plus corporate finance, M&A, restructurings and workouts. Our specialists within the US have an in-depth understanding of Production Tax Credits (PTC), Investment Tax Credits (ITC) and other tax incentives available for renewable energy projects and related qualifications and requirements across the country in order to effectively structure tax equity transactions. We routinely represent project developers, sponsors, lenders, investors, and other parties across the whole renewable energy value chain, including the acquisition, divestiture and financing of portfolios of renewable assets.

FTI Consulting

Over the last 40 years, FTI Consulting has grown to become a market-leading global consulting firm that brings together distinct capabilities and experts to serve as the trusted advisor to clients when they are facing their greatest opportunities and challenges. Each practice is a leader in its own right, staffed with experts recognized for the depth of their knowledge and a track record of making an impact. Collectively, FTI Consulting offers a comprehensive suite of services designed to assist clients across the business cycle—from proactive risk management to the ability to respond rapidly to unexpected crises and dynamic environments.

Wilson Sonsini

For more than six decades, the firm has represented the technology pioneers associated with virtually every milestone innovation. Today, Wilson Sonsini is synonymous with ushering promising, innovative companies through their business life cycle. As their clients have grown, so has their firm. The firm now represent many of the largest companies in the world—and thousands of the smallest ones, too.

STEM

As the first public pure play smart energy storage company, Stem delivers and operates battery storage solutions that maximize renewable energy generation and help build a cleaner, more resilient grid. STEM inc. customers include Fortune 500 companies, project developers, utilities and independent power producers. Stem’s market-leading Athena software helps lower energy costs and solve renewable intermittency across the world’s largest network of distributed energy storage systems.

Troutman Pepper

Ranked nationally as a top-tier practice, we proactively identify and manage the challenges posed by both federal and state regulations for utilities and other major stakeholders. With the knowledge of industry insiders, we help clients develop and bring new opportunities to market.

Clients such as national and regional utilities, generators, ISOs, RTOs, and pipeline and holding companies rely on our team to resolve critical regulatory matters as they arise. We work closely with clients to develop innovative solutions to their most pressing business challenges, and have handled matters whose outcomes have, or will, alter how energy is valued, distributed, stored, and sold. For example, we assisted a utility with creating a methodology to value distributed generation, and helped another client change federal regulatory policy to allow for the first grid-scale battery storage unit to participate fully in a regional energy market. Clients engage us for guidance and strategic direction throughout their business cycle to develop, plan, and execute upon new and emerging opportunities for growth.

Several of our attorneys have in-house government experience, which enables us to better anticipate the potential outcomes and barriers to our clients’ goals. Our work before the Federal Energy Regulatory Commission (FERC) and state utility commissions includes the full spectrum of permitting, licensing, rulemaking, enforcement, litigation, and oversight.

We assist in the resolution of competition-related issues such as mergers and acquisitions, market-based rate authority for generators, organized RTO and ISO markets, OATT and transmission compliance, capacity and ancillary services, and issues related to the nation’s bilateral energy markets. At the state level, we are deeply experienced in handling fuel cost recovery proceedings, certification cases for new generation including new nuclear generation, generator interconnections, rate cases, RFPs for purchase power and renewable resources, integrated resource planning, and qualifying facility contracting processes.

Our team is recognized as a “National Top-Tier” Energy Practice and was named “Practice Group of the Year” for 2021 by Law360. In addition, we received the 2023 “Law Firm of the Year” distinction for Energy Law in U.S. News - Best Lawyers “Best Law Firms” edition, and ranked nationally by Chambers USA and The Legal 500 guides for our work, including transactional, regulatory litigation matters involving both conventional and renewable resources. Public Utilities Fortnightly recognized our attorneys as “Groundbreaking Lawyers.”

REV Renewables

Formed by LS Power to accelerate investment in the energy transition, REV Renewables is on the front lines of transforming our electric system. We are passionate about deploying renewable energy and storage solutions to where they are needed most. Our multi-disciplinary team and unique approach to project development and commercialization enable us to deliver solutions that others cannot. 

As owner/operators, we manage projects through the entire lifecycle. Our stewardship begins at site identification and continues through development, construction, ongoing operations, and ultimately decommissioning. With a differentiated platform and long-term view, we can serve our communities and customers for generations to come.

Together, we are building a better tomorrow, today.

Foss & Company

Since 1983, Foss & Company has been a reliable resource, working with institutional clients around the country to find the best investment solutions to meet their strategic tax planning needs. These tax credit solutions result in low-risk, sustainable options with predictable, risk adjusted returns. With over $8 billion in equity raised, Foss & Company is a full-service advisor with proven expertise navigating the world of tax credit investment, resulting in accessible and efficient tax advantage investments.

CohnReznick

Recognizing the emerging market forces that drive opportunity. That’s what sets CohnReznick’s industry-leading advisors apart. Our integrated team of advisory, assurance, and tax professionals is committed to helping our clients optimize performance, manage risk, and maximize stakeholder value.

CohnReznick is firmly rooted in our purpose: creating opportunities for our people, making a difference for our clients, and strengthening our communities. Despite rapid growth, we retain an entrepreneurial spirit and culture driven by a commitment to superior client service and giving back. 

Great Bay Renewables

Great Bay Renewables (“GBR”) was formed to satisfy a need for flexible capital in renewable energy. GBR utilizes a royalty financing structure, common in other industries but innovative in the renewable energy sector. With this novel approach to financing renewable energy projects, GBR is able to quickly scale its investments while providing much needed capital to those building and operating wind, solar, and other renewable energy projects. Traditional means of financing these projects, including debt, taxequity and common equity, are not keeping up with the requirements of a rapidly expanding industry. Our mission is to align ourselves with leaders in the deployment of renewable energy projects through this unique financing structure. GBR’s investment support can be applied at any stage of a renewable energy project, including project development, construction, operations, capital improvements, project re-powering, and acquisitions. Through GBR’s investments, the company has created royalties from the project portfolios of leading U.S. renewable energy development companies and from existing projects that have already achieved commercial operation. Great Bay is backed by Altius Renewable RoyaltiesCorp. (TSX: ARR/ATRWF) and funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO)