Overview
Today’s renewable energy market is rapidly evolving. Recent changes in access to funding for projects, advances in technology, updates to tax credits and shifts in global markets have led to an industry that has become increasingly complex.
More than ever, you need a trusted renewable energy advisor by your side to help navigate complex legal challenges and to unlock business opportunities to power your business.
That’s where we come in. McDermott advises industry-leading clients on some of the largest, highest-profile and most complex renewable energy project financing transactions around the globe.
Our lawyers are globally recognized leaders in the industry and have pioneered novel approaches to first-in-jurisdiction and first-of-their-kind complex projects across the full range of alternative power sources, including wind, solar, geothermal, hydroelectric, fuel cell biomass and biofuel. Because of their experience, they have also been called upon to structure and lead many of the renewable energy industry’s largest merger and acquisition transactions.
McDermott’s 40+ lawyer renewable energy team is routinely selected by global market leaders to create innovative structures, to mitigate risk and to create business opportunities in a complex and dynamic energy sector. We represent leading project sponsors and developers, private equity funds, tax equity investors, financial institutions, independent power producers, regulated utilities, corporate power purchasers and equipment manufacturers along the entire arc of project development, construction, operation, finance and acquisition.
We possess the depth and breadth of experience to add meaningful value at each stage of a project, including subject matter proficiency in corporate, tax, regulatory, environmental, intellectual property, resilience, risk mitigation, and operational matters for global market participants, across a wide range of industries and renewable energy technologies.
McDermott is a world leader in the development, construction, financing and acquisition of renewable energy projects because our lawyers are market leaders who are steeped in the industry and who can channel their extensive experience into innovative solutions. Our global project finance team includes the former president of the American Wind Energy Association, an industry-leading renewable energy tax advisor, a former GC within one of the largest electrical utility companies in the US, and former US diplomat and advisor to the White House, State Department and US Trade Representative.
McDermott is uniquely qualified to help you navigate all aspects of renewable project financing and development, including:
- Portfolio company merger and acquisition agreements
- Joint venture and development agreements
- Purchase and sale agreements
- Tax Equity Financings
- Development, bridge, construction and term debt project financings
- Power purchase agreements
- Equity investment agreements
- EPC contracts and other design-build contracts
- Energy hedging arrangements
- Operation and maintenance agreements and other long-term services contracts
- Federal and state tax structuring, and emerging tax issues
- Federal and state environmental matters, including land use and permitting
- Lobbying and policy formation
- Real estate advice and counsel
- Federal and state regulatory expertise
