O’Melveny helps equity investors, financiers, sponsors and hedge providers navigate the fast-growing clean and renewable energy sector while minimizing risk. From major industry financiers, developers, and producers to innovative start-ups and investors, our full service solution offers robust project finance, tax, environmental, real estate, public policy, and regulatory capabilities.

Our team includes highly regarded lawyers in the US, Asia and Europe with deep experience in the solar, wind, ethanol, biodiesel, biomass, geothermal, hydroelectric, and clean and sustainable technology sectors. And our experience includes structuring some of the industry’s most innovative deals.

  • Broad Experience
    • Full range of financing documentation
    • Project acquisition, development, and construction
    • Fuel supply and off-take agreements
    • Joint ventures and other ownership structuring agreements, including undivided interest structures and royalty arrangements
    • Corporate counseling
    • Restructuring matters
  • Pioneering Work
    • The first-ever leveraged lease financing of a wind power project
    • The first-ever leveraged renewable energy project to utilize Treasury grants in lieu of ITCs
    • The largest-ever geothermal project financing
    • The largest-ever equity investment in a wind power project
    • The largest solar project completed in the US in the last 15 years
    • One of the largest-ever energy projects to utilize a PAYGO structure
    • The first-ever wind power transaction financed by institutional equity investors

Bloom Energy Corporation

O’Melveny represented Bloom Energy in its equity financing by Exelon Corporation of a portfolio of base load fuel cell electricity generators with 21 megawatts of capacity to be located at 75 commercial facilities in the states of California, Connecticut, New Jersey, and New York. Read

Case Study: Citicorp North America and Berkshire Hathaway Energy

O’Melveny represented Citicorp North America and Berkshire Hathaway Energy in connection with achieving the acquisition of preferred equity interests in the approximately 160 MW Rattlesnake wind power project being developed by Goldwind Americas, the Chicago-based subsidiary of China-based Xinjiang Goldwind Science & Technology Co., in McCulloch County, Texas. Read

Citicorp North America and Berkshire Hathaway Energy

O’Melveny represented Citicorp North America and Berkshire Hathaway Energy in connection with their commitment to acquire preferred equity interests in the approximately 300.3 MW US$390 million South Plains Wind Energy II power project being developed by SunEdison, Inc. in Floyd County, Texas. Read

Hanwha SolarOne

O’Melveny represented the special committee of the board of directors of Hanwha SolarOne in its US$1.2 billion combination with Q Cells. Read

Investors

O’Melveny represented two major financial institutions and one of the world’s largest technology companies in connection with their investment of long-term capital in the approximately 182 MW Panhandle 2 wind power project developed by Pattern Energy Group in Texas. Read

Macquarie Infrastructure Company

O’Melveny advises Macquarie on multiple matters, including its acquisition and financing of renewable energy projects, toll roads, and airport assets. Read

Renewable Energy Projects

O’Melveny has represented developers and institutional investors in more than 150 wind, solar, fuel cell, geothermal, biomass and other clean and renewable energy projects.  Read

Silevo

O’Melveny represented Silevo, a solar photovoltaic cell technology innovator that manufactures high-efficiency, high-performance solar modules, in its acquisition by Elon Musk’s SolarCity Corporation. Read

Two Major Financial Institutions

O’Melveny represented two major financial institutions in connection with their commitment to acquire preferred equity interests in the US$273 million Fowler Ridge 4 wind power project. Read
    • Banco Santander
    • Berkshire-Hathaway Energy
    • Bloom Energy Corporation
    • Building Energy
    • Citigroup
    • Edison International
    • J.P. Morgan
    • Macquarie Infrastructure Company
    • Morgan Stanley
    • MUFG (Union Bank of California)
    • Sithe Global Power, LLC