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O’Melveny’s Caterini Quoted in Energy Risk on Renewable FacilitiesJuly 09, 2012
O’Melveny & Myers LLP partner Mark Caterini spoke to Energy Risk for the July 9, 2012, article, “Can innovative funding rescue US renewables?” The article suggests that creative financial tools could aid US renewable energy developers facing a challenging environment for fundraising.
On the topic of master limited partnerships, which issue shares that are publicly traded on exchanges, Caterini told Energy Risk that “[b]y creating a publicly traded interest, something that is liquid and allows you to step in and out of a renewable investment, you are probably going to expand the number of institutional investors who are willing to assume the risks embedded in the current project finance structure for renewable facilities.”
Caterini is a member of O’Melveny’s Tax Practice and resides in the Firm’s New York office. He has worked extensively on renewable and alternative energy projects, project finance and securitizations.