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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

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

We help line up financing for projects that bring more renewable energy and clean water to market. We are a leading firm in tax equity finance for the solar, wind, smart grid, energy storage, electric vehicle and other clean tech sectors, with additional current projects involving backup battery systems for renewables and wood pellet-based alternative energy, hydrogen fuel trucking (and other alternative fuel sources for transportation), and public-private partnerships related to electric vehicles. 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

案例分析:花旗北美公司与伯克希尔哈撒韦能源公司

美迈斯代表花旗北美公司和伯克希尔哈撒韦能源公司(Berkshire Hathaway Energy)收购由中国新疆金风科技公司在芝加哥的子公司金凤美国公司(Goldwind Americas)开发,位于得克萨斯McCulloch县,装机容量约160兆瓦的响尾蛇风电项目中的优先股权。该项目有望符合《美国国内税收法》第45章的规定从而获得生产税收抵免,将装备64台金风风力透平发电机,成为金风科技迄今为止最大的美国风电项目,以及该公司首个税惠权益融资项目——在中国风能科技公司中也属首例。 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