Practice Capabilities
Today’s renewable energy sector continues to generate interest, investment and innovation in the US and abroad. Loeb & Loeb’s Energy Group has the experience it takes to move clients forward so that they can take advantage of green power opportunities. We are a proven leader in delivering the transactional, litigation and regulatory legal services needed by clients involved in green energy projects all over the world.
Our experience encompasses a wide range of established and emerging renewables, including wind, hydroelectric, solar, geothermal, waste-to-energy, fuel cell and landfill gas sources. We work with debt and equity investors, lenders, utilities, contractors, developers, transmission owners, energy suppliers and others in a variety of dynamic project ventures.
Our renewable energy capabilities include:
- Corporate, securities and finance
- Tax equity investments
- Litigation
- Mergers and acquisitions
- Divestitures
- Interconnection agreements and contracts
- Procurement
- Energy purchase agreements
- Tax credits
- Renewable energy credits
- DOE loan guarantees and grants
- US Treasury cash grants
- Federal and state regulatory issues
- Federal and state rate cases
- Transmission
- Hydro relicensing
- Regulatory and compliance
- Environmental and land use
- Real estate and construction
- Bankruptcy, workouts and restructuring
Just as the green energy sector is at the cutting edge, so too are the solutions and services our Energy Group delivers. At Loeb & Loeb, we are renewable energy veterans with the insight needed to help our clients advance in this rapidly evolving industry.
Service Approach
In addition to the deep industry experience offered by our Energy Group attorneys, we can quickly and efficiently draw upon the full range of resources available throughout the firm. We regularly collaborate with our colleagues from other Loeb & Loeb practices, such as Tax, Real Estate, Finance, Intellectual Property and Environmental. As a result, our clients – and their ventures – are assured of consistent, cost-effective and comprehensive legal services and attention.
Our representative renewable energy transactions and capabilities include:
Wind
- Represented Morgan Stanley & Co. in wind power tax equity investments of over $1 billion in numerous wind farms across the country.
- Represented a developer on issues related to wind power projects in Maine (<100 MW) and Utah (1000 MW), including corporate structuring, FERC approvals, negotiation of interconnection agreements and transmission issues.
- Represented the developer of a Massachusetts wind power project on transmission issues at the Massachusetts Department of Public Utilities and FERC.
- Represented the developer of a wind farm in upstate New York in negotiations with the transmission owner and ISO to obtain interconnection at a preferred location.
- Negotiated and drafted power purchase agreements for wind power projects in numerous states.
Hydroelectric
- Represented a major hydro developer in litigation at FERC regarding headwater benefits.
- Advised a major hydro developer regarding acquisitions, license conditions and compliance.
- Represented Southern California Edison in relicensing litigation at FERC regarding water rights.
Geothermal
- Represented Morgan Stanley & Co. and Lehman Brothers, Inc. in a $71.8 million tax-equity investment in a geothermal power project sponsored by Ormat.
General
- Negotiated and prepared purchase and sale, loan, power purchase, real estate, construction and procurement contracts.
- Negotiated numerous interconnection agreements representing both developers and transmission owners.
- Participated actively in the FERC rulemaking proceedings that led to the adoption of standardized interconnection procedures and agreements.
- Advised in the structuring, tax, finance and securities aspects of investment vehicles for renewable energy, including advice on federal investment tax credits and production tax credits.