Our lawyers are recognised as experienced, trusted legal advisors to clients working in the renewable energy sector. We provide commercially savvy advice on all types of clean tech matters. Our energy generation experience includes wind, hydro, waste-to-energy, biofuels, biomass, wave, tidal and solar photovoltaic. We combine a detailed legal knowledge of the sector with commercial experience of the industry. Clients receive seamless service across all practice areas regardless of the nature of the transaction.
When your chief concern is to develop or invest in renewable energy, your success often depends on strategic advice that you can deploy quickly and efficiently, in a rapidly changing, multi-national marketplace.
At DLA Piper, we can help you develop and commercialise the knowledge-based, cutting-edge products and services that are the essence of clean tech: new sources of renewable energy, new processes and materials for sustainable manufacturing and new technology and products for managing and reducing energy use.
Our services include:
- renewable energy projects
- carbon markets and emissions trading
- climate finance
- planning, development, environmental and regulatory
- acquisition and disposals of assets and companies across the globe
- establishment and operation of renewable energy trading businesses
- negotiating PPA, O&M agreements, turbine supply and EPC contracts
- structuring complex JVs for new projects and restructuring or acquiring existing projects
- financing and refinancing power projects (including wind farms, bio-mass and waste-to-energy schemes)
- energy trading and regulation
Our experience includes:
- Representing Nordex USA, Inc., one of the world’s largest wind turbine producers and alternative energy project developers, and Synergics, Inc. as project counsel in a complex combination of bridge project financing and a receivable sale secured by a US Treasury cash grant in connection with a US$110 million wind power project in Maryland.
- Representing Union Bank, N.A. in originating a US$55 million credit facility to SunPower Corporation, which designs, manufactures and delivers high-performance solar electric systems worldwide for residential, commercial and utility-scale power plant customers.
- Representing Pacific Light & Power (PL&P), as developer of the Konohiki Hydroelectric project located on Kauai in Hawaii, in opposing a competing application for development of the facility. Representation included filing an opposing statement with FERC noting PL&P’s existing control of the site, leases, water use contracts, requisite permits and support from the local community. As a result, FERC denied the competing applications.
- Representing UTS BioEnergy, LLC, with its portfolio financing of two waste-to-energy (reclaimed wastewater methane for use in fuel cells) projects in San Jose and San Bernardino, California. The projects, worth US$40 million, were financed using California Pollution Control Bonds, Section 1603 “Grants in Lieu” funds and California’s Self-Generation Incentive Payments (SGIP). Debt repayment will be made from the grant proceeds and SGIP payments as well as the proceeds of the power purchase agreements with the relevant wastewater utilities. This is only the second such transaction of this type of waste-to-energy project financing.
- Representing BP Biofuels North America LLC, an affiliate of BP America, Inc., in connection with the negotiation and execution of a purchase agreement with Verenium Corporation (NASDAQ: VRNM), pursuant to which BP Biofuels North America has agreed to acquire Verenium’s cellulosic biofuels business, including Verenium’s facilities located in Jennings, Louisiana and San Diego, California for a purchase price of US$98.3 million.