Webinar | March.16.2021 - March.17.2021 | 8:35am - 3:20pm (Pacific Daylight Time)Virtual Master Class
Join Orrick partners, Les Sherman, Harry Clark, Louise Gibbons, Giji John, Cory Lankford, Michael Masri, Wolf Pohl, Rohit Sachdev, Eric Stephens and Paul Zarnowiecki, for an Infocast Master Class on the fastest-growing alternative energy asset class, storage. In this two-day virtual Master Class titled, “Energy Storage Market Opportunities, Contracting & Finance,” Orrick partners and other respected industry leaders will cover the complexities of storage contracting needed to secure financeability, avoid pitfalls and maximize revenues for storage projects. The class will enable attendees to grasp the evolving contract structures and due diligence needed to capture revenue streams and guarantee project performance.
Clients and friends of Orrick will receive a 15% registration discount by using the following code: ORRICK15
For more information and to register, please click below.
CLE Credits Available: Y
Les leads Orrick’s US Renewable Energy Practice and has represented developers, investors and others on renewable and traditional energy project transactions for 35 years.
Chambers publications identify Les as a Leading Lawyer and report that clients say Les is an “icon in California in the renewables space” and “established a reputation as the go-to guy in California”. Clients praise Les for being “creative and responsive,” “the ultimate diplomat” and “deal oriented”. Les also is recognized by Euromoney, The Legal 500 and The Expert Guides as a Leading Lawyer in energy project development, M&A and finance.
Les represents many of the industry’s leading companies on project development, financing and M&A transactions for solar, wind, biomass, gas and similar generation projects, battery technology and other energy storage projects, biofuels and production facilities and energy efficiency projects. Les has led the Orrick team’s thought leadership in the growing energy storage market, has published numerous articles on the topic, and has served as lead counsel on many of the largest storage and renewables+storage transactions completed to date.
Harry Clark is Chair of Orrick’s International Trade & Compliance Group. He advises major companies and industry associations on a variety of international trade and investment rules.
Harry is experienced in areas such as CFIUS/Exon-Florio examinations of foreign investment, military and “dual use” export control regulations (ITAR/EAR), economic sanctions administered by the U.S. Treasury Department (OFAC), customs regulations, the Foreign Corrupt Practices Act, anti-money laundering rules, anti-boycott requirements and defense industrial security requirements. He executes internal corporate investigations regarding trade and investment rules and advises on such rules in the context of corporate transactions.
Additionally, Harry has extensive experience with government contracting matters. His government contracting work has included, for example, design and implementation of U.S. Defense Department renewable energy projects. He also represents broad industry coalitions on major trade litigations and international negotiations. His experience in these areas includes a leading role in what is often considered the largest-ever international trade dispute: the controversy regarding unfair softwood lumber imports from Canada. It has involved myriad administrative proceedings before federal agencies, NAFTA panel appeals, WTO dispute proceedings, judicial proceedings and international settlement agreements.
Harry has represented a coalition of major U.S. oil companies in antidumping and countervailing duty litigation. As a related matter, he pursues policy issues with congressional and executive branch officials and advises on international trade rules (e.g., GATT, WTO agreements and NAFTA).
Chambers Global recognizes Harry as a leader in the field of international trade law and has recognized him with special distinctions regarding the Foreign Corrupt Practices Act and export controls. He is also recognized by Chambers USA in the CFIUS Experts category. Clients note that Harry provides "on-point and assertive responses" and is "constantly thinking in business terms."
Louise's practice focuses on the financing, acquisition and sale of energy projects and companies, with a focus in the renewable energy sector.
Louise was recognized as a Rising Star by Super Lawyers from 2016-2019 and by Euromoney's inaugural Rising Stars Expert Guide for Energy and Natural Resources Law. She was also shortlisted for Best in Energy, Natural Resources and Mining from 2018-2020 by Euromoney's Americas Rising Star Awards.
Louise advises clients on energy sector project financings, tax equity financings, acquisitions and sales and joint venture arrangements in the U.S. and internationally. She regularly represents project developers and sponsors, borrowers and debt issuers, investment banks, private equity funds and other capital providers and investors in the energy industry. She has significant experience in the electric power sector, including wind, solar, storage, natural gas, and other forms of renewable energy.
Giji’s practice focuses on the development and finance of domestic and international energy projects.
He has extensive experience representing project sponsors through development (including through the negotiation and drafting of power purchase agreements and other long-term offtake agreements, physical and financial swaps, engineering, procurement and construction contracts, operation and maintenance agreements, management services agreements and site services agreements), acquisitions and dispositions, joint ventures and financings. His representation has included transactions involving LNG facilities, methanol facilities, petrochemical refineries, carbon capture and sequestration facilities, natural gas processing and storage facilities, natural gas and CO2 pipelines, wind energy, solar energy, natural gas-fired peaking and combined-cycle power plants, thermal and battery energy storage, transportation, aviation and ports.
His prior experiences include a two year secondment to International Finance Corporation’s Office of General Counsel where he worked on multi-currency corporate financings, project financings and equity investments in infrastructure projects in Bolivia, Brazil, Chile, China, Colombia, Costa Rica, Ecuador, El Salvador, India, Mexico, Pakistan, Panama, the Philippines, Romania, Russia, Sri Lanka, Tajikistan and Turkey.
Giji is currently ranked as a Projects Leading Lawyer in Chambers Global and Chambers USA, and has been recognized for excellence by numerous leading industry and legal publications, including being named one of 34 "Groundbreaking lawyers" by Public Utilities Fortnightly.
Cory focuses on matters before the Federal Energy Regulatory Commission (FERC).
Before joining Orrick, Cory served as an attorney in the Office of the General Counsel at FERC, where he provided expert counsel on a variety of issues arising under the Federal Power Act, the Energy Policy Act of 2005, the Public Utility Holding Company Act of 2005, and the Energy Independence and Security Act of 2007. During his tenure in the Office of the General Counsel, Cory led numerous multidisciplinary teams in rulemaking proceedings establishing revisions to the pro forma Open Access Transmission Tariff and evaluating national and regional mandatory reliability standards proposed by the North American Electric Reliability Corporation.
Cory also was instrumental in the development and drafting of many Commission orders addressing Regional Transmission Organizations, compliance with open access requirements, transmission, interconnection and qualifying facility certification.
Among his accomplishments, Cory coordinated with staff at the U.S. Department of Energy to draft the National Action Plan on Demand Response and the corresponding Implementation Proposal to Congress. He also managed the development of a landmark order addressing the Commission’s jurisdiction over a non-jurisdictional transmission provider.
Mike is a transactional lawyer whose principal areas of practice are tax, energy and infrastructure.
He regularly advises his clients on energy tax credits, government incentive programs, project developments and financings, mergers and acquisitions (M&A), and all forms of leasing transactions. Mike represents investors and developers in tax equity financings across the renewable energy sector. He also assists clients in a broad range of federal income tax matters, including domestic and cross-border M&A, restructurings, financings, private equity and securities offerings.
Wolfram Pohl, a partner in the San Francisco office, is a member of the Tax Group. His practice focuses on the tax aspects of corporate transactions, municipal finance and project finance.
He has expertise on the tax implications of transactions involving energy projects and public infrastructure projects. He has represented developers and tax investors in financings for both wind and solar projects. Wolfram has experience in structuring and negotiating transactions to take advantage of tax credits, Treasury cash grants, depreciation benefits, and other available tax benefits. His practice also focuses on tax-exempt bond financings for multifamily housing projects. He has experience in a variety of tax issues, including equity and debt financings, mergers and acquisitions, public offerings, and real estate transactions.
Rohit represents several of the world’s leading developers of renewable and conventional energy generation projects on project development, M&A and financing arrangements.
He has extensive experience in the solar, wind, energy storage, gas and biofuel sectors, with a particular focus on California and other U.S. jurisdictions. Rohit's past deal experience spans energy and infrastructure projects in the Americas, Asia, India, Europe and the Middle East, and includes award-winning transactions.
In recent years, Rohit's practice has focused particularly on project development and project M&A transactions. He has successfully negotiated thousands of MWs of "physical" and "virtual" PPAs and tolling agreements, as well as a variety of construction, supply and other development arrangements. Rohit has also represented clients on the purchase and sale of renewables projects in various U.S. jurisdictions, as well as joint venture and other project asset arrangements. He has particularly focused on the development, financing and sale of domestic and international energy storage projects, including stand-alone, hybrid, front-of-meter and behind-the-meter projects.
Rohit started his legal career at an international law firm in New York where he focused on project development and project finance transactions across the globe. Prior to law and business schools, Rohit was an investment banking analyst at Credit Suisse in San Francisco where he provided M&A and financial advisory services to technology companies in Silicon Valley.
Eric is a leading energy lawyer with a particular focus on development and financing of solar and other renewable energy projects.
Eric helps clients design and build successful renewable energy businesses by advising on how projects and portfolios large and small can maximize their value through well-informed negotiation, efficient diligence and acquisition techniques, and responsive and creative problem solving.
Eric has particularly deep expertise in helping developers strategically procure the equipment and services necessary to develop, construct, commission, operate and sell renewable energy projects of all sizes, and in helping investors evaluate the development work of potential investments. Development and procurement managers excel at sourcing and pricing a project’s needs, and Eric can build on this by bringing these contracts to completion with deep market knowledge, in a way best suited to the client’s commercial objectives and so that they withstand the scrutiny of project investors, lenders and buyers. Eric balances work for utility-scale projects with the growing distributed energy generation and storage sector, both of which recently include negotiation of contracts to “safe harbor” equipment or construction activities to preserve higher levels of ITC or PTC. He has represented energy project developers, equipment suppliers and installers, publicly-owned utilities, private equity investors and other parties in developing energy projects from very early stages of securing technology and land/resource rights to buying and selling operating assets, and everything in between.
Paul represents sponsors, investors, utilities and other strategic participants in corporate and project finance transactions, primarily in the energy and infrastructure sectors. He also serves as the Office Leader for Orrick's Washington, DC office.
Transactions on which Paul has advised include the development, financing, acquisition and divestiture of renewable and conventional power projects and other infrastructure assets in a broad range of commercial and corporate transactions. He has served as lead counsel on some of the most innovative and complex U.S. renewable energy transactions in recent years in both the wind and solar energy sectors.