King & Spalding LLP‘s ’pulse on the market’ allows it to advise on a multitude of complex, multi-faceted energy projects, acting for leading energy players, lenders and financial sponsors. Brownfield investments and acquisitions form a key component of the group’s work, yet wider mandates include refinancing instructions, bankruptcy issues, and acquisition financing. The team has taken steps to concentrate its strong position in the market with a growing body of tax equity financing activity, including overseeing novel tax equity bridge debt transactions. Sitting at the helm of the group is Brandon Dalling who possesses a multifarious practice and whose recent highlights include big-ticket acquisition financings, revolving credit and term loan facilities, and debt and tax equity financings. Brandon regularly works alongside Tristan Pelham Webb who continues to be a highly active presence in the group and demonstrates proficiency advising on both conventional and renewable asset types and across a broad range of financing structures. Other key lawyers include Ayesha Chatterjee, who is often instructed by private credit funds and private equity sponsors, as well as Daniel Tsarevsky, who is particularly skilled in acquisition financing. All practitioners operate out of New York.
Testimonials
Collated independently by Legal 500 research team.
'I think what makes K&S' practice unique is their attention to detail and ability to think ahead when providing solutions to their clients. The firm also has a very good pulse on the market, which is important when trying to understand what in the realm is possible and helps frame what we should be asking for.'
Key clients
- Axium Infrastructure
- EverWind Fuels
- Ad hoc secured group in connection with the Talen Restructuring
- DESRI
- Nikola
- Carolina Power Partners
- NextDecade
- Ohio Power Partners
- Macquarie
- PureSky Energy, Inc.
Work highlights
- Represented Axium Infrastructurein its acquisition, financing and interest rate hedging in connection with its entry into two joint venture partnerships to acquire portions of interests in the largest combined battery storage and solar PV power plant in North America, with a $1.2 billionenterprise value.
- Representing EverWind Fuels in connection with its development of America’s first green hydrogen ammonia production facility on the Burin Peninsula of Newfoundland and Labrador, which is expected to produce approximately 240,000 tonnes per annum of green ammonia starting in 2025, and 1.5m tonnes per annum by 2026.
- Representing an ad hoc group of senior secured noteholders and term loan lenders holding in excess of $1 billion of pre- and post-petition debt of Talen Energy Supply, LLC,a leading energy producerwith various renewable, nuclear, gas and coal-fired facilities across the country, which sought chapter 11 protection in May 2022.
Lawyers
Practice head
The lawyer(s) leading their teams.
Brandon Dalling