Vinson & Elkins LLP predominantly focuses on project finance and development mandates in the energy and power sector, showcasing impressive asset engagement that includes, but is not limited to, minerals, oil and LNG, solar, wind and battery storage, as well as hydrogen and carbon black production facilities. The team has a balanced workload acting for lenders, sponsors and borrowers, and are regularly sought out by some of the globe’s most prominent multinational investment banks and financial services groups. The ‘professional and commercial’ Eamon Nolan leads the team out of New York and is noted for his ’strong experience in debt financings of renewables transactions’. Michael Joyce co-leads the group out of Los Angeles and has a similarly renewables-focused practice, and has been the chief figure on some of the largest solar portfolio financings in the firm’s book of work. Asset finance specialists Sean Moran and Aaron Prince are key team members based in Austin and New York respectively and are frequently called upon by a host of investors and sponsors. Lauren Collins continues to establish her reputation in the market for advising on tax-related project finance matters, often acting on cutting-edge, first-of-its-kind deals, and sits in the Los Angeles office alongside fellow tax equity financing professional Josh Heideman.
Testimonials
Collated independently by Legal 500 research team.
‘The global presence of the firm is a plus, allowing the firm to draw on diverse resources across the value chain. In my dealings, the firm demonstrated connectivity across offices and allocated appropriate resources regardless of base locations. Highly recommend. The staff provides counsel, guidance and serves as a peer in various topics/segments. Excellent.’
‘Knowledgeable and well connected to industry. Excellent source of information and intelligence. Extremely helpful in scenario exercises and commercial negotiations.. ’
‘Chris Terhune is very attentive to topics of significance, providing practical remedies and drafting while avoiding the common traps of academic rigor or taste and preferences that delay closing deals. ’
‘This team has a lot of experience in renewables transactions and takes a commercial approach to get clients great results in an efficient manner.’
‘Michael Joyce has tons of experience in tax equity financings and pairs that with a commercial approach that helps get things done efficiently.
- 'Eamon Nolan is professional and commercial, with strong experience in debt financings of renewables transactions.'
‘Vinson & Elkins's industry knowledge is second to none. Expertise in energy, especially in regulatory, commercial, and finance, is exceptional and should be everyone in the oil and gas exploration and production industry first and only source for legal service.’
Key clients
- Macquarie Capital (USA) Inc.
- IFM Investors Pty Ltd. / Swift Current Energy
- The Goldman Sachs Group, Inc.
- Monolith Materials, Inc.
- Tortuga Fuels and Bunkering, LLC
- ioneer Ltd
- Acadia Renewable Energy LLC
- Aligned Data Centers
- Wells Fargo Central Pacific Holdings, Inc.
- Vitol Inc.
Work highlights
- Advised Swift Current Energy in the $779 million project financing for its 800 MWdc Double Black Diamond Solar project.
- Advised ioneer Ltd. in the formation of a 50/50 joint venture with Sibanye Stillwater to develop the flagship Rhyolite Ridge Lithium-Boron Project located in Nevada and related development and financing matters, including the negotiation and finalization with DOE of a $700 million conditional commitment for the project financing of the processing facilities.
- Advised Goldman Sachs, as financial sponsor, in the acquisition, construction and term financing of a 60MW stand-alone storage asset in Goleta, California.
Lawyers
Practice head
The lawyer(s) leading their teams.
Eamon Nolan, Michael Joyce