McGuireWoods LLP delivers astute project finance expertise amongst the wider M&A, development, and tax work that an array of infrastructure funds, energy operators, and utilities seek assistance with. Renewables continue to be the main focus of the group, with both onshore and offshore wind, solar, and associated battery storage facilities regularly at the fore. The practice is led by tax specialist Durham McCormick; Brian Kelly, whose practice balances M&A, project development, and project finance instructions; and Brennen Keene, who has been predominantly active on wind and solar projects over the past twelve months. Timothy Callahan has overseen a variety of financing structures in recent work highlights, including portfolio financings, collateralized construction-term financings, back-leveraged financings, and refinancings, for the most part in the renewables space. Doug Lamb has a far-reaching practice that sees him handle infrastructure and PPP mandates, commercial agreement negotiations and reviews, and project financing, including tax credit work. Keene and Lamb operate out of Richmond, whereas McCormick and Kelly sit in the Houston and Baltimore offices, respectively. Callahan is based in Chicago.
Key clients
- KeyBank National Association
- Caprock Renewables
- Dominion Energy, Inc.
Work highlights
- Advised KeyBank National Association in relation to equipment, construction and permanent financings provided by KeyBank to developers of wind farms and solar plants.
- Represented Dominion Energy on contracts with an aggregate value, to date, of approximately $7 billion to construct a 2.6-gigawatt Coastal Virginia Offshore Wind (CVOW-C) commercial project.
- Representing Caprock Renewables, a boutique utility scale renewable energy company based in Austin, Texas.
Practice head
The lawyer(s) leading their teams.
Brian Kelly, Brennen Keene, Durham McCormick