On July 21, 2020, New York Governor Andrew Cuomo announced the largest combined clean energy solicitation ever issued in the United States, seeking up to 4 GW of renewable capacity. This capacity is broken up into 2500 MW of offshore wind and 1500 MW of onshore large-scale renewable energy projects.
New York Announces One of the World’s Largest Procurements for Offshore Wind and Onshore Renewable Energy Projects.
By Christopher Gladbach, Jacob Hollinger, Joel A. Hugenberger, Shashank Krishna and Seth B. Doughty on July 24, 2020
Christopher GladbachChristopher Gladbach counsels clients in energy M&A, project development, tax equity and project finance transactions. Chris works with energy clients in structuring complex equity and debt investments, advises both buyers and sellers in the power sector in mergers and acquisitions, and joint ventures, and on the development of large-scale energy projects. He assists his clients in mitigating and allocating risk associated with these transactions in conjunction with achieving their primary business and financial objectives. Read more.
Jacob HollingerJacob Hollinger handles environmental and energy-related compliance and litigation matters for energy, manufacturing and financial sector clients. He is a former high-ranking Clean Air Act attorney for the US Environmental Protection Agency (EPA), has handled dozens of government investigations and enforcement actions and has extensive experience in all aspects of civil litigation. Read Jacob Hollinger's full bio.
Joel A. HugenbergerJoel A. Hugenberger advises clients on tax equity, project finance, acquisition finance and corporate finance transactions in the energy and infrastructure sectors with a particular emphasis on transactions relating to renewable energy and distributed generation. Joel represents tax equity investors, sponsors, developers, borrowers, lenders and arrangers in the financing of complex energy and infrastructure projects, domestically and internationally, and in the structuring and negotiation of various secured and unsecured loan facilities, joint ventures and tax equity investment structures. Read Joel A. Hugenberger's full bio.
Shashank KrishnaShashank Krishna advises clients in the international energy, infrastructure and natural resources sector with a focus on Europe, Asia and Africa. His practice is focused on private M&A, joint ventures and project development and financing involving complex and high-value energy and infrastructure projects across the value chain. Shashank has experience in a range of industries such as power, oil & gas, LNG, refining and petrochemicals, infrastructure and metals, mining and commodities. In the power sector, he has advised in connection with independent power projects (IPPs) having an aggregate capacity of nearly 28,000 MW. Read Shashank Krishna's full bio.
Seth B. DoughtySeth Doughty focuses his practice on transactional matters in the energy industry. He has in-house experience at one of the largest Southern California utility companies. There, he gained experience drafting and negotiating a large variety of contracts, amendments and consents for supply and power procurement agreements. Read Seth Doughty's full bio.
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