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Lead real estate and permitting counsel to NYSE-listed energy company on purchase of all operating permits and development rights for 300 MW class to-be-constructed combined cycle dual fuel project, requiring delivery of new gas laterals and redeployment of excess water reservoir capacities for cooling.
Represent developer, owner and operator of renewable gas facilities in all aspects of negotiating and documenting the siting, supply, off-take and financing of their renewable energy projects, which produce biogas, pipeline-grade methane and carbon sequestration credits from livestock and food industry waste streams by utilizing an advanced anaerobic digestion technology.
Represented an owner/developer in conjunction with all aspects of a major commercial facility roof top PV installation in California, which at the time was the largest project of its type there. This work included negotiation of Cal ISO grid integration protocols, negotiation with the local utility with which the project interconnects, working with the California PUC on permits and tax credits, and advice regarding federal tax credits, together with associated commercial and financial advice.
Pierce Atwood represented Great Bay Renewables in connection with its $45 million royalty financing of U.S. renewable energy developer Hexagon Energy, LLC. With this transaction, Great Bay gains future royalties related to Hexagon’s portfolio of solar, solar plus energy storage and standalone energy storage development projects. Hexagon’s portfolio currently consists of 43 development projects totaling 5.3 GWac located across 12 states and four regional transmission organizations.
Pierce Atwood advised Great Bay Renewables, LLC, with respect to its $30 million royalty investment in renewable energy developer Nokomis Energy’s portfolio of 77 solar development projects located across seven states. The transaction also includes any future development projects added to Nokomis’s portfolio. The $30 million royalty investment will be made in tranches over approximately the next two to three years as Nokomis achieves certain project advancement milestones.
Pierce Atwood represented Great Bay Renewables in connection with its $30 million royalty investment in Apex Clean Energy’s 195 MWac Angelo Solar project in Tom Green County, Texas.
Pierce Atwood represented Great Bay Renewables in its $35 million royalty investment in a 250MW solar project developed by Longroad Energy, known as Prospero 2. The Prospero 2 solar project, located in Andrews County, Texas, achieved commercial operation on August 2, 2021, and is operated by Longroad. The solar facility is located on land leased from the University of Texas under a long-term lease agreement.
Pierce Atwood served as legal counsel to Connecticut Municipal Electric Energy Cooperative (CMEEC) in connection with Hull Street Energy’s acquisition of the AL Pierce Generation facility in Wallingford, Connecticut from CMEEC. The natural gas-fired facility provides 84 MW of flexible, fast start dual-fueled power generation capacity to the New England region.
Representation of Great Bay Renewables, Inc. in connection with its acquisition by Altius Renewable Royalties Corp., a subsidiary of Canadian company Altius Minerals Corporation.
On behalf of our client Iberdrola Energy Projects, Inc., we successfully negotiated a project labor agreement (PLA) with more than 24 trade unions for the construction of a $750 million combined-cycle gas turbine (CCGT) electric generating power plant in Salem, Massachusetts. This challenging project was made more complex by months of unanticipated delays relating to environmental permitting and financing issues. Nevertheless, construction commenced in April 2015, and when complete the new CCGT plan will supply electricity to more than 600,000 homes while lowering regional greenhouse gas emissions.