Jeffrey A. Chester

Jeffrey A. Chester

Shareholder

Jeff Chester has deep experience handling transactions related to renewable energy, having closed more than 100 wind and solar power projects throughout the United States and Mexico. Jeff has been centrally involved in the development of the equity, debt, and capital markets for renewable energy projects and represents developers, sponsors, lenders, and investors in a wide variety of energy finance transactions. He counsels a broad range of participants on renewable energy finance transactions involving construction and term debt, backleverage, tax equity (partnership flips and sale leasebacks), and private equity capital financings.

Jeff also regularly negotiates on behalf of clients in renewable energy development matters, including power purchase agreements, turbine and solar panel supply agreements, EPC agreements, hedges, and other off-take arrangements. Additionally, he assists clients in addressing an array of development issues including transmission and interconnection, real estate procurement, and environmental issues.

Concentrations

  • Project finance
  • M&A
  • Tax equity
  • Renewable energy
  • Energy finance transactions
  • Wind energy
  • Solar energy
  • Energy storage
  • Clean technology

Competenze

Esperienze Professionali

  • One of the nation’s largest developers and owners of utility scale wind and solar power projects its sale of the CID Solar, Cottonwood Solar, and Catalina Solar 2 projects to a leading energy supplier for a total of 84-megawatt peak (MWp).°
  • One of the nation’s largest developers and owners of utility scale wind and solar power projects regarding its acquisition of the 250 MW Roosevelt Wind Project in New Mexico from a leading wind energy project developer.°
  • One of the nation’s largest developers and owners of utility scale wind and solar power projects to its sale of the 250 MW Lundgren Wind Project to an energy company based in Iowa.°
  • A national developer of utility-scale generation facilities regarding a $400 million construction loan provided by two banks for the Kay Wind project.°
  • A national developer of utility-scale generation facilities in connection with mezzanine debt financing for the 300 MW Kay Wind project together with a major grid-scale energy storage company.°
  • A national developer of utility-scale generation facilities regarding the sale of the 300 MW Kay Wind project to an electric utility holding company for approximately $500 million.°
  • A national developer of utility-scale generation facilities relating to a $200 million construction loan provided by a leading commercial bank in Germany for the Grant Wind project.°
  • A national developer of utility-scale generation facilities in connection with mezzanine debt financing for the 150 MW Grant Wind project together with a major grid-scale energy storage company.°
  • A developer relating to the construction and term loans provided by two banks of the 150 MW Tres Mesas wind project. This deal won the MIREC project of the Year Award 2015.°
  • A developer regarding the purchase and sale agreement provided by two investment firms of the 150 MW Tres Mesas wind project. This deal won the MIREC project of the Year Award 2015.°
  • A developer regarding the financing and sale of a 150 MW Tres Mesas Wind Project in Mexico. This project won the MIREC Project of the Year Award 2015.°
  • A national developer of utility-scale wind energy facilities relating to the development and sale of the 300 MW Balko Wind Project.°
  • A national developer of utility-scale wind energy facilities in assisting with the sale of 100 MW of wind energy capacity through a Renewable Energy Purchase Agreement with an Oklahoma electric cooperative.°
  • A national developer of utility-scale wind energy facilities relating to the sale of 200 MW to one of the largest electric utilities in the United States.°
  • A national developer of utility-scale wind energy facilities in connection with the negotiation of power purchase agreements with Public Service of Oklahoma and Western Farmers Electric Cooperative for a fully contracted 300 MW wind power project in Oklahoma.°
  • An independent developer, owner and operator of wind farms in the Midwest in construction and term loan financings for a 136 MW wind portfolio and tax equity financing for a 50 MW wind power project.°
  • An international developer of renewable energy projects on a construction and term loan financing for a 30 MW wind project located in southwestern Minnesota, and subsequently in its sale of the wind farm to one of the world’s largest private equity funds and simultaneous tax equity financing.°
  • A national developer of utility-scale wind energy facilities both onshore and offshore, in the sale of 99% of its stake in a 298 MW wind power project to a NYSE-listed power generation and infrastructure company.°
  • A major international Korean company in the development and financing of Solar PV Projects in the United States totaling 130 MWs.°
  • A developer in the negotiation of a 1,550 MW PPA with a California utility — the largest wind PPA ever signed.
  • A leading German developer in the development, construction, financing, and sale of multiple projects.°
  • A developer in the negotiation and structuring of a large equity commitment from a top-tier Wall Street investment banking house.°
  • A developer in the sale of a portfolio of development projects to a Spanish company.°
  • The developers as lead counsel in the Altamont Avian cases.°
  • A leading developer relating to financing of the 80 MW Beethoven Wind project.°
  • A leading developer regarding the sale of the 80 MW Beethoven Wind farm to a major utility company for $143 million.°
  • A major utility in the acquisition of a wind project in development.°
  • A wind development company with an announced pipeline of over 800 MW in its sale to one of the leading wind energy developers in the United States.°
  • A leading global renewable energy developer in the sale of the 15 MW Anderson Wind Project in New Mexico by a leading investment firm.°
  • A leading global renewable energy developer in the sale of the 25 MW Big Timber Wind Project in South Dakota by one renewable energy developer and operator.°
  • A leading global energy developer as Acquiror in the acquisition of the 20 MW Brahms Wind Project in New Mexico from National Renewable Solutions.°
  • A leading global energy developer the acquisition of the 19.8 MW Broadview Wind Project in New Mexico from National Renewable Solutions.°
  • A leading global renewable energy developer in the acquisition of the 100 MW Cabrillo Wind Project in California from various sellers.°
  • A leading CIS thin-film solar energy company in the sale of the 15 MW Calipatria Solar Project in California to the second largest utility company in the United States.°
  • One of the largest U.S. developers in the sale of the 300 MW Canadian Hills Wind Project in Oklahoma by an independent power producer.°
  • A leading global renewable energy developer in the sale of the 51.8 MW Coachella Wind Project in California.°
  • A leading global renewable energy developer in the acquisition of the 51.8 MW Coachella Wind Project in California.°
  • One of the largest U.S. developers in the sale of the 300 MW Diamond Springs Wind development project in Oklahoma by an electric utility company affiliate.°
  • One of the original wind developers in the United States in the sale of the 300 MW Eolica Mesa La Paz Wind Project in Tamaulipas, Mexico by Mexico-based energy companies.°
  • A leader of clean energy projects in the sale of the 385 MW Isabella Wind Project in Michigan to a regulated utility pursuant to a Build Transfer Agreement.°
  • A French renewable energy group in the sale of the 20 MW Longboat Solar Project in California to an electric power holding company.°
  • A leading energy investment company in the sale-leaseback financing of the transmission lines and substation for the 600 MW Mariah Wind Project in Texas to a private equity firm. This deal was a finalist for Power Finance & Risk Deal of the Year in 2016.°
  • A leading CIS thin-film solar energy company in the sale of the 50 MW Midway 1 Solar Project in California to a global leader in renewable energy.°
  • A leading CIS thin-film solar energy company in the sale of the 30 MW Midway 2 Solar project in California to an American power and energy company.°
  • A leading CIS thin-film solar energy company in the sale of the 20 MW Midway 3 Solar Project in California to an American power and energy company.°
  • A leader in clean energy projects in the sale of the 163 MW Midway Wind Project in Texas to a private equity firm.°
  • A leading CIS thin-film solar energy company in the sale of the 15 MW Morelos Solar Project in California to the second largest utility company in the United States.°
  • A Fortune 200 energy company in the acquisition of the 280 MW Mulqueeney Easement Wind Project in California from NextEra.°
  • A leader in clean energy projects in the structure and sale of the 300 MW Neosho Wind Project in Kansas to a regulated utility pursuant to a Build Transfer Agreement.°
  • A leader in clean energy projects in the sale of the 360 MW Oslo Wind Project in Texas.°
  • A leader in clean energy projects in the sale of the 179.4 MW Patriot Wind Project in Texas to a yieldco.°
  • A leading CIS thin-film solar energy company in thesale of the 28 MWdc SJ1 Solar Project in California by an independent global asset management firm.°
  • A leading global renewable energy developer in the acquisition and sale of the 6 MW Wagner Wind Project in California to a capital investment firm.°
  • A top-tier investment bank in the acquisition of the tax equity interests in the 74 MW Blue Canyon Wind Project in Oklahoma.°
  • A top-tier U.S. investment bank in the acquisition of the tax equity interest in the 129 MW Sweetwater 1&2 Wind Projects in Texas from KeyBank.°
  • A top-tier investment bank in the acquisition of the tax equity interests in the 80 MW Caprock Wind Project in New Mexico from KeyBank.°
  • A private equity and infrastructure investment firm relating to the acquisition, construction loan, tax equity, and back leverage financing of the 300 MW Kingfisher wind project.°
  • A global investment firm in connection with its acquisition of tax equity stakes in two operating wind farms from a subsidiary of a provider of investment banking services.°
  • A leading U.S. bank as a tax equity investor in approximately 700 MWs of wind power projects.°
  • The U.S. subsidiary of a leading European utility in the acquisition of a 4,000 MW development pipeline and management team.°
  • A Canadian pension fund in its $500 million investment in a 1,500 MW wind farm portfolio owned by North America’s largest independent wind power generation company.°
  • An Australian infrastructure fund in the $325 million sale of a 3,100 MW project in development to a private equity fund.°
  • A private equity fund in the acquisition, tax structuring, and financing of a project in California.°
  • An Australian infrastructure fund in the acquisition, development, tax structuring, and financing of multiple projects.°
  • The lenders for construction financing of a 120 MW project in Texas.°

°The above representations were handled by Mr. Chester prior to his joining Greenberg Traurig, LLP.

Riconoscimenti e Premi

  • Listed, Chambers USA Guide, 2008-2015
  • Recognized, Legal Media Group Clean Technology & Renewable Energy, “The CleanTech 100,” 2013
  • Member, American Wind Energy Association
  • Member, American Bar Association
  • Member, State Bar of California

Formazione

Formazione
  • Laurea magistrale in Giurisprudenza, University of Pennsylvania Law School
  • Diploma di maturità, Pennsylvania State University
Abilitazioni
  • California