Cleantech Investing Services
Drinker Biddle’s energy team represents diverse clients investing in the energy and cleantech space. We have led acquisitions of individual generating assets and of large portfolios of power projects, including operating projects, projects under construction and development projects. We not only review project contracts and corporate arrangements, but also perform environmental due diligence and permit review and assess energy regulatory issues. We assist with the purchase and restructuring of troubled projects and often assist with refinancing of projects in connection with an acquisition. We advise on tax issues, both in connection with the acquisition itself and the effect of the acquisition on tax credits and other tax benefits, and advise on repositioning acquired assets in the energy and environmental markets.
Our experience with acquisitions includes gas cogeneration, coal, waste-coal, waste-to energy, wind and solar generating facilities, and Drinker Biddle lawyers have led the acquisition of an LNG importing facility. We also do energy due diligence in connection with other corporate mergers and acquisitions.
Drinker Biddle lawyers are actively involved in assisting emerging companies in the cleantech arena. Our experience includes a range of technology from energy efficiency technologies to solar and tidal power and cellulosic ethanol. We assist both companies and investors with private equity and venture capital as well as angel investments in these companies. We also assist emerging companies and their investors with patent prosecution and due diligence, licensing, and other intellectual property issues. We serve as counsel to equity funds and their advisors, assisting with securities law and governance issues as well as the structure of investments. We are advising on the creation of a fund intended to attract tax equity to renewable energy projects.