Aryan Moniri

Financing

Mr. Moniri has represented borrowers and lenders in financing transactions of all types, including project financings, acquisition financings and corporate financings. Significant recent representations include:

• an ad hoc group of bondholders in connection with the restructuring and related exchange offer of indebtedness of Martin Midstream
• BayWa in connection with a $115 million revolving credit facility to support its development pipeline
• Brookfield Asset Management in connection with acquisition financing for the Los Ramones pipeline system in Mexico and a separate private placement relating to the northern portion of the pipeline
• Brookfield Renewable in connection with:
  • an acquisition financing for a distributed generation platform purchased from Exelon Generation Company that includes approximately 360 MW of operating projects (located in 13 states and Washington, D.C.) and 700 MW of capacity under development
  • the financing of various hydro assets
• First Solar in connection with the $290 million financing of the 141 MW Luz del Norte solar project in Chile
• FTC Solar in connection with its corporate revolver
• Intel in connection with a first-of-its-kind $30 billion joint investment arrangement with Brookfield relating to two new chip factories in Arizona
• Luminace in connection with various corporate and project financings, as well as a first-of-its-kind securitization
• MN8 Energy in connection with multiple private placements and its corporate credit facilities
• Pattern Energy in connection with:
  • the Sunzia transmission line and related generation projects
  • the construction and tax equity financing of the 220 MW Grady wind farm
  • construction, tax equity and back leverage financings totaling over $1 billion for its two Broadview wind farms and the Western Interconnect transmission line
  • the $1.7 billion debt and the tax equity financing for the Western Spirit wind project and transmission line, totaling approximately 1,050 MW in central New Mexico
  • the debt and tax-equity financings of its 105.2 MW Phoenix Solar project located in Fannin County, Texas
  • its investment in the 298 MW El Cabo wind farm
  • the $205 million financing of the 122 MW Conejo solar project in Chile
  • Peru LNG S.R.L. in the financing of its $3.8 billion LNG export project in Peru
• Sonnedix in a joint venture with Cox Energy America in securing a $120 million project financing provided by Sumitomo Mitsui Banking Corporation for its 160 MWp Meseta de los Andes solar PV plant located in the Valparaiso region of Chile
• Standard Solar in connection with various corporate and project financings
• SunEdison and its subsidiaries in connection with more than $4 billion in secured corporate credit facilities, project financings and warehouse facilities, including project financings in Chile, Honduras, India, Israel, Jordan and South Africa
• Talen Energy in connection with:
  • its secured corporate credit facilities
  • the $450 million project financing of its Lower Mount Bethel and Martins Creek power plants in PJM
  • the restructuring of its 2,532 MW Mach Gen portfolio
• TerraForm Power in connection with:
  • the repowering and debt and tax equity financing of its Bishop Hill wind project
  • a $475 million acquisition financing for an approximately 320 MW portfolio of distributed generation, residential and fuel cell assets acquired from AltaGas
  • a $131 million private placement relating to a portfolio of wind projects
  • a $113 million commercial bank financing of distributed generation solar projects
  • a $78.8 million private placement relating to a 51 MW portfolio of utility-scale and distributed generation solar projects
  • a $84 million private placement relating to a portfolio of utility-scale solar projects
  • a $189.3 million term loan facility and $22.5 million letter of credit facility for a portfolio of solar PV assets across 11 states and Washington, D.C.
  • a $171 million private placement by the owner of a wind project
  • its corporate credit facilities and various other project financings
• Urban Grid in connection with a revolving credit facility and certain project financings

M&A

Mr. Moniri has extensive experience representing both buyers and sellers in connection with investments in energy and infrastructure assets. Significant recent representations include:

• Brookfield in connection with:
  • its sale of its 50% interest in Smoky Mountain, a 378 MW U.S. hydroelectric portfolio, to Argo Infrastructure Partners
  • its deal with Closed Loop Partners LLC to establish Circular Services, a joint venture in the recycling space
  • the $733 million sale of a 391 MW portfolio of four operating wind assets in California and New Hampshire to NextEra Energy Partners
  • the $1.5 billion sale of a 49.9% equity interest in an 852 MW portfolio of wind generating assets in the U.S. to a group of South Korean infrastructure investors comprised of Korea Hydro & Nuclear Power Co., Ltd., Alpha Asset Management, Sprott Korea Investment, Hana Financial Investment Co., Ltd. and Korea Investment & Securities Co., Ltd.
  • its $3.5 billion acquisition of an additional 30% stake in FirstEnergy Transmission, LLC from FirstEnergy Corp. This followed a previous $2.4 billion acquisition of a 19.9% stake in the company from FirstEnergy Corp
  • the acquisition of co-controlling interests in two natural gas pipelines in Mexico from affiliates of BlackRock, Inc.
  • its acquisition of Standard Solar
• Francis Renewable Energy, an electric vehicle charging station operator, in a minority investment by Alliance Resource Partners, L.P.
• SunEdison in connection with the sale, through bankruptcy, of nearly all of its assets

Mr. Moniri has been named a Rising Star by The National Law Journal and a Rising Star in Project Finance by Law360. He also has been recognized in Chambers USA and The Legal 500 U.S.