Jacob Wolf represents clients in project financings, acquisitions and divestitures, tax equity financings, joint ventures and other commercial transactions in the energy and infrastructure sectors.
Mr. Wolf also has experience representing clients in connection with corporate financing matters, including secured and unsecured debt financings, acquisition financings, revolving credit facilities, asset-backed loans, structured finance transactions and restructurings.
Mr. Wolf’s recent representations include:
- Pattern Energy in connection with various matters, including (i) the construction and tax equity financing of the 220 MW Grady wind farm, and (ii) the construction, tax equity and back leverage financings for the 324 MW Broadview wind farms and the Western Interconnect transmission line;
- Emera Inc. in its (i) $959 million sale of Emera Maine, its regulated electric transmission and distribution company in Maine, to ENMAX Corporation, and (ii) $590 million sale of three natural gas-fired generation facilities in New England to The Carlyle Group;
- Talen Energy on various matters, including (i) its secured corporate credit facilities, (ii) the $450 million project financing of its Lower Mount Bethel and Martins Creek power plants, and (iii) the restructuring of its 2,532 MW Mach Gen portfolio;
- First Solar on various matters, including tax equity financings for (i) the 179 MW Switch Station projects, (ii) the 250 MW Moapa project, and (iii) the 40 MW Kingbird project;
- a private equity fund in connection with the ongoing sale of a portfolio of wind and solar-generating assets in the U.S. and Canada;
- TerraForm Power in connection with its corporate credit facilities and multiple portfolio and project financings;
- a U.S.-based private equity firm in its acquisition of a development-stage natural gas power project in Mexico and its proposed acquisition of power assets in Central America;
- Hudson Transmission Partners in the financing of its 660 MW underwater transmission line between New Jersey and Manhattan;
- Brookfield Renewables in connection with refinancing the $199 million senior secured credit facilities supporting a 351 MW hydroelectric portfolio in the United States;
- The AES Corporation and Alberta Investment Management Corporation (AIMCo) in their acquisition of sPower (1,200 MW of utility scale solar) from Fir Tree Partners and its minority owners for $1.6 billion (enterprise value);
- TerraForm Global in obtaining a $460 million bridge credit facility to acquire projects in advance of its IPO and in a $485 million corporate revolving credit facility;
- SunEdison and TerraForm Power in the financing of their $2.4 billion acquisition of First Wind Holdings, Inc., a developer of wind projects; and
- a leading tax equity investor in the acquisition, and subsequent disposition, of ownership and tax equity interests in a wind project.