Gregory D. Chafee
Greg is a partner in the Corporate Transactions & Securities Practice and the Energy Group. He is also Co-Chair of the Water Resources, Technology & Regulation Group. Greg’s practice covers a wide range of domestic and international corporate, commercial, transactional, regulatory compliance and governance matters, with a focus on energy project development, clean technology, and sustainability programs, policies and initiatives.
Greg represents public and private companies in purchase and sale transactions, raising funds through equity and debt financing, and structuring business relationships including partnerships, joint ventures and strategic alliances. His practice involves corporate finance and capital formation, technology licensing and transfer, mergers, acquisitions and divestitures and representing owners, investors, entrepreneurs and established and early-stage companies.
Greg provides strategic advice and counsel to project developers, owners, operators, lenders, private equity and venture capital investors, suppliers and services providers on financing, including debt and equity offerings, operations and transactions involving conventional and renewable energy. He has negotiated and structured complex transactions involving electrical power generation, transmission and distribution, petroleum, ethanol, natural gas and LNG production, transmission and distribution and the generation of energy from biomass and biofuels, cogeneration, solar, wind, geothermal, hydroelectric, waste-to-energy and other renewable resources. Greg acts as general counsel to clients for commercial matters including corporate formation and governance, regulatory compliance and risk management.
Greg represents clients in the negotiation of power purchase agreements (PPAs), utility interconnection contracts and engineering, procurement and construction (EPC) and operations and maintenance (O&M) agreements. He provides guidance on carbon emissions trading and renewable energy credits. Greg also counsels on matters related to energy efficiency, sustainable development, the utilization of green technologies and compliance with federal, state and local laws and regulations, including the Public Utility Regulatory Policies Act of 1978 (PURPA), the Energy Policy Act and Federal Energy Regulatory Commission (FERC) rulings.
Greg previously served as Vice President, General Counsel and Secretary of DS Waters of America and Danone Waters of North America, and Associate General Counsel for Georgia-Pacific Corporation, representing market leading consumer products brands worldwide. He has extensive experience with project development in Europe, Asia and Latin America.
- Counseled on the development, financing and operation of utility scale solar, wind, biomass and geothermal projects, including business formation and organization, funding and regulatory authorizations, renewable energy credits (RECs), carbon emission reduction contracts and transmission access.
- Counseled on the negotiation of the first utility scale solar power purchase agreements in the State of Georgia.
- Represented lender in financing of $25 million Southeast solar power project.
- Represented lender in financing of a portfolio of Midwest wind turbine projects.
- Represented lender in financing multiple portfolios of solar projects in California, Connecticut, Georgia, Massachusetts, New York, North Carolina and other states.
- Represented the developer of a natural gas fired cogeneration project on debt and equity financing, siting and permitting, power purchase agreements, fuel sourcing and off-take arrangements.
- Represented developers of biomass pellets facility in project financing, off-take arrangements with European utility, transportation and logistics matters.
- Advised developers of an innovative system for processing and converting landfill gas into natural gas capable of local energy generation or resale, including obtaining seed financing for research, development and product commercialization.
- Represented a bio refinery company with advanced technology for converting algae and biomass into fuels.
- Advised a natural gas power plant operator and a hydropower developer on site authorizations, state and local regulatory proceeding and transactional matters.
- Counseled on structuring a multinational joint venture for a biomass-fueled power plant, including financing and regulatory approvals.
- Advised a wind power developer on drafting and negotiating key transactional agreements, including site acquisition, engineering and equipment contracts.
- Counseled an advanced hydrogen on demand (HOD) clean technology company on start-up financing, organization, intellectual property protection and general commercial matters.
- Counseled on the development, financing and commercial use of energy-saving construction technologies, including transformational use of batteries and fuel cells.
- Advised on a multistage combined solar and wind farm project, including capitalization, Series A preferred stock financing and all corporate and regulatory matters.
- Represented a private equity fund in an initial preferred stock investment in a high-efficiency solar photovoltaic manufacturing company.
- Represented a wind project developer in raising investment capital, negotiating customer contracts and purchasing technology and equipment.
- Represented the manufacturer of flexible, solid-state lithium batteries in senior debt financing and convertible subordinated debt financing.
- Advised a Northeast hydropower developer on the reopening and operation of a municipal hydroelectric plant.
- Counseled a multinational consumer products manufacturer on the non-recourse project financing of an industrial waste to energy facility, including the amended and restated bond purchase and guaranty term loan facility.
- Advised a utility holding company on the acquisition of geothermal assets in the Southwest.
- “Financing Energy-Efficiency and Renewable-Energy Projects - Public Equity Instruments: An Analysis of REITS, MLPs and Yieldcos,” National Institute of Building Sciences (NIBS) Council on Finance, Insurance and Real Estate, (CFIRE), 2016 (Co-Contributor)
- “Federal Funding for Clean Energy Projects,” CLEANTECH iDEAS, January 2015
- “China’s new normal could be a boon for Georgia businesses,” AJC.com, May 28, 2015
- The Playbook, Early Stage and Emerging Companies Event, Host
- Annual Southeast Innovation Summit “Cleantech Investment Trends and Strategies," Panelist
- The New Normal: What Every American Business Needs to Know to Succeed in China “Technology and Trade: New Investment Opportunities in China,” Panelist
- National Zero Waste Business Conference: “Contract Provisions: A New Zero Waste Resource,” Presenter
- Cherry Bekaert International Seminar Series: Insider Advice on Conducting Business in the Asia Pacific Region, Co-Moderator
- Water Innovations Alliance Foundation Water 2.0 Conference, Presenter
- Greenhouse Accelerator Acceleration Interactive Crowdfunding Program, Moderator and Panelist
- Renewable Energy Financing Workshop, Moderator
- Cleantech Open Southeast Business Clinic, Moderator and Presenter
- Seminar Group “Financing Renewable Energy” Conference, Co-Host
- International Clean Energy Conference, “Natural Gas: Understanding Its Opportunities and Rapid Rise in Importance," Panelist
- Seminar Group Webinar, “Renewable Energy: PPA Ancillary Agreements for Renewable Energy Resources,” Co-Presenter
- International Biomass Conference & Expo, “Opening & Growing Overseas Pellets Markets Sustainably,” Panelist
- Seminar Group 3rd Annual Solar Power Projects Southeast Conference Panelist
- Greenprints Expo, Panelist
- Renewable Energy Developments in the Southeast, Panelist
- Federal and State Incentives for Biomass Project Development, Panelist
- Sustainability Spotlight: Strategies, Solutions, Risks & Opportunities, Host and Panelist
- Dollars & Sense: “Financing Green Projects Today,” Host and Panelist
- Energy to the 10th Power: “Top Ten Tips for Results,” Panelist
- PLI Solar Summit, “Siting and Permitting,” Panelist
- France-America Renewable Energy Forum, Moderator and Panelist
- ACORE Southeast Summit, “Renewable Energy,” Panelist
- TAG Smart Grid, “Recent Developments in Energy Legislation,” Panelist
- Elemental Impact Clean Tech and Sustainability Roundtable Series, Host and Panelist
- Northeast Offshore Wind Forum, Panelist
- Sustainability Roundtable, “Wind Energy Development in the Southeast,” Moderator and Panelist
- United States Trade and Development Agency (USTDA) 2018 East Africa Smart Grid Reverse Trade Mission, Presenter and Host
- Listed in The Legal 500, Mergers and Acquisitions, 2014
- Member, American Bar Association Energy and Environmental Markets and Finance Committee
- Director, Georgia Solar Energy Industries Association
- Director, Livable Buckhead
- Director, Technology Association of Georgia (TAG) Smart Energy Society
- Director, Elemental Impact
- Director, Green Chamber of the South Foundation