Jocelyn E. Lavallo is a partner and a business lawyer at Foley & Lardner LLP. Ms. Lavallo’s practice focuses on the financing, development, purchase, and sale of energy and infrastructure projects, with a primary concentration on solar and wind transactions in the United States. She regularly represents financial institutions and developers in a variety of complex project financings, including partnership flips, sale/leasebacks, asset acquisitions and sales, and construction and term debt financings.
Ms. Lavallo has led numerous financing transactions involving utility solar and wind projects (ranging from 1 MW to 550 MW) and several hundred commercial distributed generation solar projects. She has also advised clients in the development of financing programs for new technologies, including LED lighting, fuel cells and combined heat and power plants (CHP). In addition to her financing experience, Ms. Lavallo has extensive experience with power purchase agreements, net metering credit purchase agreements, construction and maintenance contracts, state REC contracts and other project documents.
Prior to joining Foley, she was counsel in the project finance group at Chadbourne & Parke LLP.
Solar and Wind Transactions:
- Represented tax equity investor in numerous sale/leaseback transactions with various solar developers involving over a dozen utility solar projects (1-20 MW each) in Arizona, New Mexico, Mississippi, Tennessee, Georgia and Colorado.
- Represented tax equity investor in numerous sale/leaseback transactions with various solar developers involving over 200 distributed generation solar projects located at big box stores, schools, universities and other commercial locations in Arizona, California, Massachusetts, Colorado, Hawaii, Maryland and Connecticut.
- Represented tax equity investor in a partnership/flip transaction involving various commercial distributed generation solar assets located in Maryland.
- Represented tax equity investor in a partnership/flip transaction involving various commercial distributed generation solar assets located in several US states.
- Represented sponsors in a levered partnership flip transaction involving a 204 MW wind transaction in Texas.
- Represented lender in a construction revolving credit facility for a large portfolio of utility and distributed generation solar projects.
- Represented seller in two separate sales of an ownership interest in a 550 MW solar project in Riverside County, California.
- Represented tax equity investors in connection with a club partnership/flip transaction involving a 161 MW wind project in Texas.
- Represented lender in a back leverage loan transaction secured by multiple solar PV portfolios of a major US solar company consisting of over 8,000 residential solar systems located in multiple states.
- Represented tax equity investor in a sale/leaseback transaction for a 30 MW solar PV project in Colorado.
- Represented investors in connection with the purchase and financing of a 30 MW solar photovoltaic plant in Austin, TX.
- Represented investor in connection with the approximately $3 billion purchase and financing of a 550 MW solar generating facility in Riverside County, California, that included a U.S. Department of Energy loan guaranty in support of the debt financing. This transaction won Project Finance Magazine's 2012 North American Solar Deal of the Year.
- Represented investor in connection with the purchase and financing of a 31.5 MW solar photovoltaic plant developed located in Brookhaven, NY, which was awarded 2011 Best Solar Photovoltaic Project of the Year by the New York Solar Energy Industry Association (NYSEIA) and Renewable Energy Project of the Year, Reader’s Choice Award by Renewable Energy World.
- Represented investors in connection with the purchase, construction financing and tax equity financing of a 60 MW wind farm in Richardson County, Nebraska.
- Represented sponsor in connection with a construction loan, tax equity financing and back leverage loan for a 106.5 MW wind farm in Montana.
- Represented sponsor in connection with a construction loan and tax equity financing for a 103.5 MW wind farm in Montana.
Natural Gas and Other Infrastructure:
- Represented lender in the $870 million debt financing for the construction and operation of an LNG receiving terminal in Pascagoula, Mississippi.
- Represented U.S. developer in the $200 million acquisition and debt financing of a gas-fired electricity generation station and related natural gas exploration and exploitation licenses, pipelines and collection system in the United Kingdom.
- Represented lender in a $210 million construction financing of a 1.2 billion lb/year propane dehydrogenation plant to produce propylene.
- Represented lenders in a $130 million construction financing for a water treatment facility to service a 769 MW coal-fired power generation facility in West Virginia.
- Represented lender in the financing of a 190 mile interstate natural gas pipeline.
- Represented purchaser of equity interest in a 1000 MW natural gas-fired, combined-cycle electric generating facility in New York.
- Represented major financial institutions and corporations in the leveraged lease financings of large-ticket assets, including railroad rolling stock, QTE equipment and cogeneration facilities.
Pro Bono Matters:
- Represented non-profit organization in the development and installation of solar facilities throughout the New York and New Jersey coastal areas to be used for power supply in the event of an emergency.
- Represented a non-profit organization formed to create a private, collaborative forum for strategic discussion concerning integration of renewable energy projects into electric utilities’ portfolios for the benefit of the public.
- Represented a non-profit renewable energy company in connection with its development and installation of renewable energy projects in the State of New York.
- Represented a Tibetan asylum seeker before the U.S. Court of Appeals for the Second Circuit. Co-authored appellate brief.
Ms. Lavallo received her law degree from Fordham University School of Law (J.D., 2005), where she was a member of the Fordham Environmental Law Journal, and the recipient of the Henrietta Metcalf Prize in Contracts and the Calamari-Perillo Contracts Award. She received her bachelor’s degree in art history from Wheaton College in Massachusetts (B.A., summa cum laude, Phi Beta Kappa, 1999).
Ms. Lavallo is admitted to practice in the State of New York. She is a member of the American Bar Association and the New York State Bar Association.