Overview Experience Events News Intelligence John A. Eliason Partner jeliason foley.com Download vCard John A. Eliason is a partner and business lawyer at Foley & Lardner LLP. He provides tax, legal, and business advice to financial institutions, equity investors, manufacturers, and project developers in the energy sector and is co-chair of the firm’s Energy Industry Team. Mr. Eliason regularly represents clients participating in wind, solar, and other renewable energy transactions that rely on tax and other federal and state incentives such as investment tax credits, production tax credits, bonus depreciation, and other government incentive programs. He helps clients maximize benefits available through the use of sale-leasebacks, flip partnerships, and other tax-driven structures. Mr. Eliason also regularly represents energy clients in front of both the Department of Treasury and the Internal Revenue Service. Mr. Eliason began his legal career in the New York office of Hunton and Williams, where his practice focused on the tax side of cross-border leveraged lease transactions. Prior to practicing law, Mr. Eliason co-founded an information management company based in Austin, Texas and was a member of the Texas Army National Guard. Representative Experience Represented leading financial institution in tax equity investment in a 210 MW, $465 million wind farm in Illinois, structured as a “partnership flip” Represented wind developer in tax equity and debt financing of 100 MW wind farm in Maine, structured as a “partnership flip” Represented global financial institution in a $290 million tax equity acquisition of a 127.8 MW wind farm in California, structured as a “prepay PPA” Represented global financial institution in a $130 million tax equity acquisition of three solar projects in Texas aggregating approximately 30 MW, structured as a “prepay PPA” Represented leading wind developer in $90 million tax equity financing of 35 MW wind farm in Maine, structured as a sale-leaseback Represented solar developer in tax equity financing of portfolio of utility scale solar projects in Massachusetts – the first solar transaction for developer – structured as a “partnership flip” Represented solar developer in first transaction of tax equity and debt financing for portfolio of solar projects in North Carolina, including state tax, structured as a “lease pass-through” Represented developer in tax equity and debt financings of 70 MW biomass plant in Southeastern US, structured as a “partnership flip” Represented global financial institution in tax equity acquisition of $210 million wind facility in Utah, structured as a “prepay PPA” Represented leading financial institution in tax equity investment in 90 MW wind farm in New York, structured as a “partnership flip” Represented leading financial institution in $60 million tax equity investment in two utility scale solar facilities in California, structured as a “partnership flip” Represented major North Carolina developer in federal tax equity, state tax equity, and debt financing of six utility scale solar facilities aggregating approximately 35 MW, structured as a “lease pass-through” Represented leading financial institution in $60 million tax equity financing of solar DG portfolio in Northeastern US, structured as a “partnership flip” Represented major wind developer in tax equity financing of 110 MW wind facility in Maine Represented major financial institution in structuring and closing syndication of residential solar portfolio – the first renewable energy syndication by institution Recognition Mr. Eliason was recognized by The Legal 500 for his work in project finance (2014 - 2016) and energy: renewable/alternative (2014 and 2016). He is also a 2014 recipient of Foley’s Carl Hitchner Mentor of the Year Award, presented annually to recognize outstanding mentoring to our young attorneys. Education Mr. Eliason earned an LL.M. in taxation from New York University School of Law and graduated with a J.D. from Washington and Lee University School of Law. He completed his B.A. in economics at The University of Texas at Austin. Admissions Mr. Eliason is admitted to practice in the District of Columbia, New York and Texas.