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Peter A. del Vecchio

Partner

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Practices
Industries
International
Education
  • Boston College Law School, JD, with Honors, Articles Editor and Staff Member, Boston College Law Review, 1981
  • York University, BA, with Honors, Chancellor's and Dean's Lists, 1975
Admissions
  • New York
  • New Jersey
  • Texas
  • England and Wales (nonpracticing)
Affiliations

Member, Texas Bar Foundation

Member, American Bar Association

Member, The Bar Association of The City of New York

Member, Houston Bar Association

Member, The Law Society (England and Wales)

Member, Japan-America Society of Houston

Languages
  • Japanese
Print

Peter concentrates his practice in the area of energy law, with a special emphasis on the acquisition, development and financing of renewable energy projects. Peter routinely represents U.S. and international private equity, hedge fund and infrastructure fund clients in connection with energy and infrastructure transactions with an emphasis on mergers, acquisitions and divestitures, control and non-control investments, leveraged buyouts, recapitalizations, partnerships and joint ventures, and related general corporate counseling.

Peter has extensive experience representing clients acquiring, developing and financing wind, solar, biomass, hydroelectric, energy storage and other energy projects. With more than 25 years of experience, he has worked on projects including power plants (coal, gas, biomass), renewable energy (solar, wind, hydro and geothermal), copper smelting, refineries, gas storage facilities, gas processing and gas forming plants (methanol, ammonia), marine terminal assets (crude and refined products), pulp and paper plants and related timber assets, ports, toll ways, rails and subways, steel mills, submarine cables, among others.

Peter represents clients in structuring energy projects and in the negotiation of various project agreements,  including joint development agreements, engineering, procurement and construction (EPC) contracts, energy services and energy management agreements, feedstock and fuel supply agreements, hedging arrangements for inputs and outputs, offtake and power purchase agreements (PPAs), equipment supply agreements, operation and maintenance (O&M) agreements among others.

He also has experience in energy commodity trading, physical and financial, as well as a variety of financing transactions, including project financing, off-balance sheet, limited recourse and structured finance transactions, including securitizations, monetizations and asset-based lending transactions. 

vCard
T: +1 713 353 6672F: +1 832 214 9929pdelvecchio@mcguirewoods.comJPMorgan Chase Tower
600 Travis Street
Suite 7500
Houston, TX 77002-2906

Representation of UBS Infrastructure Asset Management in connection with their acquisition of a 50% interest in Northern Star Generation, LLC, a Texas-based independent power producer.

Representation of the unregulated division of a major energy company in connection with various business development opportunities, including (1) the divestiture of an intrastate and interstate natural gas pipelines, (2) the acquisition of several newsprint and market pulp production facilities, (3) the acquisition and later disposition of a steel galvanizing plant, (4) the sale of a major online commodity trading platform, (5) the acquisition of interests in several coal mines and coal transportation businesses, and (6) the acquisition and disposition of various natural gas power generation facilities.

Representation of a major energy commodity hedge fund in connection with a variety of private equity transactions, including (1) the investment in a transmissions rights trading platform, (2) the disposition of interests in an upstream natural gas drilling project, (3) an investment in a hedge fund which itself invests in distressed securitized financial assets, among other transactions.

Representation of SunWize Technologies, Inc., a subsidiary of Mitsui (USA) Ltd. and a major solar EPC contractor, in connection with a large residential solar program in New Orleans, and (ii) various alternatives to finance its portfolio of solar projects.

Representation of a major wind power development company in connection with the acquisition, development and financing of over 552MW of solar projects in Idaho, Minnesota and Texas.

Representation of major U.S. corporations in negotiation and purchase of electricity and natural gas for long-term procurement and supply.

Representation of a developer consortium in connection with the development and financing of large-scale solar PV projects in South Africa.

Representation of a non-traditional lender in connection with a loan secured by oil and gas production assets and receipts under the Alaska oil and gas production tax (ACES) program.

Representation of Galaxy Lithium Resources, a Perth, Australia-based hard-rock lithium resources and mining company in connection with its US corporate activities.

Representation of the owner of various oil & gas exploration and drilling permits offshore Israel in the sale of the company.