Michael B. Woodard Partner

• Representation of Dominion Energy, Inc. in its pending $420 billion enterprise value all-stock merger with NextEra Energy, Inc., creating the world’s largest regulated electric utility business by market capitalization and one of the world’s largest energy infrastructure companies.
• Representation of a finance and development platform company in the acquisition of a portfolio of solar and energy storage projects in ERCOT.
• Representation of a seller of its Pennsylvania natural gas distribution company to an affiliate of an infrastructure fund that owns and manages utilities and other infrastructure assets for approximately $780 million.
• Representation of an energy company in a $256 million stock sale of three peaker generating stations.
• Representation of a public utility in a $150 million asset purchase of wood burning electric generating facility.
• Representation of a renewable energy company that designs, builds and operates distributed landfill gas power generating facilities in a $57 million sale (merger) to private equity fund.
• Representation of a public utility in separate purchase transactions (ranging in size from $35-40 million) of assets related to the development of electric generating facilities.
• Representation of a company in a $38 million stock purchase of a manufacturer of industrial centrifuges and related equipment.
• Representation of a company in a $35 million purchase (merger) of a distributor of paperboard products.
• Representation of a company in a $30 million sale (asset and stock transactions) of multiple subsidiaries that design, manufacture and distribute tactical and logistic shelters and related products for military and commercial applications.
• Representation of a private equity portfolio company in a $10 million add-on transaction in the purchase of assets of manufacturer of corrosion-resistant industrial doors.

Solar Transactions

• Representation of solar developer in a joint venture transaction and subsequent divesture involving in excess of 300 MW of near Notice To Proceed projects and more than 1.5 GWs of projects in development.
• Representation of a global renewable energy asset manager in acquiring 70% ownership rights of a 280 MW and a 285 MW development-stage solar projects in Mohave County, Arizona.
• Representation of unregulated utility affiliate as acquirer in connection with the acquisition and development of six solar PV projects having an aggregate nameplate capacity of 139 MW in Kern, Kings and Fresno County, California.
• Representation of solar developer in sale of six solar projects located in Oregon totaling approximately 65 MW.
• Representation of unregulated utility affiliate as acquirer in connection with the acquisition and development of a 60 MW solar PV project in Currituck County, North Carolina.
• Representation of unregulated utility affiliate as acquirer in connection with the acquisition and development of 50 MW solar PV project in Millard County, Utah.
• Representation of solar developer in sale of a 40 MW solar project located in North Carolina.
• Representation of unregulated utility affiliate as acquirer in connection with the acquisition and development of three solar PV projects with an aggregate nameplate capacity of 30 MW in Indianapolis, Indiana.
• Representation of solar developer in sale of two 20 MW solar projects located in Oregon.
• Representation of solar developer in sale of 20 MW solar project located in Connecticut.
• Representation of solar developer in sale of three solar projects located in North Carolina totaling approximately 20 MW.
• Representation of solar developer in sale of three solar projects (each totaling approximately 15 MW) in North Carolina.
• Representation of unregulated utility affiliate as acquirer in connection with the acquisition and development of an approximately 10 MW solar PV project to be located on the Site in Davisboro, Georgia.

Wind Transactions

• Representation of an independent renewable energy company focused on utility-scale generation facilities in its $2.25 million sale of a 250 MW wind farm in Texas.
• Representation of a wind generation developer in connection with a $98 million sale to a large international oil company.

Build Transfer Agreements

• Representation of Dominion Energy Services (NYSE: D), an American power and energy company, in connection with the negotiation and execution of an interconnection agreement for the 102 MW Hillandale Solar project spanning Pittsylvania and Halifax counties in southern Virginia.
• Representation of Dominion Energy Services (NYSE: D) in its potential construction and acquisition of a 300 MW solar facility to be located in Brunswick County, VA.
• Representation of one of the largest fully regulated utility companies in the U.S. in their build transfer project acquisition structure and related power purchase agreement transactions, including the:
  • Acquisition of a 200 MW solar + 60 MW battery storage project in Indiana.
  • Acquisition of a 435 MW solar + 75 MW battery storage project in Iowa.
• Representation of a Fortune 500 company in:
  • Negotiating a build transfer agreement with Apex for the Diamond Grove Wind Energy Project.
  • A build transfer agreement to acquire, after construction, a 300 MW wind generation facility in Atchison County, Missouri from Tradewind Energy, one of the largest wind and solar project development companies in the U.S.
  • Acquisition of a 400 MW electric wind project in Missouri.
• Representation of a private equity investment firm that specializes in energy infrastructure investments in a build transfer agreement for 200 MW project in Texas.