Chad Richards

Renewables and Energy Transition Matters

• Advised Global Infrastructure Partners (GIP) in connection with its $12.5 billion acquisition by BlackRock, Inc. (NYSE: BLK).
• Advised Energy Capital Partners in connection with its $1 billion combination with Bridgepoint Group plc (LSE: BPT).
• Advised Blackstone Infrastructure Partners in connection with its $1 billion preferred equity investment in a portfolio of wind and solar projects with NextEra Energy Resources.
• Advised Basalt Infrastructure Partners in connection with its acquisition of AEP OnSite Partners, the distributed generation business of American Electric Power (NASDAQ: AEP).
• Advised Blackstone Inc. (NYSE: BX) and its portfolio company, Aypa Power, in connection with the construction and tax equity financing of utility-scale energy storage and hybrid renewable energy projects.
• Advised ArcLight Capital Partners in connection with its acquisition of Duke Energy’s (NYSE: DUK) commercial distributed generation business.
• Advised Consortium of Global Infrastructure Partners (GIP) and Canada Pension Plan Investment Board (CPPIB) in the $6.2 billion acquisition of ALLETE, Inc. (NYSE: ALE).
• Advised tax equity investors in connection with the $1.76 billion financing of the Western Spirit transmission line and wind portfolio in New Mexico. This transaction was named the 2020 “Transmission Deal of the Year” by Power Finance & Risk.*
• Advised renewables company sponsor in connection with the construction and tax equity financing of a 1.7 GW utility-scale solar portfolio located in Texas and California.*
• Advised lenders in connection with the construction, term, and tax equity financing of the Edwards Sanborn solar and storage facility in California. This transaction was named the 2022 “Americas Renewables Deal of the Year” by Project Finance International.*
• Advised tax equity investors in connection with the $1.6 billion financing of a 2.3 GW utility-scale solar and wind portfolio located in Kansas, Oklahoma, Texas, South Dakota, and Virginia.*
• Advised lenders in connection with the construction, term, and tax equity financing of the Highlander solar facility in Virginia. This transaction was named the 2020 “North America Deal of the Year” by Project Finance International.*
• Advised lenders in connection with the repowering and refinancing of the Shepherds Flat wind facility in Oregon.*
• Advised private equity firm in connection with the acquisition of a portfolio of forty-two hydroelectric facilities spanning eleven states.*
• Advised Official Committee of Unsecured Creditors in the bankruptcy of Pacific Gas & Electric Company in connection with regulatory proceedings at FERC and the California Public Utilities Commission (CPUC).*

Oil, Gas, and LNG Matters

• Advised Global Infrastructure Partners (GIP) in connection with its majority equity investment in Rio Grande LNG’s $18.4 billion Phase I development and project financing. This transaction was named the 2023 “Americas Deal of the Year” by Project Finance International.
• Advised Permian Resources Corporation (NYSE: PR) in connection with its $4.5 billion acquisition of Earthstone Energy, Inc. (NYSE: ESTE).
• Advised sovereign wealth fund in $1.78 billion minority equity investment in Sempra Infrastructure Partners.*
• Advised private equity firm in connection with the acquisition of a portfolio of six natural gas distribution companies located in Indiana, Maine, Montana, North Carolina, and Ohio.*
• Advised lenders in connection with the debt refinancing of midstream oil and gas company with gathering, production, and transportation assets in the Gulf Coast.*
• Advised lenders in connection with the construction financing of the CPV Three Rivers natural gas-fired power plant in Illinois. This transaction was named the 2020 “Conventional Power Deal of the Year” by Power Finance & Risk.*

*Matters completed prior to joining Golden Flag