Jeffrey Chester is a partner in the firm’s Project Finance and Development Group, resident in the Los Angeles office heading up the firm’s renewable energy efforts. Mr. Chester has a broad-based practice representing developers, sponsors, lenders, and investors. Mr. Chester has a particular focus on renewable energy, having been centrally involved in the development of the equity, debt, and capital markets for renewable energy projects and closing more than 70 wind and solar power projects throughout the United States.
Mr. Chester’s work on renewable energy finance transactions includes representing a broad range of participants in construction and term debt, backleverage, tax equity (partnership flips and sale leasebacks), private equity capital financings, mergers and acquisitions (including purchases and sales of projects, pipelines and companies), and international and strategic joint ventures. Additionally, Mr. Chester has worked on initial public offerings, commercial paper, medium-term notes, eurobond offerings, structured finance and credit enhancements, leveraged buyouts and other complex financial transactions.
On the renewable energy development side, Mr. Chester leads teams regularly involved in negotiating power purchase agreements, hedges and other off-take arrangements, turbine and solar panel supply agreements, EPC agreements, and addressing the full panoply of development issues including transmission and interconnect, real estate procurement and environmental issues.
Mr. Chester has been recognized in Chambers USA (2008-2015) as “a celebrated expert in renewables M&A” and “regarded as one of the top deal makers in California” who is “a great problem solver” and “very entrepreneurial and commercially oriented, with a firm grasp of both the law and what it takes to actually get a deal done.” He was also recognized by Legal Media Group Clean Technology & Renewable Energy 2013 on “The CleanTech 100,” a list of the top 100 practitioners of clean technology law across the finance and transactional, regulatory, intellectual property practice areas, and who colleagues refer to as “one of the best and most complete transactional attorneys out there.”
Since 2005, Mr. Chester has served as Chairman of Infocast’s Wind Power Finance & Investment Summit. The summit focuses on developments in wind power finance and the investment markets while providing industry leaders the opportunity to share their perspectives and network with project developers, lenders, investors, financial innovators and other industry players. Mr. Chester presents the “Chairman’s Wind Power Market Overview” and moderates the “Debt Market Outlook” panel at the summit each year. In addition to his participation in the summit, Mr. Chester is also a frequent speaker before trade associations, industry conferences, and professional seminars.
Mr. Chester is admitted to practice in California.
©1996-2018 Morrison & Foerster LLP. All rights reserved.