164694_bioimage

Richard M. Cogen



Richard Cogen represents project sponsors, investors and lenders with respect to the development, financing, permitting, acquisition and sale of energy, renewable energy and solid waste projects. He is the former chair of the firm’s Energy and Environmental practice group, and currently co-chairs the firm’s Energy and Infrastructure Projects Team. Rich joined Nixon Peabody in 1979.

What do you focus on?

I work closely with clients to develop, finance, buy and sell energy and solid waste projects. Much of my practice involves working with senior management on complex projects and financings. I have recently assisted clients in acquiring and financing over two billion dollars’ worth of solar energy projects and in developing large fossil fuel and wind electric generating facilities and electric transmission projects. Clients value my ability to understand and keep sight of the big picture, while getting the details lined up in a way that helps them to achieve their objectives.

Project experience

  • Representation of sponsor in connection with $300 million residential solar system acquisition and finance program involving systems located in California, Arizona, and Colorado, including project-level debt.
  • Representation of sponsor in connection with $500 million residential solar system acquisition and finance program involving systems located in California and Hawaii, including project-level debt.
  • Representation of major financial institution’s principal investing group in connection with the acquisition, construction, and financing of multiple utility and commercial scale solar energy projects in Nevada, California, Georgia, New Jersey, and the Caribbean.
  • Representation of equity investor in the acquisition and financing of a municipal solid waste-to-energy facility in the Southern U.S.
  • Representation of the developer in the development and financing of a municipal solid waste-to-energy facility in the Caribbean
  • Representation of project sponsor in $30 million holding company loan to provide permanent financing for community net metered solar energy projects
  • Representation of project sponsor in $10 million of project-level loans to provide permanent financing for community net metered solar energy projects
  • Representation of international energy company in the formation and implementation of two joint development companies (with a community solar energy developer) for the development, acquisition, and financing of community net metered solar energy projects across the United States
  • Representation of take-out buyer in the acquisition of two portfolios of solar energy projects in Massachusetts
  • Representation of take-out buyer in the acquisition of a portfolio of solar energy projects in Minnesota
  • Representation of project sponsor in the tax equity financing of a 16 MW portfolio of community solar projects in Minnesota
  • Representation of project sponsor in sale-leaseback financing for portfolio of seventeen community solar projects in Massachusetts
  • Representation of investor in sale-leaseback financing of $75 million portfolio of solar energy projects in the Northeast and Mid-Atlantic regions
  • Representation of project sponsor in the tax equity and project level debt financing of a portfolio of solar energy projects in the Mid-Atlantic region
  • Representation of a State green bank in the debt financing of a portfolio of energy efficiency projects
  • Representation of lender in connection with financing of a portfolio of $43MM of solar projects located in California, providing power to government institutions and utilizing a lease pass-through structure.
  • Representation of project sponsor in connection with the development and financing of utility scale solar energy projects totaling up to 100 MW in California.
  • Representation of the project sponsor in connection with the development, financing, acquisition, and disposition of four utility scale solar energy projects in Puerto Rico.
  • Representation of solar energy developer in the debt financing and EPC contract for a 16 MW solar energy project in New Jersey.
  • Representation of affiliates of Morgan Stanley in the permanent debt and equity financing of three portfolios of residential solar energy facilities totaling over $200 million.
  • Representation of affiliates of a major investment bank with respect to a $100 million warehouse loan facility to support the acquisition and debt financing of four portfolios of residential solar energy facilities totaling over $200 million in value.
  • Representation of affiliates of a major investment bank in the permanent debt and equity financing of a 20 MW solar energy generating facility.
  • Representation of the project sponsor in the $21 million permanent debt financing of a portfolio of operating solar energy generating facilities located in the western and mountain states.
  • Representation of major investment bank with respect to its tax credit equity investment in two significant wind project portfolios (totaling over 700 MW) involving projects in seven states.
  • Representation of SunPower in acquisition of development pipeline of approximately 1,000 MW of late-stage and early-stage utility-scale and DG solar energy projects
  • Representation of private equity fund in the bidding and due diligence process for acquisition of a controlling equity investment in a wind energy development company with a pipeline of approximately 45 projects in more than a dozen states
  • Representation of wind energy developer in the sale of a pipeline of wind energy projects under development in Texas and Oklahoma
  • Representation of Babcock & Brown in the acquisition of the Cross-Sound Cable and the related debt financing.

Trump turmoil tempers law firm business forecasts

New York Law Journal | May 22, 2017

Albany energy and environmental partner Rich Cogen provides commentary in this article about how political developments under the Trump administration have affected the legal industry and certain practice areas.

Contact

Richard M. Cogen

Partner
Co-leader, Energy and Infrastructure Projects Team

New York

Phone: 212-493-6639

Albany

Phone: 518-427-2665


Fax: 866-947-1278

Cornell Law School, J.D.

University of Rochester, B.A., cum laude

New York

U.S. District Court, Northern District of New York

U.S. District Court, Western District of New York

U.S. Court of Appeals, District of Columbia Circuit

  • Included among the top 100 lawyers in the wind field by A Word About Wind’s 2018 “Legal Power List.”
  • Recognized for exceptional standing in the legal community in Chambers USA: America’s Leading Lawyers for Business 2018 for Energy: State Regulatory & Wholesale Electric Market (New York). He has also been recognized in Chambers in previous years.
  • Listed in The Best Lawyers in America© since 2008. He was named the Best Lawyers® 2016 Environmental Law “Lawyer of the Year” in Albany.
  • Received an AV Preeminent® Peer Review Rating™ from Martindale Hubbell®, the highest possible rating for ethics and legal ability.
  • Alliance for Clean Energy New York, Counsel to the Board of Directors
  • American Wind Energy Association, represents the firm as a member of the Legislative, Transmission, and Siting committees
  • New York State Bar Association (Member, Environmental and Municipal Law sections, Administrative Law Committee; past member of Executive Committee of Environmental Law Section)
  • American Bar Association (Member, Section on Natural Resources, Energy and Environmental Law)
  • Institute for Environmental Auditing (Past member of Board of Directors)
  • New York Association for Solid Waste Management
  • Air & Waste Management Association (Past vice-chair, Environmental Auditing Committee; Past chair, Legal Committee)
Back to top