Patrick R. Gillard is a partner in the Business and Finance and Public Finance Departments and a member of the Energy and Project Finance, Tax Credits, Transactional Finance, and P3/Infrastructure Groups. His practice is concentrated in the areas of public utility law, energy regulation, and corporate and project finance.
Mr. Gillard has a sophisticated utility finance practice, with extensive experience in negotiating public and private debt agreements within the context of both complex capitalization structures and M&A transactions, and an in-depth understanding of the wholesale energy markets, including derivative products. He is currently involved in numerous aspects of the DOE's loan guarantee and grant program, which is an integral part of the American Recovery and Reinvestment Act.
Mr. Gillard is regularly involved in transactions involving the development, financing, and acquisition of electric power assets, including solar, wind, and other types of renewable generating facilities. He also advises large industrial and corporate energy retail customers in connection with the negotiation of terms of power purchase agreements, competitive generation supply agreements, and renewable energy credit trading arrangements. In addition, he counsels participants in the energy industry on federal and state energy legislative and regulatory matters, including wholesale energy market regulation, state renewable energy portfolio standards, and public utility financing authorizations.
Mr. Gillard also represents corporate clients, underwriters, and investors in financial transactions, including public offerings, registered and private debt financings, tax-exempt bond financings, private investments in public equities (PIPEs), and asset securitizations.