Dirk Michels

Partner

michelsd@ballardspahr.com
Tel 424.204.4384
Fax 424.204.4350
Los Angeles

Dirk Michels is one of the leading energy technology and renewable energy attorneys in California. He represents energy technology and renewable energy companies, as well as investors, developers, lenders, and equipment vendors, in developing and financing solar, biomass, wind, thermal, transmission, storage, smart grid, and other energy projects in corporate, M&A, energy project development and financing, debt and equity financings, tax equity financings, joint ventures, and other strategic alliances within the United States and abroad.

During a 20-year career practicing law in California and Germany, he has advised publicly traded and privately held clients in venture funding, private equity, mergers and acquisitions, and project financing transactions worth billions of dollars. A recognized leader in the domestic distributed solar energy industry, Dirk has been at the forefront of representing solar, wind, and energy storage projects involving collaboration between U.S., German, and Canadian companies.

Professional Activities

Co-Chair, National Renewable Energy Lab's Solar Access to Public Capital Committee's Contract Standardization Subcommittee

General Counsel, Solar Energy Finance Association

American Bar Association, International Section

Council of the Bars and Law Societies of the European Community

German-American Business Association

Recognition & Accomplishments

Global Law Experts - Renewable Energy Sector Attorney of the Year (California), 2019

The Legal 500 US    - Project Finance, 2019

                             - Renewable/Alternative, 2016-2017

Daily Journal           - Top 25 Clean Technology Lawyers in California, 2011

Publications

Co-author, "Securitisation as a Means to Finance Distributed Solar Projects," Financier Worldwide, February 2013

"Solar as an Asset Class: It’s about More than Technology," InterPV.net, 2011

Co-author, "Innovation in Tax Credit Structuring for Solar Energy Projects," Energy and Environmental Project Finance Law and Taxation, Oxford University Press, 2010

Speaking Engagements

Dirk is a frequent speaker on topics relating to project financing, corporate financing, mergers and acquisitions, and international business transactions. His recent presentations include:

"Update on CAISO EIM Expansion and Regionalization Efforts," Transmission Summit West Webinar

"Mountain West Renewables Policy and Regulatory Landscape," Mountain West Renewables Summit, Scottsdale, AZ

"Full Stack Lending–Pre-NTP, Back Leverage, Construction, Permanent, Securitization," Novogradac Financing Renewable Energy Tax Credits Conference 2019, San Francisco, CA

"Financing Outlook for 2019 and Beyond," Infocast: Solar Power Finance & Investment Summit, San Diego, CA

"Where's the Leverage? Financing Storage Projects," Greentech Media - Energy Storage Summit 2018, San Francisco, CA

"Florida-Emergence of Large Solar & Storage Projects and Opening for Resi Development," Southeast Renewable Energy, Atlanta, GA

"Partnering & Investing on the Convergence of Mobility, Artificial Intelligence, Energy Storage & Renewable Energies," Automotive Partnering Summit, San Diego, CA

"PPAs and Financial Products-Issues, Innovations and Financing Ramifications," Novogradac 2018 Financing Renewable Energy Tax Credits Conference, San Francisco, CA

"Behind-the-Meter Storage Financing - Struggles & Success," Greentech Media - U.S. Energy Storage Summit 2017, San Francisco, CA

"The Cost of Capital Outlook," Greentech Media Solar Summit 2017, Phoenix, AZ 

"Cost of Installation-Where are Costs Going in the Future?" Infocast: Solar Power Finance & Investment Summit 2017," San Diego, CA

"Financing Shorter-Term PPAs," 2016 Information Forecast, Inc.: Utility Scale Solar," San Diego, CA

Board Memberships

Founding board member, German-American Business Association of California

University of San Diego School of Law (LL.M. 1996)

University of Hamburg School of Law (J.D. 1988)

University of Hamburg (B.S. 1986)

Languages

French

German

California

Germany