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Renewable Energy And The Resurgence Of Project Finance
The Editor interviews R. Thomas Hoffmann , Partner and Co-head of the Energy and Project
Finance Group, Ballard Spahr Andrews & Ingersoll, LLP.
Editor: Please describe your practice in Ballard Spahr’s Washington office.
Hoffmann: Our energy and project finance group is headquartered in our Washington, DC office with
seven of our ten offices actively participating in the group. We have a two pronged practice in Washington: a regulatory
practice that is focused on independent system operations of clients like the New England ISO as well as transmission
regulation nationwide; and a transactional group that is focused on project development and finance, representing
project developers, underwriters and lenders. The debt finance side is based in our Philadelphia office although the DC
office is very active in that practice as well. Our strategic focus today is on renewable energy, coal-fired projects, buying
and selling of existing electric assets and the whole regulatory area, such as the independent system operators. We
have 18 attorneys who are very active in the group and another 15 attorneys who are somewhat active.
Editor: The energy practice has changed considerably in the last few years from an emphasis on carbon-based fuels to
renewable energy. What has spurred the recent growth in renewable energy technologies? Are the changes likely to be
long-lived?
