Overview
Lloyd J. MacNeil represents developers, sponsors, investors and lenders of capital and infrastructure projects. His principal focus is on renewable energy and emerging energy technologies, where he has been a leading advisor since the emergence of wind energy as a competitor to fossil fuels as an energy source. He advises clients throughout the arc of development, construction, operation, financing, and purchase and sale. He also advises commercial and industrial clients on energy portfolio services and energy efficiency solutions.
Prior to joining McDermott, Lloyd served as general counsel for Edison Energy, a portfolio of energy companies held by Edison International. He has more than 20 years of legal counsel experience in the senior project finance, corporate and commercial arenas.
Results
- Represented a Canadian renewable energy sponsor and developer in the development and financing of a portfolio of repower wind projects located in New York
- Represented a solar developer in the acquisition and development of a series of solar portfolios located in Illinois, Texas, Colorado and California
- Represented a renewable energy developer in the acquisition and sale of wind and transmission assets located in California and Arizona
- Represented a developer in the acquisition of three utility-scale solar facilities in Texas
- Represented a Canadian sponsor and developer in the acquisition, development and financing of a 210 MW wind energy facility in Texas
- Represented a solar developer in the negotiation of power purchase agreements with corporate off-taker totaling 525 MW
- Oversaw Edison Energy’s acquisitions of a portfolio of energy services companies, the sale of a water infrastructure subsidiary and the sale of a solar energy subsidiary*
- Represented a developer and sponsor in the development, financing and sale of a multi-phase utility scale solar photovoltaic project in San Antonio, Texas – at the time the largest municipal utility solar project in the United States. Financings consisted of commercial bank loans, government-funded bank financings and tax equity investments. Ancillary transactions included construction financing for a photovoltaic panel manufacturing facility in San Antonio*
- Represented a developer and sponsor on the refinancing of a biomass-fired power facility in California*
- Represented a developer and sponsor in the acquisition, development and financing of a multi-phase wind energy project in California. Financings included equipment financing, construction financing and a sale-leaseback financing for the first phase of the project, as well as a portfolio financing for the next four project phases (including a Rule 144A bond offering, a bank cash grant bridge facility and a forward commitment for a sale-leaseback), making it the first large portfolio of wind projects to use a leveraged lease finance structure in the United States*
*Matter handled prior to joining McDermott.
Recognitions
- The Legal 500 US, Recommended, 2021-2023
- IFLR1000, Project Development, 2023
Credentials
Education
Dalhousie University, JD, 1994
Dalhousie University, BS, 1990
Admissions
California
