Renewable Energy M&A: Deal Structures, Key Issues, and Diligence Considerations

Mr. Bobovich has been working on energy transactions for over a decade, with particular experience in renewables. During this time, he has negotiated all manner of project contracts, including M&A transactions, power purchase agreements, hedges, construction and procurement, interconnection and transmission, and operations and maintenance. Recently, he negotiated several turnkey build transfers.

Ms. Diffen is a partner based in Norton Rose Fulbright's Austin office. She focuses her practice on mergers and acquisitions, joint ventures, and project development of renewable energy, energy storage, power generation and transmission projects - including wind, solar, battery storage, green hydrogen, carbon capture, geothermal, waste-to-energy, RNG and other technologies. Ms. Diffen also has experience advising clients on Texas regulatory law. She has over 20 years of experience in the renewable energy industry and previously worked as a utility-scale wind power developer. Ms. Diffen has been recognized annually by Chambers Global and Chambers USA, was honored as a 2021 Law 360 Project Finance MVP, and in 2019 was named the C3E Law and Finance award winner by the U.S. Department of Energy. She is a co‑author of Wind & Solar Law, a legal treatise and textbook published by LexisNexis, which recently released the third edition in June 2024. 

Mr. Hoeppner is a member of Invenergy’s in-house legal team focusing on commercial transactions, including M&A, offtake, construction and procurement, interconnection and transmission, O&M and other service contracts, joint ventures and joint development arrangements and, a variety of other commercial matters. Prior to joining Invenergy, Mr. Hoeppner was an associate at a large, international law firm where he focused on a variety of financings and other transactional matters.

Mr. Lynch is a member of the firm’s Project Finance & Development practice group. He represents developers, commercial users, energy marketers, investors, financial institutions, utilities and other market participants in a wide range of energy transactions. Mr. Lynch’s practice encompasses project finance and development, energy marketing and trading, renewable energy, and M&As. He has advised clients in conventional and renewable energy projects related to solar, wind, biomass, electricity, natural gas, coal, renewable energy credits, biofuels, weather, and carbon capture and sequestration.