Henry T Scott
USA Guide 2024
Band 4 : Projects: Renewables & Alternative Energy
Email address
[email protected]Contact number
424.386.4378Share profile
Band 4
About
Provided by Henry T Scott
Practice Areas
Henry T. Scott is a partner in the Los Angeles office of Milbank LLP and a member of the firm's Global Project, Energy and Infrastructure Finance Group.
Mr. Scott’s practice focuses on corporate, transactional and energy law. His core specialty is the representation of debt and equity financing parties in complex North American renewable energy transactions, especially those involving investment and production tax credits and the federal loan guarantee program. He has also been involved in transactions involving geothermal generation projects, coal gasification facilities, and onshore LNG terminals, as well as rail and road public-private partnership (PPP) infrastructure projects. He regularly advises buyers and sellers in the acquisitions, workouts, and dispositions of energy and infrastructure assets, and structuring transactions more broadly in energy transition related businesses, including battery storage, electric vehicles, and renewable fuels.
In addition, Mr. Scott has experience representing clients involved in the space, communications, and transportation sectors, and has represented clients in connection with the financing of aviation, satellite, and other space-related assets.
Mr. Scott is ranked by Chambers in the Chambers USA Guide 2022 (Projects: Renewables & Alternative Energy - USA - Nationwide) and recognized by Legal 500 (Energy: Renewable/Alternative Power). He was also recently named the Energy Project Development Lawyer of the Year in California - 2022 by INTL Magazine in their Global Awards series, and was recognized as a Rising Star in Project, Energy, and Infrastructure Finance by Euromoney in the 2021 Rising Stars Expert Guide. He earned his J.D., cum laude, from Georgetown University Law Center, where he was the Editor-in-Chief of the Georgetown Journal of Law & Public Policy and received his B.A., summa cum laude, from the University of Notre Dame, where he was elected Phi Beta Kappa.
Mr. Scott co-authored the United States chapters of the first and second editions of The Renewable Energy Law Review, and the United States chapter of numerous editions of the Projects and Construction Review, published by Law Business Research Ltd.
Experience
Mr. Scott’s representative transactions include the representation of:
• The lenders in connection with a $925 million structured renewable energy transaction for Eolian, L.P., a portfolio company of Global Infrastructure Partners.
• Tax equity investors, in providing a financing commitment for 11 utility scale renewable energy projects to be located in Kansas, Oklahoma, Texas, South Dakota and Virginia
• The lenders, including Development Finance Corporation, formerly known as the Overseas Private Investment Corporation (OPIC), in connection with the financing for the Rumichaca-Pasto 4G Toll Road Project in Colombia
• The tax equity investors in connection with the $1.76 billion financing for the Western Spirit wind and portfolio project in New Mexico
• The lenders in connection with a $475 million bridge loan financing supporting the acquisition of a portfolio of 320 MWs of distributed generation renewable energy assets by TerraForm from AltaGas
• A club of tax equity investors in an approximately $350 million investment in a portfolio of wind projects located in Texas and New York
• The tax equity investors in connection with a tax equity investment in the Deepwater Wind Block Island Wind Farm, the first offshore wind project in North America
• The tax equity investor in a leveraged partnership flip investment in the Crescent Dunes solar energy project, involving a federal loan guarantee
• A private equity buyer in connection with the acquisition of a portfolio of 23 operating renewable energy assets with a combined nameplate capacity of 973 MW
• A tax equity investor in the tax equity financing of a 99 MW wind project in California and a 74 MW wind project in Oklahoma
• A tax equity investor in its $145 million investment in a solar project in California
• A US satellite communications provider in connection with the US. Ex-Im Bank financing of next-generation high-capacity satellite
• A US satellite manufacturer in a strategic partnership with a satellite operator
• A tax equity investor in the disposition of ownership interests in wind energy facilities
• A solar developer in the strategic disposition of six solar projects to a large US utility
• A sponsor equity group in connection with a bid for the Denver FastTracks PPP project
• The sponsor in connection with the project financing of the $1.9 billion Solana Power Project in Arizona
• The investor club in connection with the lease financing of Catalina Solar project and the Pacific Wind project
• The tax equity investor in connection with the lease financing of wind facilities in Minnesota
• The lenders in connection with the financing of the Avenal solar utility-scale PV project in California.
Chambers Review
USA
Henry Scott regularly represents his lender clients in the financing of projects in the renewable energy sector. He has experience across solar, wind and battery storage assets.