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Paul Hastings LLP

875 15TH STREET, NW, WASHINGTON DC 20005, USA
Tel:
Work +1 202 551 1700
Fax:
Fax +1 202 551 1705
Email:
Web:
www.paulhastings.com
Atlanta, Beijing, Brussels, Chicago, Costa Mesa, Frankfurt and 15 more

William DeGrandis

Tel:
Work (202) 551-1720
Email:
Paul Hastings LLP

Work Department

Corporate Department/ Global Projects Group

Position

William DeGrandis is a partner in the Corporate practice of Paul Hastings and is based in the firm’s Washington, D.C., office. He has over 30 years experience in the energy regulatory and transactions area and has represented clients before both state and federal regulatory commissions in power supply, transmission, merchant plant, merger, ratemaking, cogeneration, hydroelectric, utility holding company and related matters. He is actively involved in advising clients on regulatory and transactional matters relating to restructuring and open access transmission matters, including Regional Transmission Organization and Exempt Wholesale Generator issues. He has negotiated electric power purchase/sale, interchange, transmission, energy swap, operating, and project development agreements. He has represented renewable energy (including solar, wind, hydro and biomass) clients with regard to interconnection, transmission, power sale, and other related arrangements.

Languages

English and Latin (studied for five years).

Member

Mr. DeGrandis is a member of the District of Columbia and American Bar Associations, and is a member of the Energy/Natural Resources and Public Utility Sections, respectively. He has served as a member of the Board of Directors of the Energy Bar Association (EBA), and also served as a member and Chairman of the EBA Pro Bono Committee. He has previously served as Chairman and Vice Chairman of the Electric Utility Regulation Committee of the EBA. He has been named by Chambers USA, and by SuperLawyers as an outstanding energy lawyer.

Education

Mr. DeGrandis majored in Political Science and received his B.A. degree, with highest honors, in 1977 from Pennsylvania State University, and his J.D. degree in 1980 from the University of California at Los Angeles Law School (UCLA). He served as a staff member and a comments editor on the UCLA Law Review.

Leisure

Golf, running, travelling with wife Monica, attending concerts and plays.


United States: Finance

Project finance

Within: Project finance

Commended for its ‘drafting skills, responsiveness and depth of project finance knowledge’, Paul Hastings LLP’s ‘excellent, efficient’ department is headed by the New York-based Robert Kartheiser, who regularly handles Latin American infrastructure project finance. The team acted for Acciona Energy North America on the purchase and sale of various US wind farms; the Washington DC-based William DeGrandis acted for Yahoo! Energy on a wind hedging agreement with Own Energy for Yahoo!’s data centre in Kansas, and advised it on the purchase of solar generation assets for its headquarters in Sunnyvale, California. On the lender side, the practice assisted KeyBank National Association with various construction financings and term loan financings relating to solar power projects throughout the US. The department is also active on the oil and gas side: John Cobb and Sanjay Thapar advised Morgan Stanley Senior Funding and BMO Capital Markets as lead arrangers and bookrunners on the $1.1bn financing of ArcLight Energy Partners’ acquisition of Gulf Oil from Cumberland Farms. On the cross-border front, the practice advised York Capital Management on a construction loan for a solar power facility being developed in the Caribbean by one of the fund’s subsidiaries.

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United States: Industry focus

Energy regulatory: conventional power

Within: Energy regulatory: conventional power

Contentious and commercial regulatory work are the cornerstones of Paul Hastings LLP’s regulatory practice, which is led by Washington DC partner William DeGrandis. Areas of expertise include FERC applications, as well as FERC and CFTC investigation and enforcement proceedings. DeGrandis advised start-up energy storage company GlidePath on a number of federal and state regulatory interconnection and transmission matters. He also assisted East River Electric Power, Corn Belt Power and Northwest Iowa Power with their FERC applications to become full transmission owner members of the Southwest Power Pool (SPP). Notably, Kevin Poloncarz represented a coalition of major power companies, including Pacific Gas and Electric and Southern California Edison, in litigation challenging the EPA’s Clean Power Plan and related new source standards.

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Energy: renewable/alternative

Within: Energy: renewable/alternative

Paul Hastings LLP’s ‘responsive, practical, efficient and experienced’ team has ‘exceptional industry knowledge’; it assists clients with project development, project finance, PPAs and regulatory litigation. In Washington DC, William DeGrandis and Stephen Kinnaird defended Midland Power Cooperative before the FERC regarding the client’s obligations under the Public Utilities Regulatory Policies Act. San Francisco’s Peter Weiner heads the practice.

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