Durham McCormick > McGuireWoods LLP > Houston, United States > Lawyer Profile

McGuireWoods LLP
JPMORGAN CHASE TOWER
600 TRAVIS STREET, SUITE 7500
HOUSTON, TX 77002-2906
TEXAS
United States

Career

Durham serves as co-lead of our renewable energy team. He focuses his practice on tax structuring for renewable energy transactions, with a particular emphasis on production tax credits (PTC), investment tax credits (ITC) and Section 1603 Treasury Grants.

Durham’s renewable energy experience includes project developments, joint ownership arrangements, power purchase agreements, transmission agreements, turbine supply agreements, balance of plant contracts, financings, acquisitions, divestures and operational matters. He also has significant experience representing clients with their mergers and acquisitions, finance ventures, capital raises and general governance.

Over the course of his career, Durham has represented wind, solar and geothermal project developers, consumer-owned utilities, borrowers, real estate developers, and buyers and sellers of businesses in deals aggregating well over 5,000 MWs. He also regularly writes and speaks on tax equity trends impacting the renewable energy industry.

Durham is licensed to practice in Texas, Washington and Oregon. He is also admitted to practice in U.S. Tax Court. Durham has a master’s of law in taxation from Georgetown University Law Center.

Lawyer Rankings

United States > Finance > Project finance

McGuireWoods LLP has a strong presence in transactions in the energy sector, advising clients including financial institutions, developers, and private equity and infrastructure funds involved in the financing and development of projects in solar and wind in particular. Baltimore-based energy industry team lead Brian Kelly  has broad M&A experience, while Brennen Keene in Richmond and Durham McCormick in Houston co-head the renewables team. Other key practitioners include transactional partners Timothy Callahan  and Evelyn Kim, who are based in Chicago and San Francisco, respectively.

United States > Energy > Renewable/alternative power

Utilities and infrastructure funds in particular flock to McGuireWoods LLP multidisciplinary team for assistance on major transactions in the renewables space, including joint ventures, acquisitions, and the purchase, development, and sale of assets including solar and wind generation facilities. The firm is especially active in the Southeast, with M&A and energy transactional chair Michael Woodard and renewable energy sector co-chair Breenen Keene, both based in Richmond and noted for their expertise in the range of transactional work, as well as real estate and land-use guidance, respectively. The team, with Woodward as lead counsel, recently represented Dominion Energy on contracts with a value of approximately $7bn to construct the Coastal Virgina Offshore Wind project. Renewable energy sector co-chair Durham McCormick in Houston has a strong focus on tax structuring, while Timothy Callahan in Chicago is a key contact for energy-sector M&A.