Timothy Moran > DLA Piper LLP (US) > Washington DC, United States > Lawyer Profile

DLA Piper LLP (US)
500 EIGHTH STREET, NW
WASHINGTON, DC 20004
DISTRICT OF COLUMBIA
United States

Work Department

Finance; Projects, Energy and Infrastructure; Energy and Natural Resources

Position

Partner; US Co-Chair, Projects and Infrastructure; US Chair, Renewable Energy; US Chair, Energy M&A

Career

Timothy Moran leads DLA Piper’s Global Project Finance Team and serves as the US Chair of Energy Mergers & Acquisitions, as well as the US Chair of Renewable Energy. Though based in Washington, D.C. and primarily focused on North American markets, Mr. Moran spends substantial amounts of time in New York, the UK/Western Europe and offices focused on delivering services to clients throughout Latin America, Asia and the Middle East.

As the Head of the Global Project Finance Team, Mr. Moran has been charged with building and coordinating a team that is now more than 100 partners globally. The Global Project Finance Team is comprised not only of Project Finance, Energy and Energy M&A Attorneys but also attorneys in the Corporate, Capital Markets, Derivatives, Restructuring, Real Estate, Tax and Environmental groups whose practices naturally and routinely cross into the energy and infrastructure space. The primary and ongoing goal of the Team is to integrate the Firm’s global resources and expertise to deliver a broader range of coordinated services to the Firm’s global clients.

As the Firm’s US Head of Renewable Energy, Mr. Moran leads and coordinates the Firm’s considerable US assets in the renewable sector. Mr. Moran brings to this role his own experience of having represented clients in the development and/or financing of US renewable energy projects with an aggregate value in excess of $70 billion dollars. These projects stretch across 40 of 50 states and include utility scale solar, residential solar portfolios, utility scale onshore wind, utility scale offshore wind, biomass, energy storage (battery) projects, microgrid and inside-the-fence transactions. This experience is the result of work on behalf of developers, commercial lenders, private equity and tax equity providers.

As the Firm’s US Head of Energy Mergers & Acquisitions, Mr. Moran has and continues to lead clients in the purchase or sale of power and mid-stream oil and gas assets with an estimated aggregate value in excess of $32 billion. These projects/assets include the purchase or sale of (i) all or substantially all of the economic interests in portfolios of wind projects, (ii) all or substantially all of the economic interests in portfolios of solar projects, (iii) numerous gas-fired generation projects (operating or in development); (iv) numerous mid-stream oil and gas assets, (v) a number of existing or proposed energy storage projects, and (vi) both energy parent companies and holding companies. Mr. Moran’s clients include not only US-based parties pursuing either the purchase or sale of US-based assets, but also (a) Asia-based companies – including state owned entities – in the purchase of US and non-US assets, (b) Canadian and European-based companies in the purchase of US and non-US assets, and (c) US and non-US lenders in the acquisition financing of all-of-the-above.

Mr. Moran focuses on the development, financing, acquisition and/or sale of (i) solar projects/portfolios; (ii) wind projects/portfolios (both on- and offshore); (iii) gas-fired generation; (iv) energy storage (battery) projects; and (v) mid-stream oil and gas projects. His representations over the past 25+ years have included working on behalf of sponsors, lenders, private equity and tax equity. Mr. Moran regularly represents his clients in the structuring of complex financial transactions and/or in resolving unique challenges. In addition to his significant experience in the drafting and negotiating of all sponsor-side development documents (including EPC arrangements, Purchase and Supply arrangements, Operating and Maintenance arrangements and overall/turnkey-style development arrangements), Mr. Moran: structures and negotiates all styles of financing arrangements, including construction and term loan financings, private placements, tax-based equity investments, letter of credit facilities, revolving credit facilities and intercreditor facilities; and represents clients in all aspects of the various manners in which projects, portfolios of projects and holding and parent companies transact and consummate purchases and sales.

Education

J.D., University of Virginia School of Law; B.A., University of Virginia