Greenberg Traurig’s Energy & Natural Resources Practice Adds John Eliason as Global Co-Head of Energy Project Finance | BCGSearch.com

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Greenberg Traurig’s Energy & Natural Resources Practice Adds John Eliason as Global Co-Head of Energy Project Finance

06/01/2021
 
Greenberg Traurig’s Energy & Natural Resources Practice Adds John Eliason as Global Co-Head of Energy Project Finance

John Eliason has joined the Energy & Natural Resources Practice of law firm Greenberg Traurig, LLP as Global Co-Head of the firm’s Energy Project Finance Practice in its Washington D.C. office. Eliason joins from Foley & Lardner, LLP where he served as co-chair of Foley’s Energy Industry Team.
 
“John Eliason is a force in renewable energy and brings to us an elite background with a strategy-driven approach to a growing industry sector. With his addition, we further enhance our growth in an emerging area of practice and globally elevate our excellence and value propositions. We are excited to welcome John to the GT family,” said Richard A. Rosenbaum, Greenberg Traurig’s Executive Chairman.
 
Eliason has extensive experience handling tax equity matters in the renewable energy sector and regularly represents major financial institutions, wind developers, and solar developers throughout the United States, as well as foreign infrastructure funds investing in both projects and operating portfolios. Current representations include working with a leading financial institution in connection with a tax equity investment in a 250 MW portfolio of solar projects in the Northeastern U.S., and representing a leading developer/sponsor in a $150 million tax equity “partnership flip” transaction. He recently closed a tax equity transaction involving a 400 MW wind repowering for a global energy company.
 
“As the industry matures, we are seeing more and more foreign investors looking for renewable opportunities in the United States. Greenberg Traurig’s global platform and robust energy practice is prepared to meet the challenges faced by seasoned and new stakeholders alike. I look forward to utilizing Greenberg Traurig’s resources worldwide and prowess in Washington, D.C.,” Eliason said. “I’m also excited to note that Greenberg Traurig is the first major law firm to be certified through the Green-e® Energy program, highlighting its commitment to sustainability and understanding the crucial role that law firms play in clients’ corporate supply chain.”
 
“John’s extensive breadth of experience, particularly being a nationally known tax equity leader, further adds depth and star power to our global energy team and in the services we offer clients,” said Jeff Chester, the firm’s Global Co-Head of Energy Project Finance. “Plus, recent changes in the U.S. administration have intensified interest in renewables, and John’s addition demonstrates Greenberg Traurig’s commitment to meet the growing demands of clients in this rapidly emerging field.”
 
“A nationally recognized player in the legal field, John brings with him a truly impressive reputation. Tax equity serves as the primary source of financing for renewable energy projects and our clients will benefit from his knowledge,” said Ernest L. Greer, firm Co-President and Chair of the Washington, D. C. office, and Pamela J. Marple, office Administrative Shareholder and member of the firm’s global Litigation Practice, in a joint statement.
 
Eliason advises tax equity investors, lenders, developers, and sponsors in the renewable energy space—particularly those relating to wind, solar, biomass, and other emerging technologies—with structuring and closing transactions that rely on federal and state tax incentives, like the Federal production tax credit (PTC), energy investment tax credit (ITC) and accelerated depreciation (MACRS and “bonus”). He also represents clients in front of the Department of Treasury and the Internal Revenue Service, as such, he notes that Greenberg Traurig’s presence in Washington, D.C. and global platform are important to his practice.
 
Eliason received his LL.M. in taxation from New York University School of Law; his J.D. from Washington and Lee University School of Law; and his B.A. in Economics at The University of Texas at Austin. He is admitted to practice in the District of Columbia, New York, and Texas. He is a frequent author on topics relating to energy. Eliason is ranked by Chambers and Partners Global and USA in Projects: Renewables & Alternative Energy (2018 - 2021). He also has been recognized by The Legal 500 in the Project Finance and Energy: Renewable/Alternative category.

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