Kelly Cataldo

Kelly's experience includes representing:

Sponsors

• Terra-Gen Power in connection with debt and tax equity financing of a solar and battery energy storage project in Kern County, CA, the largest solar plus storage project in the United States
• A leading Canadian independent power producer in connection with various transactions, including:
  • Debt and tax equity financing of the Phoebe Project, a 250 MW photovoltaic solar project located in Texas
  • Debt, cash equity, and tax equity financing of the Flat Top Wind Project, a 200 MW wind generation project located in Texas
  • Debt and tax equity financing of the Hillcrest Project, a 260 MW solar project located in Ohio
  • Debt and tax equity financing of the Griffin Project, a 225 MW wind project located in Texas
• The developer in the largest project financing of battery storage projects in the United States, which earned Project Finance International's 2020 Storage Deal of the Year award and IJGlobal's 2020 North American Battery Storage Deal of the Year
• Sponsor in developing and tax equity financing (i) a 236 MWAC solar photovoltaic electric generating facility located in Texas, and (ii) a 160 MWAC solar photovoltaic electric generating facility located in California
• Sponsor in tax equity financing in connection with the repowering of two wind Projects with an aggregate capacity of 140 MW located in Texas
• Sponsor in private placement and letter of credit facility in connection with a 100 MW wind project in Washington
• Ares EIF in debt and tax equity financing in connection with (i) the repowering of the Phoenix portfolio of three wind Projects with an aggregate capacity of 383 MW and located in Texas and (ii) the construction of the Aviator wind project with a capacity of 525 MW and located in Texas
• A leading oil and gas company in connection with the deployment, tax equity, and construction financing of a carbon capture facility designed to qualify for carbon sequestration tax credits
• Vivint Solar in the long term fixed-rate note financing in connection with a portfolio of 31,169 residential rooftop solar systems with a total generating capacity of 223 MW across 12 states
• Vivint Solar in the debt, tax equity, and cash equity financing of the Galileo portfolios of residential rooftop solar systems
• Sponsor in the bank and institutional debt financing of the Centinela Solar Energy Project, a 170 MW solar photovoltaic energy project in Imperial Valley, California*
• LS Power in connection with the debt financing of its US$550 million, 127 MW Arlington Valley Solar Energy II Project, a crystalline silicon photovoltaic solar project located near Arlington, Arizona*

Investors, Lenders & Noteholders

• A consortium of lenders on the financing of Vineyard Wind, the first commercial-scale, 800 MW offshore wind farm in the United States
• Tenaska Lotus Holdings as tax equity investor in connection with the project financing of a 51 MW solar project located in Madera County, California
• Noteholders, Issuing Banks, and Lenders in the private placement offering of US$500 million of senior secured notes and a letter of credit facility; the offering was awarded Project Bond Deal of the Year for 2019 by Power Finance & Risk
• Lenders in connection with the back-leverage financing of an interest in a portfolio of wind and solar projects owned by NextEra and KKR; this financing was awarded Power Deal of the Year for 2019 by Project Finance International
• Mezzanine lenders in connection with the financing of the 210 MW Cerro Dominador project located in Chile
• Cash equity investor in the debt, tax equity and cash equity financing of multiple portfolios of residential rooftop solar systems in joint ventures with various sponsors
• Lenders in connection with back-levered financing for the Caithness Shepherds Flat Wind Project, an 845 MW wind farm in Oregon
• Lenders in refinancing a portfolio of wind projects located in Colorado and Wyoming with an aggregate capacity of 291 MW
• Senior lenders to the Los Vientos I and II wind projects, which are two wind farms developed by affiliates of Duke Energy with an aggregate capacity of 402 MW*
• Lenders in financing a 480 MW gas-fired, simple-cycle combustion turbine generating facility located in California*
• Lenders in the construction loan financing of a 150 MW wind project in Michigan*
• Inter-American Development Bank in connection with the long-term refinancing of the 50 MW Jacinta Solar photovoltaic solar power station located in Salto, Uruguay*
• Lenders in the US$92 million financing of the Vientos de Pastorale wind project located in Flores, Uruguay*
• GE Energy Financial Services, Inc. and Union Bank N.A. in the acquisition of an equity interest in the 161 MW Spinning Spur Two Wind Farm in Texas from EDF Renewable Development, Inc.*
• Tax equity investors in a partnership flip financing for a 175 MW wind project in Illinois*
• PNC Energy Capital, LLC, as tax equity investor, in various sale/leaseback transactions of rooftop and ground-mounted solar photovoltaic systems located in Arizona, California, Colorado, Connecticut, New Jersey, New Mexico, and New York*

*Matters handled prior to joining Latham

Kelly has been:

• Recognized as a Rising Star by the New York Law Journal 2022
• Recognized as Next Generation Partner – Finance: Project Finance by The Legal 500 US 2022
• Recognized as a Rising Star by Law360 2022
• Recognized as a Rising Energy Lawyer by Bloomberg Law 2022