Ron I. Erlichman

Power – Renewables

• Sponsor in connection with the acquisition, development and financing, including back-leverage debt, tax equity and hedging, of an approximately 300 MW solar power generation facility in ERCOT near Houston, Texas.
• Lenders in connection with the construction loan and post-construction senior secured letter of credit facility for an approximately 200 MW wind power generation facility in ERCOT near the panhandle containing both an energy and basis hedge.
• Sponsor in connection with the sale of the project company owning an approximately 255 MW solar power generation facility under development in ERCOT in West Texas.
• Lender in connection with the bridge construction loan for the second largest solar project in NYISO located on a former public golf course in Long Island, New York. 
• Unregulated subsidiary of one of the country’s largest public utilities in the acquisition of four wind power generation facilities located in the Southern United States totaling US$1.5 billion in acquisition cost and approximately 832 MW of generation capacity.
• E&P Company in connection with the development of a wind power generation facility in West Texas, including tax equity structuring, on such company’s oil field property.
• Lender in connection with the financing of a portfolio of roof-top solar installations for Just Energy Group Inc.’s subsidiary, Hudson Solar.

Power – Thermal

• Sponsor in a bespoke project financing for the construction and operation of a portfolio of distributed microgrids consisting of ultra-clean natural gas-fired generators in ERCOT with up to 232 MW of generating capacity.
• Sponsor and South Field Energy LLC in the approximately US$1.3 billion project financing and equity arrangements for the construction of the South Field Energy project, a 1,182 MW combined-cycle natural gas electric generating facility located in PJM and near Wellsville, Ohio.
• Lender in connection with the financing of a 121 MW dual-fueled, CCGT facility located in Florida with an expiring tolling agreement.
• Sponsor in connection with pre-development advice, including project financing considerations, with respect to an approximately 1,000 MW greenfield natural gas combined-cycle generation facility in PJM near Chicago.
• Sponsor in connection with the sale of Cross Sound Cable, a HVDC submerged transmission line connecting New England and Long Island, New York.
• Apex Compressed Air Energy Storage LLC in the development, construction and financing of an approximately 317 MW compressed air energy generation and storage development project in Texas.
• Project company in the refinancing of a 440 MW natural gas combined-cycle power generation facility located in ERCOT near Freeport, Texas.

Natural Resources

• Lead arranger in connection with the financing of an approximately US$3.3 billion greenfield NGL pipeline, fractionator and terminal facility in Texas.
• Sponsor in connection with the development and financing of a US$1.85 billion greenfield methanol facility in Louisiana.
• Lender in connection with the financing of a gas-to-liquids plant in Westlake, Louisiana.
• E&P Company in connection with the development of and joint venture arrangements related to a single point mooring project in the Gulf of Mexico.
• Midstream and Terminal Company in connection with the acquisition and redevelopment of an ammonia, fertilizer and bulk product terminal facility near Tampa, Florida.
• Sale lease-back of an oil product terminal facility in Brooklyn, New York.

Infrastructure and P3

• Riot Blockchain, Inc. in its acquisition of Whinstone US, which operates the largest Bitcoin mining hosting facility in North America.
• Consortium and operator in connection with bidding for the right to operate and maintain the district energy assets at two different U.S. public universities pursuant to a P3 procurement.
• New Orleans Exhibition Hall Authority in connection with a P3 for the development of an approximately US$557 million, 1,200-room convention center headquarters hotel.
• San Antonio Spurs in connection with the US$100 million modernization of AT&T Center and the acquisition of lease and development rights for Toyota Field and the STAR Soccer Complex, the home and practice facility respectively for the San Antonio FC.
•  Houston Livestock Show and Rodeo Inc. in connection with initial development, leasing, financing and sponsorship of NRG Stadium (formerly Reliant Stadium), as well as ongoing matters related to further development of NRG Park and redevelopment of NRG Astrodome.
• City of San Antonio, Texas in connection with the US$263 million P3 for the development, construction, lease and operation of the Grand Hyatt Convention Center Hotel on the Riverwalk in San Antonio, Texas, including a subsequent condominiumization and recapitalization of the project.
• Museum of Fine Arts Houston in connection with the approximately US$325 million expansion and redevelopment of its current campus, including an economic development agreement in connection with same.
• Kinder Foundation in connection with the US$215 million P3 for the development and financing of the Bayou Greenways 2020 project to create an interconnected park and trail system along each of the 10 bayous located in Houston, Texas, including the structuring of a synthetic tax increment reinvestment zone (TIRZ) financing mechanism.
• Kinder Foundation in connection with the US$75 million P3 for the development and financing of the Buffalo Bayou project in Houston, Texas.

*Some of the above matters were handled by Ron prior to joining Sidley.

Ron served on Law360’s Project Finance Editorial Advisory Board in 2018 and 2019.