Located in:
Areas of Focus:
Craig founded the firm's interdisciplinary Renewable Energy practice. He helps participants in the renewable energy industry, including developers, sponsors, utilities, lenders, lessors, lessees, credit support providers and trustees with construction finance, partnership flips, sale-leasebacks, leveraged transactions, and take-out debt. He also helps clients with merger and acquisition transactions, the securitization of financial assets, synthetic leasing, secured lending, and bankruptcy.
Craig has served as counsel in more than 500 renewable energy transactions involving a variety of assets and jurisdictions. He has advised in matters involving power and energy generation and distribution facilities as well as maritime assets, telecommunications equipment, real estate, waste facilities, and manufacturing plants. In addition to U.S. domestic transactions, he has closed many cross-border transactions in connection with assets or counterparties located in, among other jurisdictions, Australia, Austria, Belgium, France, Germany, Hong Kong, Mexico, the Netherlands, Portugal, South Korea, and the United Kingdom.
He is the author of the solar energy portion of the ABA Treatise, The Law of Clean Energy, and has been a Recognized Practitioner in Renewable Energy by Chambers and Partners. Additionally, Craig is a fellow in the American College of Investment Counsel.
Craig is also a member of the firm's Management Team and Policy Committee.
Distributed Generation
Craig has acted as counsel to some of the nation's largest banks in the creation, negotiation, and documentation of several solar PV funding programs providing debt and tax equity financing for rooftop and ground-mounted distributed generation systems, including:
DG Program I:
DG Program II:
DG Program III:
Battery Storage
Infrastructure and Transportation
Representative matters may include engagements before joining Troutman Pepper.
Craig is a frequent speaker and author on renewable energy, project development, and finance. Recent publications include Tax Credits and Effect on Investment in U.S. Renewable Energy Industry, American College of Investment Counsel; "Solar City May Be Subject to "Light-Handed" Retail Regulation in Arizona," National Law Review ; "Financing Alternative Energy in 2010 and Beyond: New Incentives for New Priorities," Journal of Equipment Lease Financing; "Renewable Portfolio Standards, Regulatory Requirements and Turbine Opportunities," Turbomachinery International; "Mitigating Change-in-law Risk Associated with RECs," North American Clean Energy.
Recent external speaking engagements include:
Firm News
03.06.24
26 Troutman Pepper Attorneys Named Thomson Reuters 2024 ‘Stand-out Lawyers’
Firm Events
07.18.23
Troutman Pepper's Guide to Tax Credit Transferability
Articles + Publications
07.05.23
Battery Storage in Europe
Press Coverage
06.30.23
Battery Storage in Europe
Articles + Publications
05.31.23
Impacts of the Inflation Reduction Act on US Battery Developers
Speaking Engagements
05.08.23
Value Creation in the Transferable Tax Market