Matt Sides

Associate

Charlotte
Business Phone: 704.998.4068
Business Fax: 704.998.4051

matt.sides@troutman.com

vCard

Matt advises lenders, tax equity investors and sponsors with the financing, acquisition, development and construction of energy projects, including negotiating tax equity partnership and lease investment structures.

He has significant experience representing construction and permanent lenders in traditional and USDA-guaranteed credit facilities for tax credit-backed renewable energy projects. Matt has reviewed project level due diligence for hundreds of renewable energy project financings, which enables him to efficiently recognize and effectively address high-level issues that may present hurdles to client closings.

Prior to attending law school, Matt earned undergraduate and graduate degrees specialized in Real Estate Finance and Development and had a successful banking career in Charlotte, North Carolina. He gained valuable experience in the areas of underwriting, origination and workouts of large credit facilities, which he uses in his day-to-day legal practice. Matt prides himself on his deal-oriented, business practical approach to assisting clients.

Representative Matters:

  • Represented an infrastructure fund with the creation of a $100 million facility to acquire and develop behind the meter utility grade natural gas genset projects which provide clean, reliable, and quiet backup power to commercial and industrial sites, while also having the ability to generate revenue through aggregation and connection to the grid.
  • Assisted in the representation of a lender in the construction and permanent financing for 45 MW of solar installations in Minnesota under the Community Solar Garden program.
  • Assisted in the representation of a lender in financing the first renewable natural gas injection project in North Carolina’s history. At this project, biogas is aggregated in three digesters at five contiguous swine farms and then transported to a utility owned and operated power plant for the generation of renewable electricity.
  • Assisted in the representation of both the construction and permanent lender in financing 12 solar-plus-storage systems with lithium-ion battery (LiB) storage capacity. At these projects, an electric cooperative opted to include an energy storage component while providing clean electricity to help avoid higher peak energy costs. These cost savings will ultimately be passed on to the electric cooperative’s member-owners.
  • Assisted in the representation of the construction lender, ITC bridge lender, back-leverage lender and PPA L/C issuer in the financing of a 52 MW solar project near Orlando, Florida. This project will generate enough sustainable clean energy for a theme-park operator to power two of its four theme parks in Central Florida.

Professional and Community Involvement

  • North Carolina Bar Association
  • South Carolina Bar Association
  • Mecklenburg County Bar
PrintPDF

Education

  • University of South Carolina, J.D., 2012
  • University of North Carolina at Charlotte, M.B.A., 2005
  • Clemson University, B.S., 2003

Bar Admissions

  • North Carolina
  • South Carolina