Adam C. Kobos

Adam is a nationally recognized attorney whose practice encompasses a wide array of tax matters for energy industry clients, including utilities, tax equity investors, and project developers and sponsors. Adam regularly represents clients who develop, acquire, or invest in renewable energy projects (including wind, solar, geothermal, waste-to-energy, biomass, hydroelectric, and other renewable energy generation facilities), energy storage facilities, and electric vehicle charging and other alternative fuel refueling facilities. He helps clients qualify for federal, state, and local tax incentives and implement transaction structures that maximize the value of those incentives, including partnership flips, sale-leasebacks, and inverted leases.

Adam also represents clients in mergers and acquisitions, debt and equity offerings, transactions involving partnerships, LLCs, and other pass-through entities, and tax controversy matters.

• Represented a sponsor in connection with the development and tax equity financing of a solar + storage project with a nameplate capacity of 275 MW (solar) and 125 MW (battery) in Texas.
• Represented an investor in connection with the tax equity financing of a 144 MW wind project in Washington.
• Represented an investor in connection with the tax equity financing of a 160 MW solar project in California.
• Represented a sponsor on the purchase and project financing (debt and tax equity) of a 200 MW solar project in Texas.
• Represented a sponsor in a tax equity transaction for two stand-alone storage projects with an aggregate capacity of 160 MW in California. The transaction was the first stand-alone battery storage portfolio to be tax equity-financed in the U.S.
• Represented a renewable energy subsidiary of a public utility holding company in connection with the negotiation of a tax equity joint venture for eight wind projects located throughout the U.S. for an aggregate investment amount exceeding $1 billion.
• Represented a lender in connection with providing construction loan, tax equity bridge loan and term loan facilities for a 235 MW wind facility, including the repowering and expansion of an existing wind facility, in New Mexico.
• Represented investors and sponsors in connection with multiple sale-leaseback transactions, including both limited recourse and full recourse leases, for more than 100 projects located throughout the U.S.
• Represented multiple buyers and sellers in connection with the purchase and sale of multiple wind, solar, and other renewable energy projects, including early-stage development projects, late-stage development projects, and operational projects.
• Represented a sponsor in connection with an inverted lease transaction for three solar projects in North Carolina with an aggregate nameplate capacity of 95 MW.
• Represented the sponsor of an investment fund formed to make tax equity investments. Advised concerning tax issues applicable to investors who are individuals and closely held corporations. Structured and negotiated fund documents and investments in tax equity partnerships.
• Represented biofuel and other alternative fuel producers, blenders, and sellers in connection with federal and state fuel excise tax matters, including registration and credit qualification matters.
• Represented an investor in connection with an early-stage carbon capture and sequestration facility under development in California.

• Legal 500 United States for Energy: Renewable/Alternative Power (2021-2025); Finance: Project Finance (2021-2025)
• Best Lawyers in America®: Energy Law (2021-2026); Energy Regulatory Law (2024-2026); Tax Law (2021-2026)
• Chambers Global USA, Projects: Renewables & Alternative Energy, Nationwide (2025)
• Chambers USA: Projects: Renewables & Alternative Energy, Nationwide (2019-2025)
• Portland Business Journal: “Forty Under Forty” (2013)