Emily K. Prince Thomason

Emily represents independent power producers, electric utilities, and other clients doing business in the energy sector. She is particularly focused on working with independent power producers, private equity sponsors, and major utilities on matters relating to the development, acquisition, financing, and sale of energy and infrastructure assets employing renewable technologies. Additionally, Emily advises regulated utilities through procurement processes for traditional and renewable products. Beyond renewables, she counsels clients through the trading, hedging, and marketing of energy products.

As a former in-house attorney to an independent power producer, Emily has a wealth of experience and unique understanding of the operational challenges of power-generating assets. As in-house counsel, Emily provided practical and solution-oriented guidance to senior management on acquisitions, divestitures, project finance agreements, operational agreements (both affiliate and third-party), corporate governance matters and offtake agreements. She has broad experience navigating organized market issues, negotiating fuel supply agreements, whole-sale power purchase agreements, tolling agreements, capacity sales agreements, and more.

Before becoming an attorney, Emily worked on Capitol Hill in Washington, D.C., first in the U.S. Senate, then in federal governmental affairs for a large utility company.

Emily is actively involved with the Women’s Energy Network in both Atlanta and in North Carolina. She co-founded the North Carolina chapter of WEN and served on the board of both organizations. In her pro bono work, Emily assists low-income elderly clients with the preparation of qualified low-income trusts, as well as wills and financial powers of attorney.

*Licensed to practice law in Georgia; application pending for admission to North Carolina Bar.

• Served as counsel to a private equity sponsor in the diligence, acquisition, and $1.15 billion term loan financing of a 1.6GW portfolio of two combined-cycle gas generating facilities in Pennsylvania.
• Advised an independent power producer on a series of divestitures of a portfolio of over 2.2GW of natural gas generating facilities in Georgia (combined cycle, peaking, and cogeneration facilities).
• Negotiated power purchase agreements and structured power hedge transactions creating $550 million in value in SERC market for an energy services company.
• Served as counsel to an independent power producer on the divestiture of a 600MW portfolio of wind projects in upstate New York.
• Counsel to a private equity sponsor in the diligence, acquisition, and financing of a 1.15GW portfolio of a co-generation and combined cycle facility in Texas with a $50 million revolving credit facility.
• Advised an independent power producer in the sale of a 500MW combined-cycle generating facility in Illinois.
• Management of complex corporate structures, including analysis of governing agreements, preparation of board resolutions, and board management and correspondence for a private equity firm.
• Provided extensive due diligence and transactional support to a leading U.S. wholesale energy provider in the corporate reorganization sale of a portfolio of 26 operating solar facilities representing approximately 1.7GW of capacity.
• Served as counsel to public utility companies for annual RFP processes in Illinois for purchase of capacity, energy, and renewable energy certificates and the long-term purchase of a bundled renewable energy product.
• Represented a public utility holding company and its independent power producer subsidiary in the acquisition of a 100MW wind-generating facility located in Oklahoma, using a tax equity ownership structure.
• Advised a public utility company in preparing renewable energy RFP documentation and evaluating and negotiating related documentation.
• Represented a leading U.S. wholesale energy producer in the acquisition of a 150MW wind-generating facility in Texas, using a tax equity ownership structure.
• Advised independent power providers and utilities for financial derivatives, physical supply agreements, exchanges, clearing and broker agreements, and other structured products, focusing on ISDA, EEI, and GISB/NAESB master agreements for hedging, purchases, and sales of commodities, including natural gas, electricity, coal, and fuel oil.