Miles D. Killingsworth

Miles works on the financing, development and acquisition of solar, storage, and wind energy projects throughout the United States, with a particular focus on large solar DG portfolios.  With extensive experience in construction and term debt facilities, development loans, tax equity partnerships, inverted leases, sale leasebacks, preferred equity investments and tax credit transfer transactions, Miles is proud to have supported the installation of gigawatts of renewable energy projects.

Education

Columbia Law School, J.D., 2011, with honors; Harlan Fiske Stone Scholar

University of Southern California, B.S., 2007, Astronautical Engineering, cum laude; Trustee Scholar; Henry Luce Fellow

Admissions

Oregon

Washington

California

• Ongoing representation of a DG solar developer in connection with a $400 million warehouse construction credit facility, ITC transfer and preferred equity arrangement for a portfolio of community solar and C&I projects.
• Ongoing representation of a DG solar developer in connection with a $200 million construction and term debt facility, ITC transfer and preferred equity arrangement for a portfolio of community solar and C&I projects.
• Representation of Pivot Energy in connection with a $50 million solar equipment loan.
• Representation of a solar developer in construction with a construction and USDA-guaranteed term debt facility and inverted lease financing of a utility-scale solar project in Illinois.
• Representation of a solar developer in connection with approximately $80 million in debt and tax equity financing for a portfolio of community solar projects in California.
• Representation of Adapture Renewables in the inverted lease financing of a 65 MW solar project in Texas.
• Representation of Pivot Energy in connection with a $175 million senior secured development loan and junior construction and term loan facility.
• Representation of Adapture Renewables in the inverted lease financing of a utility-scale solar project in Virginia.
• Representation of Dimension Energy in connection with a $37 million equipment loan facility. 
• Representation of AES Clean Energy in its $1.7 billion warehouse credit facility, which will advance the construction of 3 GW of renewable energy projects across nine states. The financing arrangement is the largest construction warehouse facility for domestic renewable projects and builds on the initial $700 million warehouse credit facility established in January 2022. Stoel Rives also represented AES in the initial transaction.
• Representation of Pivot Energy in connection with approximately $200 million in debt and tax equity financing of a portfolio of community solar and C&I projects.
• Representation of Dimension Energy in connection with approximately $190 million in debt and tax equity financing of a portfolio of community solar projects.
• Representation of Pivot Energy in connection with its acquisition of SGC Power, a Maryland- based community solar developer.
• Representation of Pivot Energy in connection with approximately $145 million in debt and tax equity financing of a portfolio of community solar projects.
• Representation of Forefront Power in connection with the cash equity and tax equity financing of a 131 MW portfolio of distributed C&I solar and storage projects.
• Representation of sPower in an equipment loan to refinance the purchase of “safe harbored” solar PV modules, collateralized by the equipment and a pledge of development stage projects.
• Representation of a solar developer in the tax equity, construction, and back-leverage debt financing of three utility-scale solar projects in California and Colorado totaling 270 MW.
• Representation of Forefront Power in the negotiation of a sale-leaseback financing for a portfolio of distributed generation solar facilities.
• Representation of sPower in connection with the development, management, and implementation of a 1 GW solar module safe harbor strategy.
• Representation of Forefront Power in the tax equity financing of 64 MW of residential community solar projects in New York and Maryland.
• Representation of a wind developer in connection with a build-own-transfer agreement for the repowering and sale of two operating wind projects in Minnesota totaling 80 MW.
• Representation of Geronimo Renewable Infrastructure Partners in tax equity and back- leveraged debt financing of a 40 MW portfolio of community solar projects in Minnesota. 

Insights & Presentations

• “Practitioner Insights: Forward With Solar, Storage in Puerto Rico” (co-author), Bloomberg BNA Environment, November 7, 2017

• Henry Luce Fellow at the Institute for Sustainable Energy Policy, Tokyo, Japan