Paul N. Belval
Paul Belval, chair of the firm's Energy and Utilities group, represents investors, developers, utilities and suppliers in transactions relating to power projects and energy companies.
Paul's practice involves the development, financing and restructuring of renewable power and fossil fuel facilities. He has represented clients across a range of technologies, including offshore and land-based wind, solar, geothermal, hydroelectric and landfill gas. Paul also represents debt and equity investors in single project and portfolio transactions across the country and in restructuring projects experiencing operational or other difficulties. He drafted the contracts and operating rules for the NEPOOL Generation Information System (GIS) and has counseled the operators of other renewable energy credit trading systems in the development of those systems.
Paul is a frequent author and speaker on energy-related topics. He has appeared in publications such as Law360 and the Connecticut Law Tribune
Represented private infrastructure fund in $1.25 billion investment in a portfolio of wind, solar and energy storage facilities across the United States
Represented equity investor in its purchase of a 24-project wind and solar portfolio worth $400 million
Negotiated and drafted multiple power purchase agreements for offshore wind facilities in the Northeast
Counsel to lenders to geothermal projects in loans totaling $445 million that were guaranteed by the U.S. Department of Energy under Section 1705 of the ARRA
Representing a New England utility in various power and REC purchase agreements throughout its service area involving wind, solar, landfill gas, hydroelectric and anaerobic digester projects
Represented debt and equity investors in restructuring eleven utility scale wind projects resulting from the bankruptcy of the project sponsor
Chosen for inclusion in the Chambers USA Legal Directory (Chambers & Partners) as a leading energy: electricity (transactional) attorney Nationwide, 2013-2020
Chosen for inclusion in the Chambers Global (Chambers & Partners) for energy: electricity (transactional), 2016-2021
Chosen for inclusion in The Best Lawyers in America (Woodward/White, Inc.), Energy Law, 2010-2021
Selected to the list of Connecticut Super Lawyers (Thomson Reuters), Energy and Natural Resources, 2006-2019
Chosen for inclusion in Guide to the World's Leading Project Finance Lawyers (Euromoney Institutional Investor PLC), 2011, 2018
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Greater Hartford Legal Aid, Board of Directors, 2013-present; Vice President, 2013-2015; Treasurer, 2015-2021
Greater Hartford Legal Aid Foundation, Board of Directors 2005-2015; Vice President 2009-2011; President, 2011-2013
Christ Church Cathedral, Hartford, CT, Chancellor, 2006-2012