Tiffany T.V. Duong is a member of the firm’s corporate and global project finance practices, focusing primarily on renewable energy project development and financing.
Practice & Background
Ms. Duong assists in the development, financing, operation, disposition and acquisition of energy projects in the energy and infrastructure sector, with particular emphasis on renewable energy.
In addition to her global project finance practice, Ms. Duong is currently assisting in efforts with a pro bono client seeking asylum and protection from past torture. She has also supported a nonprofit group encouraging people to vote through new technologies in their financing and corporate needs. Ms. Duong has furthermore written a guide to help property owners find local incentives to rent property to the homeless. In addition to her pro bono matters, Ms. Duong also volunteers at a local food bank with an organization called “PATH” (People Assisting the Homeless).
Ms. Duong received her B.A. in 2006 from the University of California, Los Angeles summa cum laude, where she was a member of Phi Beta Kappa and UCLA ALD/PES honor societies, as well as the recipient of a UCLA Regent Scholarship. She received her J.D. from University of Pennsylvania Law School in 2010.
Ms. Duong’s recent engagements include representing:
- Rabobank International in the lease financing of a portfolio of commercial distributed generation solar projects developed and installed by SolarCity, located on multiple properties of and selling power to a large U.S. retailer
- NRG Energy in the acquisition of Solar Power Partners (“SPP”), a developer of distributed solar projects, which at the time of acquisition had over 30 MW of distributed solar projects in operation or under construction, and a pipeline of over 1,300 MW of projects in development located in California, Hawaii, Arizona, Connecticut, New Mexico, Massachusetts, New Jersey, Canada, and Puerto Rico.
- a developer in connection with the development and sale of a 5 MW solar project in Hawaii
- Terra-Gen Power renewable energy developer in the development and financing of the up to 3,000 MW Alta Wind Energy Center in California, including its $400 million construction loan financing and a sale-leaseback financing for the Alta Phase I (150 MW) wind project in California and financing for Alta Phases II-V (including a Rule 144A bond offering, a bank cash grant bridge facility and a forward commitment for sale-leaseback)
- Terra-Gen Power renewable energy developer in the sale of Alta VI and VIII projects
- BrightSource Energy in the development and financing of the 392 MW Ivanpah Solar Energy Generating System located in San Bernardino County, California. This project, when constructed, will be the largest utility-scale solar power plant in the world. Representation included negotiation of, and advice regarding, both the various project agreements and the $2.2 billion project financing, which included $1.6 billion in construction and permanent debt guaranteed by the U.S. Department of Energy under the Innovative Technology Loan Guaranty Program
- a developer in a negotiation and sale of a proposed 167.9 MW wind energy project and related developmental assets and rights in Kansas
- a developer in the $249 million construction and term financing and a bridge loan to the ITC Cash Grant from the U.S. Department of Energy for the Windstar project, a 120 MW wind farm located in Kern County, California
- a developer in the development and negotiation of a 90 MW turbine supply agreement and the acquisition of wind turbine equipment for a wind energy project in Michigan, including a commitment to meet Cash Grant requirements for delivery.
- representation of Everpower Wind Holdings on the re-financing of the 150 MW Mustang Hills wind project in Tehachapi, CA. The key components were: a private placement of $245 million 5.15% notes due in 2035 (rated BBB- by Fitch), a $29.5 million letter of credit facility, and an $82 million cash grant bridge loan
- representation of a developer in the negotiation of turbine supply agreement and service agreement for wind projects in Idaho and New Mexico
- representation of a developer in connection with the development, construction and financing of a 30 MW photovoltaic project in Puerto Rico
- representation of a developer in connection with a secured loan
- representation of Element Solar in connection with the sale of their solar portfolio in the US and Mexico
Awards & Accolades
- Law Fellow at the UCLA School of Law from 2006 to 2007
- Intern for the U.S. Department of State supporting the Olympic Games in Torino, Italy
- ABA 2008 Diversity Fellow in Environmental Law.