John Marciano is a member of the firm’s global project finance group. Mr. Marciano focuses on providing tax, legal and commercial advice in relation to the development, financing, purchase, and sale of energy and infrastructure projects.  He also assists clients in all aspects of the budding unmanned aviation industry, including financing of fleets of unmanned aerial systems.

Practice & Background

Mr. Marciano regularly advises clients on capital-raising and deployment strategies involving these assets, with particular emphasis on addressing issues related to financing portfolios of assets. He works for a wide range of clients, primarily in connection with solar, wind, geothermal, fuel cell and biomass projects, and their development, ownership and financing. He is the editor of a renewable power tax credit reference guide that is a must-have resource for practitioners, project developers, financiers and government officials.  He is a frequent speaker on debt and equity structuring issues related to renewable power and aviation assets. Mr. Marciano’s work in the financing of the Block Island Wind Farm was honored in the Financial Times’ Most Innovative Law Firms 2015 Report. Mr. Marciano is on the Law360 Project Finance Advisory Board.

Representative Matters

Mr. Marciano’s experience includes representing:

  • a major solar developer in the first open-ended, distributed solar tax-equity transaction involving a commercial and small utility scale project
  • a large financial institution as tax-equity investor in the first residential, solar tax-equity aggregated portfolio
  • a major financial institution as the construction and back-leverage lender for the first U.S. offshore wind farm
  • several residential solar developers in raising tax equity for more than $2 billion each of residential solar portfolios
  • a solar developer and tax-equity investors on more than five dozen solar aggregated tax-equity facilities
  • lenders on the first distributed solar construction revolver
  • lenders on the first distributed solar back-leverage transaction
  • a solar thermal developer on a $2 billion project in California, including a Department of Energy loan guarantee
  • a fuel-cell manufacturer in the first fuel-cell tax-equity transaction
  • wind developers on the tax-equity financing of three dozen wind farms in the United States
  • solar and wind developers in global tax planning as they expand operations worldwide
  • several solar developers in connection with the development of a methodology to reduce transaction (and diligence) costs in connection with distributed solar portfolio financings, sales and tax-equity arrangements.
  • several solar developers in connection with the development of a methodology to reduce transaction (and diligence) costs in connection with distributed solar portfolio financings, sales and tax-equity arrangements.

Awards & Accolades

  • Chambers USA – America’s Leading Lawyers for Business (2017) - projects and renewable and alternative energy.
  • The Legal 500 USA (2017) – energy: renewable/alternative

Speaking Engagements

  • Infocast Solar Power Finance & Investment Summit (Moderator – Tax Equity Market Outlook) San Diego, CA March 2017
  • Infocast Wind Power Finance & Investment Summit (Moderator – Corporate Market Outlook) San Diego, CA, February 2017