Kathryn J. Ostman represents equity investors, sponsors, lenders, developers, and government entities in connection with project finance, project development, and general corporate transactions related to electrical generation and infrastructure projects. She counsels clients through the development, construction, operation, acquisition, divestiture, and financing of natural gas, nuclear, wind, solar, battery storage, and other alternative energy projects. Kathryn also represents public and private companies in corporate and finance matters, including mergers and acquisitions, licensing transactions, and debt and equity financings.
Kathryn’s experience with diverse debt and equity financings and divestitures and acquisitions of traditional and renewable energy projects throughout the United States includes the development and financing of natural gas-fired generation, solar, and wind projects; the acquisition and divestiture of individual projects and portfolios of solar, wind, biomass, and natural gas-fired generation projects; the joint venture development of transmission projects; the development of battery storage projects, and various other developments, debt and equity financings, and divestitures of interests in energy projects throughout the United States.
Prior to joining Morgan Lewis, Kathryn served as an associate in the energy and project finance practice of another international law firm in Boston.
Represented Infrastructure Investments Fund in a $130 million private placement mezzanine financing relating to interests in affiliates of Pio Pico Energy Center, an approximately 330 MW combined cycle natural gas fired electric generation facility located in Otay Mesa, California.
Represented Ares EIF Group and project company, Pio Pico Energy Center, in connection with the development, construction and approximately $443 million private placement project financing of an approximately 330 MW combined cycle natural gas fired electric generation facility located in Otay Mesa, California, and the subsequent sale of the Pio Pico Energy Center to Infrastructure Investments Fund. The financing transaction was named 2015 North American Power Bond Deal of the Year by IJGlobal.
Represented Clean Energy Future, LLC in the development and construction of an approximately 940 MW natural gas-fired, combined-cycle power generation facility to be located in the village of Lordstown, Ohio, with an enterprise value of approximately $980 million.
Represented Maxim Power Corp. in the sale of its wholly-owned subsidiary Maxim Power (USA), Inc., holding the entirety of its U.S. portfolio of five large generating facilities, following an auction process to a subsidiary of Hull Street Energy, LLC.
Represented Goldwind Americas in its acquisition of a 160-megawatt wind project under development in Texas from developer RES Americas.
Represented an independent power producer in connection with the development of two energy storage projects in San Diego on an expedited basis in connection with the California Public Utilities Commission’s resolution for an emergency energy storage solicitation, one of which was the largest lithium-ion battery project in the world as of January, 2017.
Represented Caithness Energy, Moxie Energy, and project company, Moxie Freedom LLC, in connection with the development, construction and approximately $531 million project financing of a 1029 MW combined cycle natural gas-fired electric generation facility to be located in Luzerne County, Pennsylvania.
Represented Moxie Energy and project company, Moxie Patriot LLC, in connection with the development, construction and approximately $627 million project financing of an 829 MW combined cycle natural gas-fired electric generation facility located in Lycoming County, Pennsylvania, and the subsequent sale of the project to Panda Power Funds.
Represented Moxie Energy and project company, Moxie Liberty LLC, in connection with the development, construction and approximately $651 million project financing of an 829 MW combined cycle natural gas-fired electric generation facility located in Bradford County, Pennsylvania, and the subsequent sale of the project to Panda Power Funds.
Represented LS Power in the sale by an LS Power affiliate of the 751 MW natural-gas-fired West Deptford Energy Station located in West Deptford Township, New Jersey to a group of investors that acquired ownership interests in the project through a subscription process.
Represented Atlantic Power Corporation in the sale of a portfolio of natural gas-fired power generation facilities located in Florida with an aggregate capacity of approximately 397 MW to subsidiaries of Quantum Utility Generation.
Represented Astoria Energy II LLC in connection with the development, construction and approximately $1.1 billion project financing of a 550 MW combined cycle natural gas-fired electric generation facility located in New York City. This deal was named 2009 Americas Power Deal of the Year by Project Finance International.
Boston University School of Law, 2008, J.D.
Cornell University, 2005, B.A., With Distinction
Awards and Affiliations
Member, Law Firm of the Year, Energy/Projects: Power (including Renewables), Chambers USA (2018)
Member, Practice Group of the Year, Energy, Law360 (2016)
Member, Energy Law Firm of the Year, US News & World Report/Best Lawyers (2015)
Recognized, Rising Star, Boston Super Lawyers (Energy and Natural Resources) (2013-2017)