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Tristan Pelham Webb is a partner in King & Spalding’s Finance practice resident in the New York and Denver offices. Tristan is a key member of King & Spalding's power, energy and infrastructure project finance team, handling a wide variety of greenfield and brownfield development and construction project financings, leveraged financings and acquisition financings. 

Tristan has extensive experience advising foreign and domestic project developers, sponsors, investors and lenders in all aspects of the development, construction, financing, acquisition and divestiture of major power, energy and infrastructure projects, including deep expertise in the renewables, energy innovation and energy transition sectors.

Full Bio

Credentials

J.D., New York University School of Law, Magna Cum Laude

B.A. Philosophy, Bates College

Colorado

New York

Law Clerk, Theodor Meron, International Criminal Tribunal for the former Yugoslavia

Next Generation Partners - Renewable & Alternative Power


Legal 500, 2024

Band 4 - Projects USA - Nationwide


Chambers & Partners

Law 360 Project Finance Editorial Board, 2023


Law 360, 2023

Next Generation Partners - Project Finance


Legal 500, 2023 and 2024

Rising Stars - Project Finance - 2022


Law360

Best Lawyers - Project Finance


Ones to Watch 2021-22

Close

Recognition

Next Generation Partners - Renewable & Alternative Power


Legal 500, 2024

Band 4 - Projects USA - Nationwide


Chambers & Partners

Law 360 Project Finance Editorial Board, 2023


Law 360, 2023

Next Generation Partners - Project Finance


Legal 500, 2023 and 2024

Rising Stars - Project Finance - 2022


Law360

Best Lawyers - Project Finance


Ones to Watch 2021-22

Matters

Carlyle Power through its portfolio company, Cogentrix Energy Power Management, LLC on the sale of its Effingham 511 MW combined-cycle gas generation and transmission facility in Rincon, Georgia, and associated debt financing matters.

Carlyle Power through its portfolio company, Cogentrix Energy Power Management, LLC on the acquisition, financing, long-term wind and renewable energy credit hedging and ultimate sale of a 600 MW portfolio of six operating wind projects in upstate New York.

Carlyle Power through its portfolio company, Cogentrix Energy Power Management, LLC on the structured spark spread and heat rate call option transactions (and associated credit sleeving) for its portfolio of three natural gas-fired combined-cycle generating facilities totaling in excess of 1,100 MW in New England.

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Close

Matters

Carlyle Power through its portfolio company, Cogentrix Energy Power Management, LLC on the sale of its Effingham 511 MW combined-cycle gas generation and transmission facility in Rincon, Georgia, and associated debt financing matters.

Carlyle Power through its portfolio company, Cogentrix Energy Power Management, LLC on the acquisition, financing, long-term wind and renewable energy credit hedging and ultimate sale of a 600 MW portfolio of six operating wind projects in upstate New York.

Carlyle Power through its portfolio company, Cogentrix Energy Power Management, LLC on the structured spark spread and heat rate call option transactions (and associated credit sleeving) for its portfolio of three natural gas-fired combined-cycle generating facilities totaling in excess of 1,100 MW in New England.

Capital Dynamics on the acquisition from Middle River Power and the subsequent development and construction of the 60 MW / 240 MWh Coso battery storage project located in California as one of the first battery storage projects selected to meet the CPUC’s mandate to meet California’s rapidly increasing needs for resource adequacy.

Capital Dynamics/Arevon on its financing and acquisition of a 300MW portfolio of operating solar power plants from LS Power and its follow-on acquisition and financing of the remaining 69.98% interest in Arlington Valley Solar Energy II (AVSE II), a 175MWDC solar PV project, from funds managed by affiliates of Apollo Global Management.

Axium Infrastructure on the acquisition & financing (including deal contingent interest rate hedges) of a 49% interest in Constellation Renewables Partners, a 1,415 MW diversified portfolio of twenty-four wind and four solar assets in the United States, and an incremental delayed draw term loan facility to fund contribution obligations of its joint venture interest for the repowering of the 70 MW Criterion wind farm in Maryland.

Axium Infrastructure on the acquisition & financing (including interest rate hedges) of 50% equity interests in each of the 65 MW Dry Lake II wind project in Arizona and the 20 MW Copper Crossing solar project in Arizona.

Axium Infrastructure and Morongo Transmission on the private placement notes financing of the West of Devers upgrade project, a 48 mile, 220 kV double circuit transmission line to increase the transmission capacity of the existing West of Devers corridor from the current 1,600 MW to approximately 4,800 MW.

Axium Infrastructure on its acquisition of a large equity interest in CPV Three Rivers Energy Center, a 1,258 MW power project to be constructed in Illinois, from affiliates of GE and Competitive Power Ventures and related financing matters.

Axium Infrastructure on its acquisition from Blackrock and financing of a portfolio of more than 1 GW of wind generating facilities across the United States with an aggregate enterprise value in excess of $700mm.

Axium Infrastructure and its portfolio company BWC Holdings/Bluewave on a development-stage revolving loan and letter of credit facility structured to finance Bluewave's operations, development, build out and expansion of its pipeline of solar and storage facilities currently in excess of 2.3 GW.

8minutenergy on the negotiation and execution of multiple power purchase agreements, including (i) a power purchase agreement with NRG Energy Marketing for its proposed 250 MWac Galloway facility in Texas and (ii) a power purchase agreement with NRG Energy Marketing for its proposed 125 MWac Norton facility in Texas.

D.E. Shaw Renewable Investments in the acquisition, tax equity financing and back-leverage debt financing (including interest rate hedges) of multiple utility scale solar power projects in the United States with an aggregate capacity of over 1.0 GW.

D.E. Shaw Renewable Investments on (i) a $75 million development-stage letter of credit facility to support the warehousing of its pipeline of development stage solar and wind generating facilities by providing interconnection and other development-related letters of credit and loans and (ii) a $10 million equipment loan facility for borrowings related to certain payments under major equipment supply agreements. The project portfolio at closing included projects with an aggregate capacity of 712.4 MW, potentially supporting an aggregate of more than $1.5 billion in construction financing for the initial projects, with the option for DESRI to add additional projects during the tenor of the facility.

D.E. Shaw Renewable Investments on its upsized $150mm corporate revolving facility for general corporate purposes and issuance of letters of credit supporting development of its portfolio of renewable power generation assets, including a committed $100mm incremental revolving credit facility.

J.P. Morgan on the Winter Storm Uri rescue financing and tax equity & wind hedge restructuring of Skyline Renewable’s 460MW aggregate Horse Creek and Electra wind farms in Texas.

Energy Capital Partners on the $300 million equity investment into Sunnova Energy Corp., including a restructuring of corporate-level indebtedness and a securitization facility for Sunnova’s residential solar portfolios.

Power Line Services, a portfolio company of Energy Capital Partners, on a refinancing of a $200 million revolver and term loan for a portfolio of oil field services assets.

Energy Capital Partners and Next Wave Energy Partners on the approximately $1.0 billion equity and debt financing (including interest rate hedges) for the development and construction of a 28,000 bpd alkylation project in Pasadena, Texas.

Bank of America on the $1 billion construction warehouse facility for SunEdison Inc., supporting the construction and sale of a pipeline of development-stage utility scale renewable energy projects.

Goldman Sachs on the $500 million bridge loan and permanent financings for SunEdison Inc.’s new YieldCo SPV (TerraForm Power) and J.P. Morgan on the $350 million bridge loan financing for SunEdison Inc.’s newly formed YieldCo SPV (TerraForm Global).

Matters

Carlyle Power through its portfolio company, Cogentrix Energy Power Management, LLC on the sale of its Effingham 511 MW combined-cycle gas generation and transmission facility in Rincon, Georgia, and associated debt financing matters.

Carlyle Power through its portfolio company, Cogentrix Energy Power Management, LLC on the acquisition, financing, long-term wind and renewable energy credit hedging and ultimate sale of a 600 MW portfolio of six operating wind projects in upstate New York.

Carlyle Power through its portfolio company, Cogentrix Energy Power Management, LLC on the structured spark spread and heat rate call option transactions (and associated credit sleeving) for its portfolio of three natural gas-fired combined-cycle generating facilities totaling in excess of 1,100 MW in New England.

See more

Close

Matters

Carlyle Power through its portfolio company, Cogentrix Energy Power Management, LLC on the sale of its Effingham 511 MW combined-cycle gas generation and transmission facility in Rincon, Georgia, and associated debt financing matters.

Carlyle Power through its portfolio company, Cogentrix Energy Power Management, LLC on the acquisition, financing, long-term wind and renewable energy credit hedging and ultimate sale of a 600 MW portfolio of six operating wind projects in upstate New York.

Carlyle Power through its portfolio company, Cogentrix Energy Power Management, LLC on the structured spark spread and heat rate call option transactions (and associated credit sleeving) for its portfolio of three natural gas-fired combined-cycle generating facilities totaling in excess of 1,100 MW in New England.

Capital Dynamics on the acquisition from Middle River Power and the subsequent development and construction of the 60 MW / 240 MWh Coso battery storage project located in California as one of the first battery storage projects selected to meet the CPUC’s mandate to meet California’s rapidly increasing needs for resource adequacy.

Capital Dynamics/Arevon on its financing and acquisition of a 300MW portfolio of operating solar power plants from LS Power and its follow-on acquisition and financing of the remaining 69.98% interest in Arlington Valley Solar Energy II (AVSE II), a 175MWDC solar PV project, from funds managed by affiliates of Apollo Global Management.

Axium Infrastructure on the acquisition & financing (including deal contingent interest rate hedges) of a 49% interest in Constellation Renewables Partners, a 1,415 MW diversified portfolio of twenty-four wind and four solar assets in the United States, and an incremental delayed draw term loan facility to fund contribution obligations of its joint venture interest for the repowering of the 70 MW Criterion wind farm in Maryland.

Axium Infrastructure on the acquisition & financing (including interest rate hedges) of 50% equity interests in each of the 65 MW Dry Lake II wind project in Arizona and the 20 MW Copper Crossing solar project in Arizona.

Axium Infrastructure and Morongo Transmission on the private placement notes financing of the West of Devers upgrade project, a 48 mile, 220 kV double circuit transmission line to increase the transmission capacity of the existing West of Devers corridor from the current 1,600 MW to approximately 4,800 MW.

Axium Infrastructure on its acquisition of a large equity interest in CPV Three Rivers Energy Center, a 1,258 MW power project to be constructed in Illinois, from affiliates of GE and Competitive Power Ventures and related financing matters.

Axium Infrastructure on its acquisition from Blackrock and financing of a portfolio of more than 1 GW of wind generating facilities across the United States with an aggregate enterprise value in excess of $700mm.

Axium Infrastructure and its portfolio company BWC Holdings/Bluewave on a development-stage revolving loan and letter of credit facility structured to finance Bluewave's operations, development, build out and expansion of its pipeline of solar and storage facilities currently in excess of 2.3 GW.

8minutenergy on the negotiation and execution of multiple power purchase agreements, including (i) a power purchase agreement with NRG Energy Marketing for its proposed 250 MWac Galloway facility in Texas and (ii) a power purchase agreement with NRG Energy Marketing for its proposed 125 MWac Norton facility in Texas.

D.E. Shaw Renewable Investments in the acquisition, tax equity financing and back-leverage debt financing (including interest rate hedges) of multiple utility scale solar power projects in the United States with an aggregate capacity of over 1.0 GW.

D.E. Shaw Renewable Investments on (i) a $75 million development-stage letter of credit facility to support the warehousing of its pipeline of development stage solar and wind generating facilities by providing interconnection and other development-related letters of credit and loans and (ii) a $10 million equipment loan facility for borrowings related to certain payments under major equipment supply agreements. The project portfolio at closing included projects with an aggregate capacity of 712.4 MW, potentially supporting an aggregate of more than $1.5 billion in construction financing for the initial projects, with the option for DESRI to add additional projects during the tenor of the facility.

D.E. Shaw Renewable Investments on its upsized $150mm corporate revolving facility for general corporate purposes and issuance of letters of credit supporting development of its portfolio of renewable power generation assets, including a committed $100mm incremental revolving credit facility.

J.P. Morgan on the Winter Storm Uri rescue financing and tax equity & wind hedge restructuring of Skyline Renewable’s 460MW aggregate Horse Creek and Electra wind farms in Texas.

Energy Capital Partners on the $300 million equity investment into Sunnova Energy Corp., including a restructuring of corporate-level indebtedness and a securitization facility for Sunnova’s residential solar portfolios.

Power Line Services, a portfolio company of Energy Capital Partners, on a refinancing of a $200 million revolver and term loan for a portfolio of oil field services assets.

Energy Capital Partners and Next Wave Energy Partners on the approximately $1.0 billion equity and debt financing (including interest rate hedges) for the development and construction of a 28,000 bpd alkylation project in Pasadena, Texas.

Bank of America on the $1 billion construction warehouse facility for SunEdison Inc., supporting the construction and sale of a pipeline of development-stage utility scale renewable energy projects.

Goldman Sachs on the $500 million bridge loan and permanent financings for SunEdison Inc.’s new YieldCo SPV (TerraForm Power) and J.P. Morgan on the $350 million bridge loan financing for SunEdison Inc.’s newly formed YieldCo SPV (TerraForm Global).

Credentials

J.D., New York University School of Law, Magna Cum Laude

B.A. Philosophy, Bates College

Colorado

New York

Law Clerk, Theodor Meron, International Criminal Tribunal for the former Yugoslavia

Next Generation Partners - Renewable & Alternative Power


Legal 500, 2024

Band 4 - Projects USA - Nationwide


Chambers & Partners

Law 360 Project Finance Editorial Board, 2023


Law 360, 2023

Next Generation Partners - Project Finance


Legal 500, 2023 and 2024

Rising Stars - Project Finance - 2022


Law360

Best Lawyers - Project Finance


Ones to Watch 2021-22

Close

Recognition

Next Generation Partners - Renewable & Alternative Power


Legal 500, 2024

Band 4 - Projects USA - Nationwide


Chambers & Partners

Law 360 Project Finance Editorial Board, 2023


Law 360, 2023

Next Generation Partners - Project Finance


Legal 500, 2023 and 2024

Rising Stars - Project Finance - 2022


Law360

Best Lawyers - Project Finance


Ones to Watch 2021-22