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“Becky Diffen is ‘a really smart young associate,’ according to sources. She has prior experience of working in the wind industry, and is viewed as a key resource for the firm's work in the renewables space.” – Chambers USA, 2012
 
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Becky Hollis Diffen

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Diffen, Becky Hollis

Biography
Becky’s practice focuses on energy transactions, project development, and energy regulatory law. She represents developers, investors, and other energy clients in the renewable energy, power generation, and oil & gas industries on complex transactions including mergers and acquisitions, joint ventures, and project finance. She also has experience in regulatory proceedings before the Public Utility Commission of Texas and advising clients on Texas regulatory law. Becky has over 12 years of experience in the power industry and previously worked as a utility-scale wind power developer. She has been recognized by both Chambers USA and Legal 500, serves as an adjunct professor at the University of Texas School of Law where she teaches a seminar on electric power law, and is a co-author of Texas Wind Law, the first wind law treatise. In addition to her energy practice, Becky also represents clients in a range of private equity and merger and acquisitions deals in the technology industry.


Representative Experience
Renewable Energy
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  • Representing a tax equity investor in a series of investments in utility-scale solar projects in North Carolina
  • Represented a private equity fund in the acquisition of tax equity positions in four portfolios of over 8,000 aggregated rooftop solar projects
  • Represented a solar developer in the negotiation of an option agreement and purchase agreement for the sale of solar energy developments
Power and Energy Storage
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  • Representing a client in the development of an energy storage project in Texas
  • Represented Duke Energy in the negotiation of a new energy storage services agreement for the 36 MW battery project located at Duke's Notrees wind farm
  • Assisted in the representation of Riverstone in its acquisition of 2,649 MW of primarily coal-fired generating plants located in Maryland from Constellation Power Source Generation, Inc.  
Oil and Gas
  • Represented USA Compression in connection with its acquisition of $187 million in compression assets from S&R Compression; Texas Lawyer "Deal of the Week" Recipient, August 2013
  • Assisted in the representation of Clayton Williams Energy in a transaction with a financial investor to monetize its Wolfberry oil and gas reserves, leasehold interests and facilities in Andrews County, Texas for $214 million
  • Assisted in the representation of Peregrine Midstream Partners in connection with the $145 million project financing and development of a natural gas storage facility (35 Bcf working gas capacity) located near the Opal Hub in Wyoming, including the negotiation of the EPC contracts for the project – Project Finance, North American Oil & Gas Deal of the Year, 2011
Mergers and Acquisitions
  • Assisted in the representation of SailPoint Technologies in its acquisition by Thoma Bravo, LLC (pending)
  • Assisted in the representation of Spredfast, Inc. in its stock-for-stock acquisition of Mass Relevance, a technology leader in enabling social marketing experiences for brands and media companies
  • Assisted in the representation of Pharos Capital in its acquisition of Seaside Healthcare, Inc, a behavioral health services provider
Prior results do not guarantee a similar outcome.

Education and Professional Background
  • The University of Texas School of Law, J.D. with honors, 2009 (Editor-in-Chief, Texas Journal of Oil, Gas, & Energy Law; Magister, Phi Delta Phi; Wally Scott Endowed Presidential Scholarship; Tom C. Clark Fellows Scholarship, Phi Delta Phi Balfour Scholarship, Rocky Mountain Mineral Law Foundation Scholarship)
  • Carleton College, B.A. Computer Science, Political Economy (concentration), and Latin American Studies (concentration) magna cum laude, 2004 (Mortar Board National Honor Society, National Merit Scholar, varsity softball)
  • Judicial Intern to The Honorable Paul Green, Supreme Court of Texas, Spring, 2008
  • Admitted to practice: Texas, 2009
Professional Recognition
  • Chambers USA – Associates to Watch in Energy, 2011 - 2014
  • Legal 500 U.S., Energy: Regulatory, 2013
Activities and Affiliations
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  • Adjunct Professor: The University of Texas School of Law, Seminar on Electric Power Law, 2011, 2013
  • Planning Committee: Renewable Energy Institute, The University of Texas School of Law CLE
  • Endowments Chair, Past-President, Founding Board Member, and Founding Fellow: Texas Energy Law Association 
Publications and Presentations
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Becky Hollis Diffen
Associate
2801 Via Fortuna
Suite 100
Austin, TX 78746-7568

Tel  +1.512.542.8737
Fax  +1.512.236.3382
bdiffen@velaw.com

Industries/Practices
Clean Energy

Energy

Project Finance and Development

Energy Regulation

Texas Regulatory

Mergers and Acquisitions

Climate Change

Infrastructure


“Becky Diffen is ‘a really smart young associate,’ according to sources. She has prior experience of working in the wind industry, and is viewed as a key resource for the firm's work in the renewables space.” – Chambers USA, 2012