Partner
Project Development, Acquisition and Finance
“While our primary goal is effectively representing our client, structuring financing for a renewable energy project requires a consideration of everyone’s objectives. Regardless of the form of investment, successful project financings are essentially partnerships that must deliver value to all involved.”
Chambers USA, 2015–2026
Michael P. Joyce’s practice focuses on energy and infrastructure finance.
Michael has represented clients in numerous cutting-edge transactions in the energy and infrastructure field, with a particular emphasis on renewable energy sectors such as solar, wind, and storage. He also has considerable experience with geothermal, biomass, coal, gas-fired, and nuclear projects, as well as with joint ventures and the disposition and acquisition of energy and infrastructure assets.
Michael is ranked by Chambers Global and Chambers USA in Projects: Renewables and Alternative Energy. Prior to joining the firm, Michael was a partner in the Los Angeles office of an AmLaw 50 Firm.
Michael is Co-Practice Group Leader of V&E’s Finance practice group.
Blackstone Credit and ClearGen, a Blackstone Credit portfolio company, in the formation of a strategic partnership between ClearGen and GreenStruxure, a Schneider Electric and Huck Capital joint venture, to develop, own and operate up to $500 million of renewable energy microgrid systems for C&I customers
Numerous tax equity investors in their initial investments in utility scale wind, solar, and storage projects including—with respect to solar and storage—commercial, industrial, and residential assets, utilizing partnership flip transactions, sale leaseback, and inverted lease structures
MN8 Energy in connection with the acquisition from Recurrent Energy and the development, debt and term financing of a 300MW solar photovoltaic (PV) plus 140.25MW/561MWh storage project in California. The project will sell power pursuant to 5 separate power purchase agreements, 4 of which include energy storage
A major financial institution as tax equity investor in the financing of a 520MW combined photovoltaic (PV) solar and battery storage facility in ERCOT, a portion of the output of which is to be sold under a hedge with the balance of the energy and the storage component being utilized on a merchant basis
Goldman Sachs Renewable Power in the acquisition, joint development, and tax equity financing of a several hundred megawatts of shovel-ready C&L solar and solar-plus-storage projects across the United States
Numerous tax equity investors in tax equity financing of various wind repowering projects throughout the United States
Cypress Creek in a mezzanine debt facility, a preferred equity issuance, and recapitalization intended to optimize its capital structure as part of its long-term growth strategy
Tax equity investors and sponsors in the financing of numerous solar and wind projects selling power to Community Choice Aggregators
Multiple tax equity investors in the sale and leveraged lease-back of wind, solar and geothermal projects
A sponsor in the cash equity financing of several portfolios of residential and commercial solar projects with different financing parties
A leading solar developer in connection with a sale of operating assets and subsequent sale of the company
Education
Admissions
Client Alerts
New Administration: Key Energy Issues Tied to Executive Orders
After little more than a week in office, there is still plenty of speculation, but priorities of the Trump 2.0 Administration are becoming more concrete.
January 29, 2025 • V&E Energy Update
January 29, 2025 • 19-minute read
Event Recaps
Vinson & Elkins’ Energy Transition & Inflation Reduction Act Conference
On November 7, Vinson & Elkins hosted an Energy Transition and Inflation Reduction Act (IRA) Conference in its New York office.
November 7, 2024
November 7, 2024 • 2-minute read
Event Recaps
Vinson & Elkins’ Energy Transition and Inflation Reduction Act Conference
Vinson & Elkins was delighted to host its First Annual Energy Transition and Inflation Reduction Act Conference.
May 8, 2024
May 8, 2024 • 1-minute read
Event Recaps
RNG Coalition Webinar: Tax Credits 101 and Credit Market Update
Partners Alan Alexander, Lauren Collins, Michael Joyce, Jorge Medina and Sean Moran and associate Hoo Ray delivered a webinar titled "RNG Tax Credits 101 and Credit Market Update".
January 31, 2024
January 31, 2024 • 1-minute read
Client Alerts
Renewable Energy SmartPod: Climate Week Kicks Off and the Inflation Reduction Act Turns One
Climate Week is about to kick off in New York, so Lauren Collins and Michael Joyce, both partners at the law firm of Vinson & Elkins, join the show to talk about what to expect from Climate Week, what kinds of news and announcements they will be keeping an eye on and how the overall conversation about Climate Week — and climate coverage in general — has evolved over the years.
September 18, 2023 • Published by Renewable Energy SmartPod
September 18, 2023 • 1-minute read
