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Edward (Ed) Zaelke is the global co-head of the Energy & Project Finance Practice. He focuses his practice on project finance and private equity in renewable energy transactional matters. With more than 30 years of experience, he advises clients on all elements of alternative energy development and finance, including equity and debt financing, merger and acquisition transactions, equipment purchase and sale agreements, power purchase agreements, siting and other real property issues, governmental approvals, and engineering, procurement and construction (EPC) contracts. Read Ed Zaelke's full bio
Key Takeaways | In the Room Where It Happened
By Carl J. Fleming and Edward Zaelke on Aug 29, 2022
Posted In Renewables, Tax, U.S. Congress
On August 25, McDermott Will & Emery kicked off its latest 10-part weekly webinar series focused on navigating the new energy landscape following the enactment of the Inflation Reduction Act of 2022 (the Act)—the largest and most important climate action in US history. During the first webinar, McDermott Partners Carl Fleming and Edward Zaelke hosted...
Five Key Takeaways from the Green Transportation Panel at the US and UK Climate Change Business Forum
By Edward Zaelke on Oct 1, 2021
Posted In EU Developments, Natural Gas, Project Development and Finance, Renewables
On September 22, 2021, partner Edward Zaelke moderated a panel on green transportation at the US Embassy in London during the US and UK Climate Change Business Forum, Winning the Race to Zero: Journey to COP26. Panel guests included Richard Currie, Senior Director of Public Affairs for UPS; Jamie Heywood, Regional General Manager, Northern &...
Key Takeaways | How Traditional Energy Funds are Shifting Toward Green Energy: A Conversation with Encap Investments and Quantum Energy Partners
By Edward Zaelke and Parker A. Lee on Jun 10, 2021
Posted In Project Development and Finance, Renewables
The energy market has undergone significant change in the past 12 months, with even more on the horizon. Our webinar series explores how these changes have shaped—and will continue to impact—the energy industry, including discussions of what’s to come. Our latest webinar featured McDermott partners Edward Zaelke and Parker Lee, as well as Shawn Cumberland,...
Key Takeaways: Decoding the Future Value of Behind-the-Meter Load for Cryptocurrency and Computing: A Conversation with Compute North Executives
By Edward Zaelke and Christopher Gladbach on May 6, 2021
Posted In Power Markets, Renewables
On May 5, McDermott Will & Emery partners Ed Zaelke and Chris Gladbach hosted P.J. Lee, Dave Perrill and Jeff Jackson of Compute North to discuss the relationship between the rapidly expanding computing and cryptocurrency industries and the power sector. Below are the key takeaways from the webinar: Compute North’s business model focuses on the...
Why 2030 is the New 2050 after the Leaders Climate Summit and What President Biden’s Accelerated Transition to a Sustainable Economy Means for Renewables Developers, Investors and Corporates
By Carl J. Fleming, Edward Zaelke, Heather Cooper, Philip Tingle, Elle Hayes and Seth B. Doughty on Apr 28, 2021
Posted In Project Development and Finance, Renewables, Tax, U.S. Congress
2030 is the new 2050 as US President Joe Biden has officially set a new goal for fighting climate change over the next decade in the United States. At the Leaders Climate Summit (the Summit) on Earth Day, he announced that America would aim to cut its greenhouse gas emissions at least 50% below its...
The Energy Market in 2021: From Crisis to Opportunity | Reenergizing after the Storm
By Edward Zaelke and Carl J. Fleming on Mar 22, 2021
Posted In Enforcement Defense, Environmental, Power Markets, Project Development and Finance, Renewables
The energy market has undergone significant change in the past 12 months, with even more on the horizon. Our webinar series explores how these changes have shaped—and will continue to impact—the energy industry, including discussions of what’s to come. Our latest webinar featured FTI Consulting’s Chris LeWand, Global Power & Renewables Leader and RJ Arsenault,...
Five Takeaways: The Energy Market in 2021 – From Crisis to Opportunity
By Edward Zaelke and Christopher Gladbach on Feb 15, 2021
Posted In Enforcement Defense, FERC, Power Markets, Renewables, Tax, U.S. Congress
The energy market has undergone significant change in the past 12 months, with even more on the horizon. Our webinar series explores how these changes have shaped—and will continue to impact—the energy industry, including discussions of what’s to come. Our latest webinar featured Greg Wetstone, president and CEO of the American Council on Renewable Energy...
Five Takeaways: Utility Acquisition of Renewable Projects – A Discussion of the Legal and Tax Issues Regarding Utilities, Developers and Tax Equity
By Heather Cooper, Carl J. Fleming, Christopher Gladbach, Debra A. Harrison, Joel A. Hugenberger, Philip Tingle and Edward Zaelke on Dec 4, 2020
Posted In Power Markets, Project Development and Finance, Renewables, Tax
Increasingly, utilities are replacing older generation fleets with more cost-effective generation technologies. Renewables are cost-competitive alternatives in this effort for a number of reasons, including the current tax incentives. A utility’s acquisition of a renewable asset presents many issues not otherwise present in a non-utility acquisition, particularly if the utility intends to include its investment...
Six Takeaways: Developing and Financing Offshore Wind – Challenges and Opportunities
By Christopher Gladbach and Edward Zaelke on Sep 18, 2020
Posted In Power Markets, Renewables
McDermott hosted James McGinnis, managing director at PJ Solomon, and Salvo Vitale, country manager at US Wind, on September 17 for an interactive discussion on the US offshore wind market. Below are key takeaways from this week’s webinar. 1. The challenges facing the US offshore wind industry are similar to challenges that are faced with...
Six Takeaways from Wind Turbine Vendor Update: A Conversation with GE Renewable Energy
By Edward Zaelke, Lloyd J. MacNeil and Seth B. Doughty on Jul 31, 2020
Posted In Power Markets, Project Development and Finance, Renewables
McDermott hosted GE Renewable Energy North America Services Sales Leader Ben Stafford, Commercial Director of Onshore Wind for the North Region Rob Bienick and Commercial Director of Onshore Wind for the West Region Matt Lynch on July 30 for a discussion about COVID-19’s impact to turbine supply chain and construction, the effects of the Production...