John Donaleski

Partner, New York

Biography

Overview

John is a partner in the Firm's Global Project Development and Finance Practice. His practice focuses on complex financings for energy and infrastructure assets. John represents sponsors and financial institutions in financings of energy and infrastructure assets and platforms, with a particular focus on structuring project financings for renewable power and energy transition assets, such as solar, wind, battery storage and geothermal facilities, conventional power, digital infrastructure and oil & gas assets. Notably, John is well-versed in debt financing structures for renewables assets that facilitate the monetization of tax credits, whether through tax equity or tax credit transfers.

John's experience includes financings at all stages in the project lifecycle, from development to construction and beyond, working with clients to structure financing solutions for early-stage development project portfolios, as well as construction and operation stage assets and portfolios.

John is recognized as a "Recommended Lawyer" for Project Finance: Energy and Power as well as for Project Finance: Infrastructure and PPP by Legal 500 US.

Bars and Courts
New York
Education
JD
University of Texas School of Law
BA
Rice University
Languages
English

Experience

Representative experience includes:

  • Zelestra on the approximately US$115 million construction/term and tax credit bridge and LC facility financing led by Santander for an 82 MW solar facility in Jasper County, Indiana, supported by a META subsidiary PPA.*
  • Greenalia on the approximately US$700 million construction/term and tax credit bridge and LC facility financing led by MUFG and Nomura for the 430 MW Misae II solar facility in Childress County, Texas, supported by Toyota subsidiary PPAs.*
  • Doral Renewables on the approximately US$150 million construction/term and tax credit bridge and LC facility financing led by HSBC for the 48 MW Great Bend solar facility in Meigs County, Ohio, supported by a Constellation Energy PPA.*
  • DSD Renewables on the US$150 million portfolio construction revolver financing led by Rabobank to support the construction of FNTP-ready distributed generation (DG) solar facilities in the commercial and industrial (C&I) market, and on the US$140 million portfolio construction revolver financing led by Santander to support the development of pre-NTP DG solar facilities in the C&I market.*
  • Catalyze on the US$400 million portfolio construction and term loan warehouse financing from ATLAS SP Partners to support the construction of FNTP-ready DG solar facilities in the C&I market.*
  • CleanCapital on the approximately US$75 million construction/term and tax credit bridge and LC facility financing led by First Citizens for a 25 MW portfolio of DG solar facilities in the C&I market located in Maryland.*
  • Fervo Energy on the US$120 million term loan and LC facility from Mercuria to support the development of pre-NTP geothermal facilities in the US.*
  • Onward Energy (f/k/a Southwest Generation) on the US$400 million investment-grade US 4(a)(2) private placement and working capital and LC facility acquisition financing led by SMBC, CIBC, Natixis and Santander in connection with the 760 MW Mankato Energy Center conventional power facility located in Blue Earth County, Minnesota, supported by tolling agreements with Xcel Energy subsidiary Northern State Power.*
  • Intersect Power on the US$1.4 billion holdco financing for a portfolio of 2.3 GWdc of late-stage solar projects with 1.8 GWh of storage. Named Americas ESG Deal of the Year by Project Finance International, North American Solar Deal of the Year by Proximo and Deal of the Year by Energy Risk Awards.*
  • Clearway Energy on the investment-grade US 4(a)(2) private placement back-leverage / holdco refinancing of a 585 MW portfolio of solar facilities in Utah. Named Project Bond of the Year by Power Finance and Risk.*
  • Sustainable Development Capital (SDCL) on the US$178 million term loan and LC facility refinancing by its affiliate Primary Energy led by Apterra Infrastructure Capital in connection with a 298 MW portfolio of waste head-to-power facilities, supported by energy-as-a-service (EaaS) contracts with co-located steel mills owned by ArcelorMittal and U.S. Steel.*
  • Power Sustainable Infrastructure Credit on the CAD$85 million delay draw capex facility financing to Canadian Fiber Optics Corporation (CFOC) to support the build-out of broadband internet in rural Western Canada.*

*Denotes attorney experience gained prior to joining White & Case.

Awards and Recognition

Recommended Lawyer – Project Finance: Energy and Power
The Legal 500 2024

Recommended Lawyer – Project Finance: Infrastructure and PPP 
The Legal 500 2024