Wade

Adam Wade

Partner
Co-Chair, Energy & Climate Practice Group
Boston
Adam Wade's practice focuses on advising clients across a wide range of energy and renewable energy projects and related transactions, including representation of developers, investors, host customers and power purchasers in connection with onshore and offshore wind, solar, fuel cell, stand-alone and solar-integrated battery storage, battery and fuel cell electric vehicle, hydrogen fuel, natural gas, geothermal, biomass, and other electric power projects. In advising clients in these constantly developing areas of law, his experience cuts across multiple disciplines, including corporate and company law, secured finance law, state, federal and local taxation and state and federal regulatory law. Adam’s work for energy consumers includes several engagements for large public companies in several industries, universities and health care institutions in virtual PPA and other energy transactions advancing their climate action plans and ESG disclosures.

Adam previously practiced in California during the early emergence of several significant energy tends now impacting the energy industry, including the rapid growth of IPPs developing merchant or PPA backed energy projects, combined cycle natural gas facilities, the buildout of GWs of portfolios of wind projects, turbine supply, maintenance and service matters, as well as the emergence of third-party DG and large scale solar PV projects, power purchase agreements and solar as a service business models. Since returning home to Massachusetts, Adam has continued to build upon his experience in renewables and emergent energy transactions and technologies, including significant representations involving virtual PPAs for wind and solar, PPA procurement and project development matters for offshore wind, contracts for differences, renewable attributes, net metering transactions, energy storage services, battery electric and hydrogen fuel cell vehicle technologies and the continued integration of customer-focused, distributed, digital and renewable energy business models into services for buildings, energy and transportation markets.

Drawing on this experience, Adam provides practical and constructive support to clients while remaining focused on innovation in developing new business structures and transaction forms to keep up with the rapid pace of change in the industry. 

Education

  • University of Michigan Law School, J.D.
  • Colgate University, B.A., honors

Bar and Court Admissions

BAR ADMISSIONS
  • Massachusetts

Experience

  • Representation of Vineyard Wind LLC in connection with Massachusetts matters for its development of the first utility scale offshore wind project in North America. 
  • Representation of Akamai Technologies, Inc. in two virtual power purchase agreements, one with Infinity Renewables for 8MW of renewable energy from the Seymour Hills wind farm in northwestern Texas and a second with Enel Green Power for the energy produced by an 18 MW portion of the Azure Sky wind project located in Texas.
  • Representation of American Honda Motor, Co., Inc. in connection with matters related to the company’s hydrogen fueling infrastructure investments including loan and other transactions with First Element Fuel, Inc. and in connection with two virtual power purchase agreements, for the combined output of 320 MW of renewable wind and solar generation capacity to cover more than 60% of the electricity that Honda uses in North America; the agreements include a 120 MW purchase of wind power from the Boiling Springs Wind Farm in Oklahoma, a project developed by RWE and 200 MW from the Samson Solar Energy Center Texas solar facility under development by Invenergy, LLC.
  • Representation of Boston University in connection with its purchase a virtual power purchase agreement for 48.6 MW of wind generation capacity from the Triple H Wind Project in South Dakota, developed by Infinity Renewables and now owned by Engie North America. 
  • Representation of Mass General Brigham f/k/a Partners Healthcare Systems, Inc. in connection with several onsite solar and fuel cell generation projects and its power purchase arrangements for 75 percent of the output of the 28.8 MW Antrim Wind Project owned by TransAlta. 
  • Representation of Engie North America in connection with power purchase agreement and related matters with Holyoke Gas & Electric for a 6MW combined community solar and battery energy storage project sited in Holyoke, Massachusetts on the site of the former Mt. Tom coal fired power plant.
  • Representation of Blue Power & Energy S.A. as Borrower in connection with the project financing of its 39.6 megawatt wind project located on the Isthmus of Rivas, Nicaragua.
  • Representation of Honda Motor Co. Inc., in connection with two Solar project funds with SolarCity Corporation.
  • Representation of Soltage, LLC in connection with four separate sponsor-and-tax-equity solar project portfolio financings, including multiple acquisition transactions, partnership agreements, leverage, project contracts and SREC sales transactions.
  • Representation of the developers and owners of community scale wind projects in connection with project development and debt and equity financing, including in connection with turbine supply and procurement, operations and maintenance, power purchase and renewable energy certificate sales agreements and negotiation of construction and permanent loan facilities.

Honors & Involvement

INVOLVEMENT
  • Co-chair, NECA Renewable Energy Committee

Speaking Engagements

  • “24/7 Clean Energy,” Northeast Clean Energy Council (2021)
  • “Meeting Corporate Sustainability and Profit Goals,” New England Legal Foundation Virtual Winter Forum (2020) 
  • “Renewable Energy Strategy & Procurement Workshop,” Boston University/ Green Ribbon Commission (2018) 
  • “Combining Corporates and Cities as Major Renewable Customers,” Horizon18 (2018) 
  • “Finding the Value in Energy Storage,” Northeast Energy and Commerce Association (2017)
  • “Legislative Updates and Financial Impact,” APPA Business & Financial Conference (2016) 
  • “Financial Structuring of Community Solar,” APPA National Conference & Public Power Expo (2016) 
  • "Federal Residential Tax Credit Eligibility for Community-Shared Solar Panel Owners," Clean Energy States Alliance Webinar (2015)
  • "Financing: New Technologies and Project Development," Energy in the Northeast Law Seminars International Conference (2011)
  • "Projects in Massachusetts," Sixth Conference on Clean Energy (2010)
  • "Trends In Renewable Energy Financing," Northeast Sustainable Energy Association's BuildingEnergy Conference (2010)