Edward D. Einowski 
Partner
Portland, OR
(503) 294-9235 Direct
(503) 220-2480 Fax

eeinowski@stoel.com


Download vCard
Practice Areas

Industries

News

Resources

Publications

Edward D. Einowski

Experience

Ed Einowski is a partner at Stoel Rives LLP where he specializes in renewable energy project finance and development. He was selected as a "Leader in the Field" by Chambers Global (Projects: Renewables & Alternative Energy - USA), 2011 and is listed in Best Lawyers in America® and ranked among leading renewable energy attorneys by Chambers USA and Chambers Global. Chambers describes him as a lawyer who combines "a great knowledge of the law with a practical and efficient approach." He represents developers (including biomass, wind, solar, hydro and geothermal), primary investors, tax-equity investors, biofuel producers, investment banking firms, commercial banks and other financial institutions. He has handled project financings and related work throughout the United States, from West Virginia to California. He frequently publishes articles on renewable energy and is a prominent speaker at renewable energy conferences in the United States and internationally.

Representative Work

Ed has handled a number of highly specialized project-related transactions, including tax-advantaged U.S. leveraged leases, cross-border leases and public-private partnerships for the joint development and financing of major infrastructure projects. His project finance work covers a broad range of infrastructure projects, including:

 

  • ethanol and biodiesel plants
  • electric generation facilities:
    • gas-fired CT projects
    • wind farms
    • waste wood and hog fuel burners
    • landfill gas to electricity
    • solid waste to energy
    • solar projects
  • light rail and other mass transit facilities
  • airports, docks and wharfs
  • water and sewer utilities
  • solid waste disposal facilities
  • hospital and health care facilities
  • housing projects
  • higher education facilities
  • manufacturing facilities, commercial office buildings and retail facilities ranging from regional shopping malls to automobile assembly plants

Professional Honors & Activities

  • Selected as a "Leader in the Field" by Chambers Global (Projects: Renewables & Alternative Energy - USA), 2011
  • Selected as one of "America's Leading Lawyers for Business" (Nationwide) by Chambers USA (currently: Projects: Renewables & Alternative Energy), 2010-2014
  • Listed in Best Lawyers in America® (currently: Municipal Law, Public Finance Law), 2009-2014
  • Former member of the State of Oregon Municipal Debt Advisory Commission (initially appointed by Governor Kitzhaber), 1999-2007
  • Editor-in-Chief and Editor Emeritus, Municipal Finance Journal
  • Member, National Association of Bond Lawyers
  • Member, American Bar Association
  • Steering Committee member, National Association of Bond Lawyers, 1991-1993
  • Associate member, Oregon Municipal Finance Officers Association

Presentations

Ed is a regular speaker on various renewable energy topics at national and local conferences. Recent speaking engagements include:

  • Moderator, "Merger & Acquisitions - Case Studies," AWEA Wind Energy Finance & Investment Seminar, New York, New York, Sept. 9 - 10, 2013
  • "Opportunities for Wind Going Forward," Infocast's Wind Power Finance & Investment Summit, San Diego, California, Feb. 5-7, 2013
  • Moderator, "Natural Gas: Promise and Uncertainty," Infocast's 5th Annual Projects & Money 2013, New Orleans, Louisiana, Jan. 15-17, 2013
  • "Impact of PPA Terms and Provisions on Project Bankability," Infocast's Project Finance: The Tutorial, New York, New York, Sept. 19-21, 2012
  • "Commercial Issues and Risk Allocation in Project Documentation," Infocast's Project Finance: The Tutorial, New York, New York, Mar. 21-23, 2012
  • "Who Will the Players Be Going Forward?," Wind Power Finance & Investment Summit, San Diego, California, Feb. 8-10, 2012
  • Chair, Wind & Solar Integration Summit, Phoenix, Arizona, Jan. 18-20, 2012
  • Summit Chair, U.S.-China Wind 2011, San Francisco, California, Dec. 13-15, 2011
  • "Renewable Energy Power Generation Technology Transmission & Grid Integration," The Renewable Energy Technology Conference & Exhibition, Washington, D.C., Sept. 22, 2011
  • "Biomass Feedstock Agreements," EUCI Webinar, Aug. 9, 2011
  • "Compressed Air Energy Storage: Lessons Learned from Natural Gas Tolling," EUCI Webinar, July 21, 2011
  • "Workshop on Investment in U.S. Renewable Energy Projects: Business and Legal Environments," Investment in U.S. Wind Industry by Chinese Companies, Beijing, China, June 30, 2011
  • "Solar EPC and Long-Term Component Supply," EUCI Renewable Energy Series Webinar, Mar. 28. 2011
  • Moderator, "Tax Equity Financing for Renewables," Stoel Rives Webinar, Mar. 16, 2011
  • "Legal Issues in Project Finance," Infocast's Executive Education Series, Feb. 16-17, 2011
  • "Managing Curtailment and Integration Issues in the PPA: Solutions for Making Projects Viable and Financeable," Wind & Solar Integration Summit, Scottsdale, Arizona, Jan. 25, 2011.
  • Summit Chair, U.S.-China Wind 2010: Building Strategic Cooperation, San Francisco, California, Dec. 7-9, 2010
  • "Invest in America Capability Building Workshop – Renewable Energy-Wind Power," Beijing Wind Conference, Beijing, China, Dec. 6, 2010
  • "Key Incentives for Biomass Fuels," Biomass to Fuels Summit, Vancouver, Washington, Oct. 12-13, 2010
  • "When Worlds Collide: The Wind Build-Transfer Agreement in Myth and Reality," AWEA Windpower 2010 Conference & Exhibition, Dallas, Texas, May 23-26, 2010
  • Moderator, "Optimizing the Benefits of Tax Incentives in Financing Renewable Energy" (webinar), Mar. 31, 2010
  • Moderator, "Impact of State RPS's and the Prospect of a Federal RPS on What Utilities are Doing in Terms of Purchasing the Output of Wind Farms" (webinar), Jan. 27, 2010
  • "The Challenge of Financing Hydrogen Projects," NHA Renewable Hydrogen Workshop, Long Beach, California, May 3-6, 2010
  • "Case Study: Optimizing Grants and Subsidized Loans in Hydro Financing," National Hydropower Association's Regional Meeting, Juneau, Alaska, Mar. 11-12, 2010
  • Workshop Chair for Pre-Summit Workshop on Structuring Your Wind Project Financing, and Moderator for Panel on Independent Wind Developers' Perspectives on Wind Financing and Development, Infocast's Wind Power Finance & Investment Summit, San Diego, California, Feb. 10-12, 2010.
  • Moderator for Panel on Power Purchase Agreements: State of the Art, Financial Research Associates, LLC's 4th Annual Renewable Energy Finance & Investment Summit, Miami, Florida, Sept. 14–16, 2009
  • "Special Issues in Renewable Project Non-Financial Contracts," Infocast's Project Finance: The Tutorial, New York City, New York, July 20-22, 2009.
  • Moderator for Panel on Regulatory and Transmission Issues for Renewable Energy Projects, Law of Renewable Energy, EUCI Webinar, June 15, 2009.
  • Moderator for Panel on EPC, Major Component, Construction and Balance of Plant Contracts for Renewable Energy Projects, Law of Renewable Energy, EUCI Webinar, June 8, 2009
  • Moderator for Panel on Siting and Permitting for Renewable Energy Projects, Law of Renewable Energy, EUCI Webinar, June 1, 2009
  • Moderator for Panel on Power Purchase Agreements for Renewable Energy Projects, Law of Renewable Energy, EUCI Webinar, May 18, 2009
  • Moderator for Panel on Real Estate and Site Rights for Renewable Energy Projects, Law of Renewable Energy, EUCI Webinar, May 11, 2009
  • "Co-locating Renewable Energy Technologies: Shaping Production, Securing Our Clean Energy Future," American Wind Energy Association Conference and Trade Show, Chicago, Illinois, May 4-7, 2009
  • Moderator for Panel on Tax and Project Finance Structuring Issues for Renewable Energy Projects, Law of Renewable Energy, EUCI Webinar, Apr. 27, 2009
  • "Hydrogen Finance Workshop" (workshop leader), National Hydrogen Association's Conference and Hydrogen Expo, Columbia, South Carolina, Mar. 30-Apr. 3, 2009
  • "Consolidation and M&A in the Wind Industry," Infocast's Wind Finance & Investment Summit, San Diego, California, Feb. 11-13, 2009
  • "Equity Investor's Perspectives on the Biomass Market," Infocast's Biomass Finance & Investment Summit, Coral Gables, Florida, Jan. 26-29, 2009
  • "Debt Issues in Wind Finance," AWEA Wind Finance & Investment Summit, New York City, New York, Oct. 6-7, 2008
  • "Renewable Hydrogen Finance," National Hydrogen Association's Renewable Forum, Golden, Colorado, Sept. 22-24, 2008
  • "Tax Equity Transactions for Renewable Energy Projects," 3rd Annual Renewable Energy Finance & Investment Summit, Scottsdale, Arizona, May 19-21, 2008
  • "Project Finance," International Biomass '08 Conference & Trade Show, Minneapolis, Minnesota, Apr. 15-17, 2008
  • "Trends in Mergers and Acquisitions in the Wind Industry," Wind Power Finance & Investment Summit, San Diego, California, Feb. 6-8, 2008
  • "Project Finance," The Biomass Finance & Investment Summit, Miami, Florida, Jan. 22-23, 2008

Publications

  • "An Instrument Emerges to Finance Projects -- 'Yieldcos' are poised to become an important vehicle to raise capital for renewable generation," (with Gregory F. Jenner), The National Law Journal, Apr. 2014
  • "PTC Extension: The 2013 Wind Challenge," Law 360, Jan. 2013
  • "Contemplating a PTC-Less Era: Prudent or Insane?," North American Windpower, June 2012
  • "China And The U.S.: Adversaries Or Allies?," North American Windpower, Nov. 2011
  • "Section 4 – Power Purchase Agreement" (author) and "Section 6 – Financing" (coauthor), Case Study: A Wind Development Project in the State of California, Stoel Rives LLP, June 2011 (PDF - available in English and Chinese)
  • "Project Finance for Marine and Hydrokinetic Power Projects," The Law of Marine and Hydrokinetic Energy: A Guide to Business and Legal Issues, Stoel Rives LLP, Vol. 4, 2011 (formerly The Law of Ocean and Tidal Energy)
  • "Outlook for PPAs: Near-Term Forecast Remains Uncertain," North American Windpower, Jan. 2011
  • "Post Cash Grants, Developers Mull Financing Options" (with David Benson), North American Windpower, May 2010
  • "Dealing With Impact of Rising Oil Prices on Biomass Projects" (with Katherine A. Roek), Natural Gas & Electricity, Sept. 2008
  • "Risk Shifting Major Element in Project Finance for Renewables" (with Katherine A. Roek), Natural Gas & Electricity, Oct. 2007
  • "Investing In Renewable Energy" (with Kevin T. Pearson), The Energy and Utilities Project, Vol. 5, 2005
  • "Project Finance for Wind Power Projects," The Law of Wind, Stoel Rives LLP, 2003-2011
  • "Preventing Further Restrictions on Tax-Exempt Obligations," 8 Municipal Finance Journal 3, 1987
  • "Private Purpose Tax-Exempt Financing in Oregon," Oregon Business and Corporate Law Digest, Feb. 1985
  • "Response to the Treasury Tax Reform Proposal: The Need for Flexibility in Determining the Business of Government," 6 Municipal Finance Journal 73, 1985
  • "Tax Reform, Federalism, and State Sovereignty," 7 Municipal Finance Journal 91, 1986

Education

  • University of Michigan Law School, J.D., 1978, cum laude
  • University of Michigan Residential College, B.A., 1975, summa cum laude

Admissions

  • Oregon
  • Michigan

Print to Word
Subscribe(800)88-STOELContact UsSite Map
Non Mobile
Office Locations | Subscribe