Andrew Schifrin

Andrew D. Schifrin has been practicing law for more than twenty-five years and focuses his practice on infrastructure and energy-related project development and finance as well as transactional, regulatory and litigation matters.

He represents a broad range of industry participants including investors, developers sponsors, power plant owners, industrial and commercial concerns, lenders and other financial institutions, energy marketing and management companies, manufacturers and service providers.

Andrew has a multidisciplinary transactional practice. He has drafted, negotiated, analyzed, and restructured numerous types of agreements, including those related to infrastructure and power plant development; mergers and acquisitions; joint ventures and investments; off-take agreements (including project agreements [“PPP”], wholesale and retail power purchase agreements [“PPAs”], tolling arrangements, capacity sales agreements and contracts for differences, thermal energy sales and water purchase); operation and maintenance; long-term service agreements; interconnection; fuel supply and storage; transmission; engineering, procurement and construction (“EPC”); design, build, finance and operation agreements; and other contracts associated with the development, acquisition, servicing and operation of infrastructure projects and electric, thermal and desalination plants.

With respect to power, he has extensive experience with a wide variety of power generation technologies, including gas, coal, oil, hydroelectric, wind, solar, biomass, waste-to-energy, cogeneration, fuel cells and other renewable and non-renewable technologies.

In recent years, Andrew has assisted clients with their development of numerous renewable energy facilities, and has helped negotiate more than 1,000 megawatts (“MW”) of executed power purchase agreements for these clients in the United States.

He has led negotiations for numerous clients with respect to utility, corporate and commercial off-take arrangements, including physical transactions (such as PPAs, Tolling Agreements and Hedges) and non-physical transactions. Over the course of his career, Andrew has helped clients in connection with the development of thousands of megawatts of generation.

Representative Matters :

• Cardinal Point LLC, a subsidiary of Capital Power and EPCOR, in connection with its development of a 150 MW wind farm in Illinois.  Andrew led the negotiations of the turbine supply agreement (which was structured as  a safe harbor TSA) and the full services agreement (LTSA) with the GE and worked with Capital Power’s in-house counsel on the EPC Agreement.  The project expects to commence commercial operation by the end of 2019.
• Gaz et L’Energie S.A.C., in connection with its development of the Humay Project, a 500 MW combined cycle gas-fired generating project in the Ica Region of Peru using J-Class technology. Andrew serves as lead development counsel and has led efforts with respect to the project’s securing of development financing from the OEM, negotiating the EPC, turbine supply, LTSA and other project agreements.  This project is expected to commence commercial operation in 2021.
• Hull Street Energy, in connection with its purchase Bayswater and Jamaica Bay, two peakers in Queens, NY that have a long-term PPA with the Long Island Power Authority (“LIPA”).
• The owners of the 750 MW West Deptford Facility, a gas-fired power plant in New Jersey, in connection with an Asset Management Agreement and a Shared Facilities Agreement with LS Power.
• Osaka Gas and Chubu Electric, with respect to matters associated with their purchase of electricity to support their obligations under a tolling agreement for the Freeport LNG Facility.
• Represent numerous paper companies in connection with purchases and sales of electricity and thermal energy, from utilities and other generators, to satisfy their significant energy needs.
• NB Power, in connection with its agreement to purchase power generated by the Mars Hill Wind Facility (owned by UPC Wind) in Maine.
• The Houston Astros, in connection with the purchase of electric and thermal energy from a cogeneration facility, for use in its baseball stadium.
• Represent Prudential Securities, in connection with its procurement of power from the New York Power Authority and the New York City Public Utility Service.

Professional and Community Involvement :

• Energy Bar Association
• Energy Committee of the Association of the Bar of the City of New York
• New York State Environmental Business Association

EDUCATION :

• New York University School of Law, J.D., 1989
• Cornell University, B.S., 1986

BAR ADMISSIONS : Massachusetts, New York