Jason N. Barglow
Partner
Jason N. Barglow
Partner
Jason Barglow is a partner and real estate and corporate lawyer with Foley & Lardner LLP, and vice chair of the firm’s Real Estate Practice. He is also a member of the Energy Industry team and the Transactions Practice. Jason’s real estate practice includes advising clients with respect to all types of commercial and residential real estate transactions and issues, including acquisitions, dispositions, construction, lending and finance, development and leasing. He possesses experience with respect to all manners of issues arising in connection with the acquisition, sale, financing (both debt and tax equity), construction and development of alternative energy projects, including acquisition of site and development rights and permitting and entitlement issues.
Jason’s transactional practice includes mergers and acquisitions (across a wide range of industries), commercial lending, federal and state securities law compliance for public and private companies, ongoing reporting and disclosure obligations for public companies, equity and debt offerings for public and private companies, advising clients on corporate governance issues, and general corporate representation of both for-profit and nonprofit entities.
Representative Experience
- Represented an international infrastructure fund in the acquisition of a 200MW wind energy project in Texas and the acquisition of five utility scale solar energy projects in North Carolina.
- Represented bank lender in connection with the debt financing of portfolios of utility scale solar energy projects in North Carolina, South Carolina, Georgia and New Jersey.
- Represented an independent power producer with the acquisition, debt financing and tax equity financing of portfolios of eight utility scale solar energy projects in North Carolina and four utility scale solar energy projects in Oregon.
- Represented an independent power producer in the acquisition of a 400MW solar energy project in Texas.
- Represented an international investment fund in the acquisition of a 150 MW solar energy project in California.
- Represented a hotel owner in connection with the mortgage financing of a hotel in Los Angeles, California.
- Represented the seller in the $100 million sale of a meat processing and distribution company in Illinois.
- Represented an appliance manufacturer and distributor in the leasing of warehouse and distribution properties across the United States
- Represented an independent power producer in the acquisition and development of several utility scale solar energy projects in Massachusetts in connection with the SMART program.
- Represented a restaurant company in the leasing and build out of a restaurant in Santa Monica, California.
- Represented investment fund in connection with the acquisition, financing and sale of a 50MW solar energy project in Idaho.
- Represented Guggenheim Baseball Management in its acquisition of the Los Angeles Dodgers, marking the single largest transaction ever for a professional sports franchise. The new ownership group is led by Mark Walter, chief executive officer of Guggenheim Partners; Earvin “Magic” Johnson; Peter Guber; and Stan Kasten, the former president of the Atlanta Braves and Washington Nationals, among others. The transaction was valued at over $2 billion.
- Advised Canadian Solar Inc., one of the world’s largest solar power companies, in its acquisition of Recurrent Energy LLC, a leading North American solar energy developer, from Sharp Corporation for approximately $265 million.
- Represented a Citicorp Global Markets in $290 million purchase of a 130MW wind farm in Northern California. The transaction was structured as a “prepay power purchase agreement” transaction eligible for a $84 million Section 1603 cash grant.
- Represented Citicorp Global Markets in $130 million acquisition of three solar projects in Texas aggregating approximately 30 MW. These transactions were structured as “prepay power purchase agreement” transactions, and were structured to be eligible for Section 1603 cash grants aggregating $35 million.
- Represented Canadian Solar Inc., one of the world’s largest solar power companies, in a $250 million loan agreement with China Minsheng Bank, one of the largest private banks in China.
- Represented SolarReserve LLC and GCL Solar Energy Inc. in the sale of six solar photovoltaic (PV) projects in California to Consolidated Edison Inc. (Con Ed Development). With the addition of these projects, Con Ed will be adding 1,000 MW of solar photovoltaic projects.
- Represented Brite Energy in financing a $200 million Morgan Stanley tax equity fund in residential solar projects in multiple states across the U.S. This investment program in conjunction with MySolar IX, will assist in affordable and clean energy.
- Assisted a leading independent power producer with the acquisition of two solar photovoltaic (PV) energy projects in California. The projects have a nameplate capacity of 70 MW’s.
- Represented a leading independent power producer with the acquisition of six utility scale solar photovoltaic (PV) energy projects in San Diego, California.
- Represented a U.S. subsidiary of a leading independent power producer in the acquisition of four late-stage solar projects in California with a total power capacity of 132 MW’s.
- Represented a leading independent power producer in its acquisition, construction and financing of a 77 MW solar project in Puerto Rico. Once constructed, it will have an estimated value in excess of $275 million.
- Represented a leading independent power producer in its acquisition of a solar project in Puerto Rico with a total nameplate capacity of 21.5 MW’s.
- Represented Goal Zero, a leading manufacturer of portable solar power products, in its acquisition by NRG Energy Inc., a Fortune 250 company and one of the country’s largest solar power developers. Goal Zero has grown by more than 16,000 percent in the past three years, ranking #9 on Inc. 500’s 2013 list of fastest growing private companies in the United States, and will continue to create innovative solar power systems that make portable solar power more accessible to consumers.
- Represented Citicorp Global Markets in construction financing purchase of a 57MW wind farm in Idaho. The transaction was structured as a “prepay power purchase agreement” (or prepay PPA) transaction eligible for a $45 million Section 1603 cash grant. Prepay PPA was funded through tax exempt band financing underwritten by Citi with Foley acting as underwriter counsel.
Awards and Recognition
Jason was selected for inclusion in the 2008, 2010, 2011, 2013, 2014 and 2015 Southern California Super Lawyers-Rising Stars® lists. He was also recognized by The Legal 500 for his work in the area of energy – renewable/alternative in 2013, 2014 and 2015, for his work in the area of real estate in 2014, 2015, and 2016, and for his work in the area of finance – project finance in 2015 and 2016. Jason was recognized by his peers for inclusion in The Best Lawyers in America® for Real Estate Law in 2023 and 2024.
Affiliations
Jason holds a real estate broker license issued by the California Department of Real Estate. In addition, he is certified as a Leadership in Energy and Environmental Design Accredited Professional (LEED AP).
Presentations and Publications
In February 2014, Jason spoke at the Infocast Solar Power Finance Summit and Investment Conference in San Diego. He moderated the panel, “Real World Aspects of Doing a Deal”. Also in February 2014, he served as a guest lecturer for a class at Loyola Law School on alternative energy development and project finance.