Rikaela R.J. Greane

Associate

Rikaela R.J. Greane

Associate

Rikaela Greane is an associate and business lawyer with Foley & Lardner LLP, where she is a member of the firm’s Finance & Financial Institutions Practice and Energy Sector. Rikaela advises energy market participants on project debt and tax equity finance, development, and acquisitions, including for multiple utility-scale projects, project portfolios and energy storage. She also regularly works on energy facility build transfer projects. Rikaela has experience assisting clients with a range of energy project documents, including power purchase agreements, REC agreements and construction contracts.

Rikaela also has significant experience with state and federal energy regulation matters, which she draws on to counsel her clients. Her experience includes traditional electric and natural gas utility rate cases and compliance filings, seeking regulatory approval of transmission line projects and seeking regulatory approval of plant constructions, acquisitions and retirements. Rikaela has also advised retail electric and natural gas suppliers on regulatory applications and compliance.

Representative Experience

  • Represented Indiana Michigan Power Company in connection with the build-transfer transaction for the acquisition of a 245 MW solar project located in Indiana
  • Represented sponsor in financing of a 200MW solar and 100MW storage project in New Mexico
  • Represented lead bank in construction term loan facility and syndicated sale leaseback transaction for a portfolio of 15 solar photovoltaic generating projects located in Washington D.C. and New Jersey
  • Represented Appalachian Power Company in connection with its agreement to acquire the 50MW Bedington solar and 5MW Amherst solar projects located in West Virginia and Virginia, respectively
  • Represented lead bank in syndicated construction financing for a portfolio of compressed natural gas fueling stations throughout the United States
  • Represented American Electric Power Company and various of its utility subsidiaries in connection with the negotiation of multiple wind and solar build-transfer transactions

Affiliations

  • Treasurer, Public Utilities Section of the Wisconsin State Bar
14 February 2023 Blogs

RENEW Wisconsin Renewable Energy Summit

Foley recently sponsored the eleventh annual Renewable Energy Summit in Madison, Wisconsin
18 May 2022 Blogs

DOE Announces Transmission Facilitation Program

On May 6, 2022, the U.S. Department of Energy (“DOE”) issued a Notice of Intent and Request for Information (“Notice”) regarding establishment of a Transmission Facilitation Program (“TFP”) to support the construction of electric power transmission lines and related facilities
02 May 2022 Blogs

FERC Proposes New Transmission Planning and Cost Allocation Reform and PJM Announces Interconnection Revamp

On April 21, 2022, the Federal Energy Regulatory Commission (“FERC”) approved a draft proposed rule (the “Proposed Rule”) regarding transmission planning and transmission cost allocation.
24 March 2022 Blogs

Public Utilities Law Update 2022: Bright Horizons in Renewables Development

In March, Foley sponsored the Wisconsin Public Utilities Institute’s annual Public Utilities Law Update. This event covered the regulatory and legislative developments in the Wisconsin utility industry over the past year.
10 February 2022 Blogs

Renewable Energy Summit 2022 – Renewable Energy in Wisconsin and the Upper Midwest

Foley recently sponsored the eleventh annual Renewable Energy Summit in Madison, Wisconsin. The event’s 2022 theme was “All Roads Lead to Clean Energy.”
17 September 2021 Blogs

The Future of Illinois Energy Policy: Renewable Energy Set to Expand

On September 15, 2021, Illinois Governor J.B. Pritzker signed into law the sweeping Climate and Equitable Jobs Act (SB2408), establishing the next steps for Illinois energy policy after years of negotiation.