Mark is part of the firm's Energy & Clean Technology Practice, which serves more than 250 clients. Since 2006, the firm’s Energy & Clean Technology Practice has completed more than 300 transactions in this sector totaling over $7 billion. In 2013 the firm was listed among the “Top 10 Clean Technology Firms" by Euromoney’s LMG Cleantech & Renewable Energy. The Energy & Clean Technology Practice has been ranked #2 nationally among top Clean Technology law firms, according to Watershed Capital Group, and the practice was listed as a “Best Law Firm” by U.S. News & World Report, both in Boston and nationally.
Mark primarily focuses on U.S. and international project finance and private placement representation of renewable and conventional energy, clean technology, environmental and infrastructure clients. His clients principally represent developers, lenders, EPCs, O&Ms, equipment providers, private equity, venture capital and infrastructure funds.
In his more than 35 years of practice, Mark has represented clients in all aspects of domestic and international energy and infrastructure project development and financing including the negotiation and drafting of fuel, power, EPC, O&M, concession, other infrastructure, and debt and equity contracts; mergers and acquisitions; investment fund structuring and related investments therefrom; private placement structuring and related venture capital and private equity contracts; and compliance with related regulatory and legislative issues. He also has represented clients in international disputes before U.S. and foreign agencies, dealing with matters such as export controls, sanctions, and anti-bribery related to these transactions. Before joining Mintz Levin, Mark was a partner at another prominent national law firm, where he led two practice groups focusing on Renewable Energy and Clean Technology and India and South Asia.
Mark has counseled renewable and conventional energy clients doing business in more than 50 countries, including Argentina, Bangladesh, Brazil, Chile, China, Costa Rica, Cote d’Ivoire, the Czech Republic, Dominican Republic, Egypt, El Salvador, Haiti, Hungary, India, Indonesia, Iraq, Israel, Jamaica, Kazakhstan, Malaysia, Mauritius Islands, Mexico, Nepal, Nigeria, Oman, Pakistan, Panama, Philippines, Poland, Russia, South Korea, Sri Lanka, Taiwan, Thailand, Turkey, the United Arab Emirates, and Venezuela.
Mark is a Founder and General Counsel of the American Council On Renewable Energy (ACORE), the largest domestic and international association of renewable energy and clean tech businesses. He has led the DC Technology Funders, a monthly breakfast meeting that brings together up to 40 venture capital and private equity funders for presentations by new clean tech companies seeking funding. Mark also has served as General Counsel and a longtime board member for the US-India Business Council, the largest US-India business association.
Representative Matters
- Representing a U.S. energy company in the project financing of a $2 billion natural gas-to-liquids project with related processing units, pipelines and other infrastructure in Africa
- Representing a U.S. company in the project financing of a $7.7 billion natural gas-to-clean jet fuel project with related solar power, pipelines, water desalinization and other infrastructure in the Southwest U.S. As part of this representation, the largest volumetric and longest term biojet offtake agreement has been executed, with three similar agreements in negotiation and drafting
- Representing a U.S. company in the project finance of $850 million waste-to-green gasoline projects in Massachusetts and California
- Represented a U.S. biogasification client in the closing of a Series B funding round
- Represented a U.S. advanced biofuels company in the closing of a Series C funding round
- Representing a micro wind turbine manufacturer in a 1500 unit equipment finance in India
- Representing a U.S. biogasification company in the project financing of facilities in Hungary, Poland and India
- Represented 12 out of 12 U.S. and foreign energy company clients to the exclusion of all FY2010 and FY2011 applicants in reaching the finals and then 10 of those finalists, to date, to become awardees of USDA conditional loan guarantees for U.S.-based integrated advanced biofuel and biochemical refineries, including biopower plants. Of these awards, 3 are financially closed using first-ever credit enhanced project bonds and 7 are in closing mode as part of a series of project financings
- Represented 4 out of 4 client awardees in the receipt of U.S. Navy Phase 1 investments for first commercial biojet projects with 5 total awards out of more than 100 RFP applications, as part of the initial rounds of project financings
- Represented a public U.S. biopower company in the acquisition of 1.5 MW and 18 MW biomass-to-power facilities in India
- Represented more than 15 U.S. and European energy companies in renewable power and advanced biofuels grants and energy loan guarantee award transactions before the DOE
Representing a consortium of U.S. advanced biofuels companies in the creation of an EPA qualified biomass feedstock pathway between Canada and the U.S.
- Representing a U.S. advanced biofuels company in the creation of a U.S. biomass pathway
- Represented a U.S. advanced biofuels client in the qualification of a new fuel pathway for renewable gasoline
- Represented a U.S. energy company in securing a DARPA R&D grant for a new alcohol-to-jet certification
- Represented a small U.S. water treatment company in the donation and installation of five solar-powered water treatment units in Haitian hospitals as part of the Haiti Earthquake Relief Effort
- Represented a U.S. solar corporation in the development and project finance of a 100 MW solar power project in India
- Representing a U.S. geothermal corporation in the development and project finance of geothermal power projects in the US Virgin Islands, Dominican Republic, Chile, and Texas and California
- Represented a major U.S. agricultural processing company in multiple transactions involving the purchase, dehydration, and sale of fuel ethanol between Latin America and the United States
- Represented two major U.S. and European funds in their Series A equity investment into a Mauritius hydroelectric holding company for further investments into multiple Indian hydroelectric projects as part of related project financings
- Represented two major U.S. real estate firms and a Mauritius investment fund in their Series A investment into an Indian real estate development company for the development and construction of an integrated residential and IT township
- Represented a U.S. oil trading company in the manufacture of 5,125 solar-powered water purification units for installation in India, Greece, and various countries in Africa and Latin America
- Represented a U.S. venture capital client in the acquisition, finance, and conversion of a vegetable oil processing plant into a 50 million gallon per year biodiesel manufacturing facility in India — the first financial closing of a biodiesel project in India
- Represented a major Indian private equity company in its investment into a 30 million gallon per year biodiesel facility in India — the second financial closing of a biodiesel project in India
- Represented a major U.S. construction company in the project finance of the 2600 MW LNG-fired Dabhol power project, LNG port, two LNG regasification units, desalinization plant, pipelines and related infrastructure in India
Recognitions & Awards
- Martindale-Hubbell AV Preeminent - 16 consecutive years
- Biofuels Digest: Top 100 Bioenergy Leaders in the World (2011 – 2012, #67, 2012 – 2013, #50)
- 2012 Legal Leaders Award for Business and Commercial Law
- Phi Beta Kappa
- Phi Eta Sigma
Professional & Community Involvement
- Founder and General Counsel, American Council On Renewable Energy (ACORE)
- Board Member Emeritus and General Counsel, US-India Business Council
- Vice Chair, American Bar Association Project Finance Committee
Mark is part of the firm's Energy & Clean Technology Practice, which serves more than 250 clients. Since 2006, the firm’s Energy & Clean Technology Practice has completed more than 300 transactions in this sector totaling over $7 billion. In 2013 the firm was listed among the “Top 10 Clean Technology Firms" by Euromoney’s LMG Cleantech & Renewable Energy. The Energy & Clean Technology Practice has been ranked #2 nationally among top Clean Technology law firms, according to Watershed Capital Group, and the practice was listed as a “Best Law Firm” by U.S. News & World Report, both in Boston and nationally.
Mark primarily focuses on U.S. and international project finance and private placement representation of renewable and conventional energy, clean technology, environmental and infrastructure clients. His clients principally represent developers, lenders, EPCs, O&Ms, equipment providers, private equity, venture capital and infrastructure funds.
In his more than 35 years of practice, Mark has represented clients in all aspects of domestic and international energy and infrastructure project development and financing including the negotiation and drafting of fuel, power, EPC, O&M, concession, other infrastructure, and debt and equity contracts; mergers and acquisitions; investment fund structuring and related investments therefrom; private placement structuring and related venture capital and private equity contracts; and compliance with related regulatory and legislative issues. He also has represented clients in international disputes before U.S. and foreign agencies, dealing with matters such as export controls, sanctions, and anti-bribery related to these transactions. Before joining Mintz Levin, Mark was a partner at another prominent national law firm, where he led two practice groups focusing on Renewable Energy and Clean Technology and India and South Asia.
Mark has counseled renewable and conventional energy clients doing business in more than 50 countries, including Argentina, Bangladesh, Brazil, Chile, China, Costa Rica, Cote d’Ivoire, the Czech Republic, Dominican Republic, Egypt, El Salvador, Haiti, Hungary, India, Indonesia, Iraq, Israel, Jamaica, Kazakhstan, Malaysia, Mauritius Islands, Mexico, Nepal, Nigeria, Oman, Pakistan, Panama, Philippines, Poland, Russia, South Korea, Sri Lanka, Taiwan, Thailand, Turkey, the United Arab Emirates, and Venezuela.
Mark is a Founder and General Counsel of the American Council On Renewable Energy (ACORE), the largest domestic and international association of renewable energy and clean tech businesses. He has led the DC Technology Funders, a monthly breakfast meeting that brings together up to 40 venture capital and private equity funders for presentations by new clean tech companies seeking funding. Mark also has served as General Counsel and a longtime board member for the US-India Business Council, the largest US-India business association.
Representative Matters
- Representing a U.S. energy company in the project financing of a $2 billion natural gas-to-liquids project with related processing units, pipelines and other infrastructure in Africa
- Representing a U.S. company in the project financing of a $7.7 billion natural gas-to-clean jet fuel project with related solar power, pipelines, water desalinization and other infrastructure in the Southwest U.S. As part of this representation, the largest volumetric and longest term biojet offtake agreement has been executed, with three similar agreements in negotiation and drafting
- Representing a U.S. company in the project finance of $850 million waste-to-green gasoline projects in Massachusetts and California
- Represented a U.S. biogasification client in the closing of a Series B funding round
- Represented a U.S. advanced biofuels company in the closing of a Series C funding round
- Representing a micro wind turbine manufacturer in a 1500 unit equipment finance in India
- Representing a U.S. biogasification company in the project financing of facilities in Hungary, Poland and India
- Represented 12 out of 12 U.S. and foreign energy company clients to the exclusion of all FY2010 and FY2011 applicants in reaching the finals and then 10 of those finalists, to date, to become awardees of USDA conditional loan guarantees for U.S.-based integrated advanced biofuel and biochemical refineries, including biopower plants. Of these awards, 3 are financially closed using first-ever credit enhanced project bonds and 7 are in closing mode as part of a series of project financings
- Represented 4 out of 4 client awardees in the receipt of U.S. Navy Phase 1 investments for first commercial biojet projects with 5 total awards out of more than 100 RFP applications, as part of the initial rounds of project financings
- Represented a public U.S. biopower company in the acquisition of 1.5 MW and 18 MW biomass-to-power facilities in India
- Represented more than 15 U.S. and European energy companies in renewable power and advanced biofuels grants and energy loan guarantee award transactions before the DOE
Representing a consortium of U.S. advanced biofuels companies in the creation of an EPA qualified biomass feedstock pathway between Canada and the U.S.
- Representing a U.S. advanced biofuels company in the creation of a U.S. biomass pathway
- Represented a U.S. advanced biofuels client in the qualification of a new fuel pathway for renewable gasoline
- Represented a U.S. energy company in securing a DARPA R&D grant for a new alcohol-to-jet certification
- Represented a small U.S. water treatment company in the donation and installation of five solar-powered water treatment units in Haitian hospitals as part of the Haiti Earthquake Relief Effort
- Represented a U.S. solar corporation in the development and project finance of a 100 MW solar power project in India
- Representing a U.S. geothermal corporation in the development and project finance of geothermal power projects in the US Virgin Islands, Dominican Republic, Chile, and Texas and California
- Represented a major U.S. agricultural processing company in multiple transactions involving the purchase, dehydration, and sale of fuel ethanol between Latin America and the United States
- Represented two major U.S. and European funds in their Series A equity investment into a Mauritius hydroelectric holding company for further investments into multiple Indian hydroelectric projects as part of related project financings
- Represented two major U.S. real estate firms and a Mauritius investment fund in their Series A investment into an Indian real estate development company for the development and construction of an integrated residential and IT township
- Represented a U.S. oil trading company in the manufacture of 5,125 solar-powered water purification units for installation in India, Greece, and various countries in Africa and Latin America
- Represented a U.S. venture capital client in the acquisition, finance, and conversion of a vegetable oil processing plant into a 50 million gallon per year biodiesel manufacturing facility in India — the first financial closing of a biodiesel project in India
- Represented a major Indian private equity company in its investment into a 30 million gallon per year biodiesel facility in India — the second financial closing of a biodiesel project in India
- Represented a major U.S. construction company in the project finance of the 2600 MW LNG-fired Dabhol power project, LNG port, two LNG regasification units, desalinization plant, pipelines and related infrastructure in India
Recognitions & Awards
- Martindale-Hubbell AV Preeminent - 16 consecutive years
- Biofuels Digest: Top 100 Bioenergy Leaders in the World (2011 – 2012, #67, 2012 – 2013, #50)
- 2012 Legal Leaders Award for Business and Commercial Law
- Phi Beta Kappa
- Phi Eta Sigma
Professional & Community Involvement
- Founder and General Counsel, American Council On Renewable Energy (ACORE)
- Board Member Emeritus and General Counsel, US-India Business Council
- Vice Chair, American Bar Association Project Finance Committee
Speaking Engagements
-
Speaker,
Status of Available Domestic and International Project Financing Mechanisms,
The Advanced Biofuels Leadership Conference,
Washington, DC
-
Speaker,
Financing Advanced Biofuels and Renewable Chemical Companies and Projects,
National Advanced Biofuels Conference & Expo,
Houston, TX
-
Speaker,
The Military: Get an Update on the Role of the US Navy,
Aviation Biofuels Development Conference, Washington, DC
-
Faculty,
Renewable Fuel Standard: The Proven Way to Reduce Oil Dependence,
ACORE and 25x’25 Alliance, Webinar
-
Speaker,
Emerging Renewable Energy Finance Models,
2012 National Development Finance Summit,
"Council of Development Finance Agencies , Washington, DC
-
Panelist,
Financing the Future: Barriers to Lending in the Renewable Transportation Sector,
ACORE Transportation and Renewable Energy Industry Forum ,
American Council On Renewable Energy, Washington, DC
-
Moderator,
Financing Strategies for Advanced Biorefineries,
Biomass 2012: Confronting Challenges, Creating Opportunities – Sustaining a Commitment to Bioenergy,
US Department of Energy, Washington, DC
-
Panelist,
Investing in Private Companies to Bring New Technologies to Market,
BIO 2012 International Convention,
BIO 2012, Boston, MA
-
Speaker,
Public Private Partnerships; The Most Important Financial Option for Waste Conversion,
Waste Conversion Congress East Coast,
Philadelphia, PA
-
Panelist,
Financing Innovation in the Industrial Biotech Space: Creative Models and Future Trends,
World Congress on Industrial Biotechnology and Bioprocessing,
Biotechnology Industry Organization
-
Chair,
Bioenergy: Driving the Market Forward,
Renewable Energy Finance Forum - Latin America & Caribbean,
Miami, FL
-
Panelist,
Project Finance and Financing Structures (topic 1, Panelist), Macroeconomic Driver and Financing Issues (topic 2, Moderator), Creative Financing Sources and Structures (topic 3, Moderator),
Advanced Biofuels Leadership Conference,
Washington, DC
-
Speaker,
Renewable Energy Project Finance in the US: 2010-2013 Overview and Future Outlook,
Mintz Levin and GTM Research, Webinar
-
Moderator,
Perspectives on Developing Renewable Energy in Latin America,
LAC-CORE Renewable Energy Finance Briefing,
Latin American and Caribbean Council on Renewable Energy, New York, NY
-
Moderator,
Investor Perspectives,
Renewable Energy Finance Forum - Latin American & Caribbean, Miami, FL
-
Speaker,
A New Bond Finance Model,
Municipal Solid Waste to Biofuels Summit 2011,
Renewable Waste Intelligence, Chicago, IL
-
Co-chair,
New Developments in Biomass Finance,
American Council on Renewable Energy, Webinar
-
Challenges in Financing Renewable Energy Projects in India,
Renewable Energy in America National Policy Forum,
ACORE
-
Financing Biomass-to-Power and Advanced Biofuels,
Renewable Energy in America National Policy Forum,
ACORE
-
Speaker,
Project Finance & Infrastructure,
Outlook on India 2010: Delivering on the Promise in Turbulent Times,
Practising Law Institute
-
Speaker,
Clean Tech 2010: Opportunities for a New Decade,
Mintz Levin and ML Strategies, Washington, DC
-
Barriers to Financing Indian Renewable Energy,
-
Speaker,
CIBN Breakfast Meeting with Uzi Landau, the Minister of the National Infrastructures of Israel,
The Economic Mission of the Embassy of Israel and Mintz Levin’s Capital Israel Business Network, Washington, DC
-
Panelist,
The Resurrection of Project Finance,
New England Clean Energy Council, Deloitte, and Mintz Levin, Boston, MA
-
Speaker,
Taking the Lead in Renewable Energy: US Innovation and Implementation of Renewable Energy Technologi,
Eilat Eilot Renewable Energy Conference
-
Speaker,
Defining Biomass: A Comparison of Definitions In Legislation,
ACORE Annual Policy Conference,
American Council on Renewable Energy, Washington, DC
-
U.S. Incentives to Promote Renewable Energy,
-
Barriers to Financing Indian Renewable Energy,
-
The Challenges of Biofuels Finance,
-
Public Procurement Around the World: An Introduction to Public Procurement Outside the United States,
-
Hot Topics in Biodiesel: Renewable Diesel Versus Biodiesel,
-
Structuring International Operations and Deals: Tax-Effective Structuring of Investments in India, M,
Newsroom
-
Quoted in
Creative Finance Mechanisms Are Enabling Advanced Biofuel/Bioenergy Project Development, Ethanol & Biofuels News ()
-
Mintz Levin Attorney Mark J. Riedy Named in Biofuels Digest’s Top 100 People in Bioenergy 2012-2013, ()
-
Mintz Levin Advises on Top Greentech Deal of 2012, ()
-
Quoted in
Defense Funds for Advanced Fuels Will Provide Long-Term Benefits, Say Supporters, ClimateWire ()
-
Quoted in
USDA Doors Still Open to Cleantech after DOE Loan Firestorm, Law360 ()
-
Featured
Mark Riedy Discusses the Future of Green Energy, CCTV-America's Biz Asia America ()
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Mintz Levin’s Energy and Clean Technology Practice Represents GreatPoint Energy in $1.25 Billion Joint Venture, ()
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Four Mintz Levin Members to Speak at 2012 BIO International Convention, ()
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Mintz Levin Attorney Mark J. Riedy to Speak at World Congress on Biotechnology & Bioprocessing, ()
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Mintz Levin’s Mark J. Riedy Named in the Top 100 People in Bioenergy By Biofuels Digest, ()
-
Mintz Levin Collaborates with US Department of Agriculture to Develop An Innovative Bond Finance Program, ()
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Mark J. Riedy Fuel Supply–Finance Article for Natural Gas & Electricity: “Regardless of Constraints, Many See Good Setting for Biomass Ventures”, ()
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Mark J. Riedy Gives Speech at Infocast Biomass Finance and Investment Summit 2010, ()
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Mintz Levin’s Energy and Clean Technology Team adds Mark Riedy to its Washington, D.C. Office, ()