Thomas M. Ingoldsby is a transactional lawyer whose practice focuses on the development and financing of energy projects and the negotiation of long-term power supply arrangements. He has represented a broad spectrum of the energy industry in the structuring and negotiation of the commercial and financial terms underlying large generation projects and power purchase agreements.
Mr. Ingoldsby’s clients have been wholesale power purchasers, lenders, and large industrials who have been operating in markets in various stages of deregulation. He has assisted clients in the evaluation of proposals for generation projects and long term power purchase agreements, and he has negotiated energy supply agreements, financing documents, and the inter-party arrangements for these projects.
In recent years, an important component of Mr. Ingoldsby’s work has been the development of project capital structures and credit terms consistent with clients’ capabilities and the requirements of the financial and energy markets for major energy projects. He has also assisted several developers in the gaming industry in the structuring and negotiation of comprehensive energy programs to meet the needs of multi-use projects. When clients have been involved in troubled projects, Mr. Ingoldsby has assisted them in evaluating the available options and in negotiating the terms of the workout or other arrangements.