Tristan Pelham Webb

Partner
Corporate
Experience
  • A joint venture between a leading developer and the U.S. subsidiary of a major Japanese power company in connection with the term loan B refinancing of CPV Fairview, a 1,050 megawatt dual fuel (ethane and natural gas)-fired combined-cycle generating fa
  • A leading developer in connection with the term loan A refinancing of CPV Towantic, an 805 megawatt gas-fired combined-cycle generating facility in ISO-NE. (2024)
  • A leading developer in connection with the investment tax credit financing and sale for the Anemoi project, a 200MW/400 MWh battery energy storage facility in Hidalgo County, Texas. (2024)
  • A joint venture between the U.S. subsidiary of a major Japanese power company and a Thailand-based independent power producer in connection with the term loan B refinancing of Compass Power, the owner of approximately 1.3 gigawatts of gas fired thermal
  • A major private equity and infrastructure investor in connection with the private credit acquisition financing of Pelican Power, the owner of approximately 3.7 gigawatts of gas, fuel oil and coal-fired thermal power generation in Louisiana (MISO) PJM a
  • A major private equity sponsor in connection with the sale of White Energy, the owner of two state-of-the-art ethanol plants that are developing a joint carbon capture project. (2024)
  • A major power and infrastructure investor in connection with negotiation of numerous solar and wind physical and virtual power purchase agreements. (2024 & 2025)
  • Lotus Infrastructure in connection with the term loan B refinancing of Edgewater Generation, the owner of approximately 2.7 gigawatts of thermal power generation in PJM and ISO-NE. (2025)
  • Lotus Infrastructure in connection with the Michigan municipal bond construction financing of a portfolio of renewable natural gas projects consisting primarily of anaerobic digestors of animal waste and associated upgraders and gas pr
  • Rev Renewables in connection with the construction financing, tax credit bridge financing and tax credit purchase for its Tumbleweed project, a 125 MW/1,000 MWh battery energy storage facility in Kern County, California. (2025)
  • A major private equity sponsor in connection with the acquisition financing of Cogentrix, the owner and operator of approximately 5.3 gigawatts of thermal power generation in PJM, ISO-NE and ERCOT. (2025)
  • A major private equity sponsor in connection with the refinancing of NextWave’s Traveler project, a 32,000 b/d nameplate ethylene-to-alkylate production facility in Pasadena, Texas. (2025)
  • A leading developer in connection with the term loan B refinancing of CPV Shore, a 725 megawatt natural gas-fired combined-cycle generating facility in PJM. (2025)
  • A major private equity and infrastructure investor in connection with the private credit refinancing of Pelican Power, the owner of approximately 4.3 gigawatts of natural gas, fuel oil and coal-fired thermal power generation in Louisiana (MISO) PJM and
  • A major private equity sponsor in connection with the approximately $1.25 BN refinancing of Cogentrix and the approximately 5.3 gigawatts of thermal power generation in PJM, ISO-NE and ERCOT operated by Cogentrix. (2025)
  • An initial coordinating lead arranger in connection with the $15.1 billion debt and equity project financing of Venture Global’s Calcasieu Pass 2 LNG facility in Cameron Parish, Louisiana, the largest project financing of a large capex infrastructure p
  • D.E. Shaw Renewable Investments on a $75 million development-stage letter of credit facility to support the warehousing of its pipeline of development stage solar and wind generating facilities by providing interconnection and other development-related letters of credit and loans
  • D.E. Shaw Renewable Investments on a $100 million equipment loan facility for borrowings related to certain payments under major equipment supply agreements. The project portfolio at closing included projects with an aggregate capacity of 712.4 MW (Ongoing)
  • Multiple private equity sponsors and developers in connection with deal-contingent interest rate hedging agreements to pre-lock and mitigate interest rate risk in anticipation of acquisition closings and financial close under project financings. (Ongoing)
  • The sponsor in a $1.1 billion debt financing for a 400 MWac solar project in Henry County, Missouri, including sponsor backstopped tax credit bridge loans of nearly $600 million (2025)
  • An initial coordinating lead arranger in connection with the $15.1 billion debt and equity project financing of Venture Global’s Calcasieu Pass 2 LNG facility in Cameron Parish, Louisiana, the largest project financing of a large capex infrastructure project in the U.S. to date (2025)
Bio

Tristan Pelham Webb is a partner in King & Spalding’s Finance practice resident in the New York and Denver offices. Tristan is a key member of King & Spalding's power, energy and infrastructure project finance team, handling a wide variety of greenfield and brownfield development and construction project financings, leveraged financings and acquisition financings.

Tristan has extensive experience advising foreign and domestic project developers, sponsors, investors and lenders in all aspects of the development, construction, financing, acquisition and divestiture of major power, energy and infrastructure projects, including deep expertise in the renewables, energy innovation and energy transition sectors.  Tristan also has broad experience assisting clients in strategies to monetize a variety of tax credits associated with renewables, energy innovation and energy transition projects, including through tax equity, tax credit transfer, tax insurance and credit sharing arrangements.

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