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Steven F. Greenwald

Steve Greenwald’s practice has focused for more than 30 years on energy transactional, regulatory, and dispute resolution matters at the state and federal levels. He assists clients with debt and equity financing, acquisitions, power purchase and sale agreements, obtaining regulatory approval for power purchases, and utility rate and certificate proceedings. Steve's clients include geothermal, biomass, wind, solar and natural gas power projects and financing parties; regulated electric utilities and oil pipeline companies; independent power producers; large electric consumers; and power marketers.

Steve is a frequent speaker and commentator on alternative energy development and other energy business topics.

Steve's clients include: California Pacific Electric Company, LLC, Calpine Corporation, Chevron Pipe Line Company, City of Hercules, AltaGas Renewable Energy Pacific Inc., Air Products & Chemicals Inc., Bloom Energy Corporation, and Capital Power Corporation.

Representative Experience

Regulatory - electric

Representation of California Pacific Electric Company in first general rate case application and in application to upgrade distribution system in the Lake Tahoe area. (Ongoing)

Development - renewable for NaturEner

Represented developer in negotiating and obtaining regulatory approvals for power purchase and in associated renewable portfolio standard proceedings before the California Public Utilities Commission. (2010)

CPUC rate proceedings

Represent Chevron Pipe Line Company in rate and other proceedings before the CPUC. (Ongoing)

Negotiation of power purchase agreements

Representation of Kern River Cogeneration Company and Sycamore Cogeneration in negotiating various power purchase agreements resulting from California Combined Heat and Power solicitations. (Ongoing)

Regulatory - electric for Calpine Corporation

Representation of various qualifying facilities and other generators owned by Calpine Corporation in regulatory proceedings, commercial negotiations and disputes. Representation includes providing regulatory opinions on over a billion dollars' worth of project financings. (Ongoing)

Regulatory - electric

Regulatory counsel through numerous acquisitions and financings of wind, solar, biomass, and geothermal generating facilities. (Ongoing)

Regulatory - electric

Representing several renewable energy producers in various proceedings before the California Public Utilities Commission relating to rules for eligibility for participation in California Renewable Portfolio Standards program and in having associated power purchase agreements approved by Commission. (Ongoing)

Renewable energy

Providing advice to geothermal generators operated by Calpine Corporation in the Geysers Geothermal Area in Northern California with respect to commercial matters, disputes, and regulatory issues. (Ongoing)

Mergers & acquisitions for Algonquin Power & Utilities Corp.

Formed a new investor-owned electric utility, Liberty Utilities (CalPeco Electric) consisting of electric utility assets (in the Lake Tahoe area of California) previously operated by Sierra Pacific Power Co. Representation included the negotiation of asset purchase agreement and other key transaction documents for Liberty and also obtaining all federal and state regulatory approvals. (2011) Read more

Mergers & acquisitions for AltaGas Renewable Energy Colorado LLC

Mergers & acquisitions, representing AltaGas Renewable Energy Colorado LLC in its $25 million investment in 29MW wind generation facility in Huerfano County, Colo. (Ongoing)

Mergers & acquisitions for City of Hercules

Lead counsel in sale of Hercules Municipal Utility.


Successfully defended power seller in mediation against purchasing utility relating to power seller’s response to utility request for offers to sell power.

Renewable energy

Negotiated power purchase agreement for the largest biomass project to be constructed on the West Coast in over a decade. (2008)

Resolution of commercial dispute

Served as mediator in large commercial dispute involving a cogeneration facility and its steam host. (2008)

Regulatory - electric for La Paloma Generating Company

Representation in regulatory proceeding to obtain refunds of security deposits posted with California Independent System Operator. (2007)

Regulatory - oil pipeline for major oil company

Representation of major oil company in prosecuting various general rate applications and other regulatory proceedings before the California Public Utilities Commission.

Professional & Community Activities

  • Board of Directors, Power Association of Northern California, 2000-2003

Professional Recognition

  • Named one of "America's Leading Lawyers for Business" in Projects & Energy: State Regulatory & Litigation (California) by Chambers USA, 2003-2015; Received "Band 1" ranking, 2007-2015 
  • Named one of the "Best Lawyers in America" in Energy Law and Energy Regulatory Law by Best Lawyers, 2007-present
  • Selected to "Northern California Super Lawyers," Thomson Reuters, 2004-2015
  • Awarded "2013 Top Rated Lawyer" in Energy, Environmental, & Natural Resources by American Lawyer Media and Martindale-Hubbell  
DWT recognized by chambers USA, read release
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