Portrait of

Education

  • Virginia Polytechnic Institute and State University, B.A. political science (1997)
  • Indiana University - Bloomington, J.D. (2000)
  • The George Washington University, LL.M. (2003)

Admissions

  • District of Columbia
  • Maryland
Cameron Prell, Counsel Washington, D.C.
cprell@crowell.com
Phone: +1 202.624.2611
1001 Pennsylvania Avenue NW
Washington, DC 20004-2595

Cameron Prell is a counsel in the Energy Group in Crowell & Moring's Washington, D.C. office. His practice focuses on the business of climate change and the convergence of energy and environmental law and finance. He advises and represents private sector clients and governments in corporate, financing, and regulatory matters implicated by energy and environmental markets and financial transactions, clean technologies development, and clean energy and natural resource project development. 

Cameron has represented energy and natural resource companies, project developers, advanced technology firms, venture and growth equity funds, electric utilities, asset managers, financial institutions, and governments, all in their respective efforts to participate and invest in evolving climate market opportunities or manage emerging climate-related regulatory and financial risks.

Cameron has unique experience representing clients on climate and energy policy and regulatory matters before Congress, the D.C. Circuit, FERC, EPA, DOE, OPIC, State, the SEC, the Inter-American Development Bank, and the World Bank Group. He has acted as project and corporate counsel to clients in an array of energy, water, and sustainable forestry projects and transactions nationally and in developing countries. He also has experience helping clients design climate risk management strategies and market-based mechanisms, monetize and trade environmental commodities, invest in, or deploy climate and clean technologies, and structure innovative climate finance transactions to leverage market- and public-sector incentives to finance low carbon projects and infrastructure.

Cameron is currently a board member of the Climate Markets and Investment Association and serves as chair of the American Bar Association's SEER Energy and Environmental Markets and Finance Committee and vice chair of the International Environmental Law Committee. He was recently elected to act as general counsel to the Gold Standard Foundation's Technical Advisory Committee. Cameron was a guest lecturer on international environmental law and finance at Columbia University in 2013, and  regularly writes and speaks on climate finance and clean energy. Cameron was named as a D.C. Super Lawyers Rising Star in 2014.

Representative Engagements


Environmental Finance

  • Acted as outside legal advisor on $133 million portfolio loan guarantee provided by the USAID Development Credit Authority to international carbon fund investing in sustainable forestry and avoided deforestation in developing countries.
  • Acted as corporate counsel to the Gold Standard Foundation as part of its acquisition of international forest carbon project platform.
  • Represented electric utility as part of third party utility-scale solar sale-leaseback financings in Arizona and New Mexico.
  • Advised electric utility on California cap-and-trade regulations, including imported electricity and border adjustment requirements.
  • Project and commodity counsel to first international avoided deforestation carbon offset project (Latin America) to be registered and verified under the Verified Carbon Standard Avoided Deforestation Partners methodology.
  • Advising trade associations and corporate entities on green bond issuance, commodity-linked bonds, and asset-backed securitization and aggregation platform structures for climate mitigation and adaptation.
  • Corporate and clean energy counsel on bundled and unbundled environmental market purchase and sale, option and forward transactions (e.g. RECs, SRECs, RINs, CCOs, EUAs, RUAs, ERCs, CERs,VCUs/ VERs).
  • Corporate counsel to commercial bank in energy service performance contract financing guaranteed energy savings from efficiency upgrade measures.
  • Advising forest carbon developer in international forestry investment and collateralized bond transaction.
  • Advised large financial institution on World Bank Equator Principles, coalition climate due diligence policies, and OPIC NEPA standards for GHG analysis for international project financings.
  • Assisted project and fund clients OPIC and IFC debt financings, political risk insurance, and clean energy and energy efficiency securitization.
  • Counseled energy companies on state green bank financing opportunities and financial instruments.
  • Represented and counseled private equity funds and advanced energy technology companies in applying for clean renewable energy bond, DOE loans and loan guarantees, USDA biorefinery loan financing.

Climate Change Law and Policy Counsel

  • Advising companies, trade associations and governments on EPA's proposed Clean Power Plan rulemaking under Section 111(d) of the Clean Air Act, as well as Administration's Climate Action Plan.
  • Counsel to Climate Markets and Investment Association in its participation in California carbon market offsets litigation.
  • Advise private equity funds, trade associations, and climate bonds think tank on Green Climate Fund and international climate change negotiations.
  • Advised public-private CCS alliance on financial responsibility requirements for underground injection of CO2 under Class VI Well rules promulgated by EPA under Safe Drinking Water Act.
  • Regulatory counsel to several biogas development companies on Renewable Fuels Standard and RIN market transaction; successfully obtained EPA determination that a gasifier is not covered by the EPA sewage sludge incinerator rule.
  • Drafted carbon market and pre-compliance offset development and climate risk management primer for national clean water infrastructure association.
  • Assisted public utilities, energy companies and investment groups on climate change and GHG emissions-related SEC disclosures and climate risk valuation for and reporting and securities offering documents, integrated reporting.
  • Federal appellate litigation counsel to national wastewater trade association on EPA GHG biomass exception rule.
  • Counsel to trade associations on federal U.S. climate change policies, carbon market design, and energy market intersections.
  • Advised microgrid project development consortia on state and federal energy regulations.
  • Drafted comments for public sector regional authorities on EPA proposed rulemakings for endangerment finding, CCS regulation, and CO2 regulatory options under the federal Clean Air Act (e.g., NSPS).

Clean Energy and Infrastructure Project Transactions

  • Assisted as project counsel (EPC, PPA, interconnection, fuel supply, service agreements) for several renewable energy projects (landfill gas-to-energy, solar, wind, biogas).
  • Counsel to solar project developer on OPIC debt financing and political risk insurance.
  • Assisted largest municipal wastewater system in the Midwest draft and negotiate long-term service agreement to re-privatize system operations.
  • Assisted in initial stage development of public-private partnership to develop a consolidated solar power (CSP) facility to be located in Mojave Desert.
  • Prepared long-term RFP and natural gas supply contract (NAESB) for largest Midwestern U.S. city.
  • Drafted and negotiated financing, construction and operations and maintenance service agreements (e.g., waste-to-energy facilities, landfill gas pipelines, LFG-to-energy plants, anaerobic digester gas-to-energy) for 5-8 projects.

Federal Energy and Financial Regulations

  • Advised companies on Dodd-Frank Act and CFTC oversight of energy commodity transactions, including end-user exception, bona fide hedging, reporting and recordkeeping.
  • Counseled energy service companies on FERC Order 745 and Order 1000 and related litigation affecting demand-side management and transmission siting for renewable energy.
  • Advise various energy utility and financial services clients on market-based regulatory approvals and implications of energy projects, asset sales, electric restructuring, financial derivatives and commodity hedging arrangements, market clearing and creditworthiness and energy markets.
  • Advise publicly-listed companies in their preparation and disclosure of climate change risks and regulatory risk factors as part of SEC filings.
  • Advise industrial end-users on issues and proceedings involving electric energy, natural gas, transmission infrastructure, project approvals and state construction certificates, RTO/ISO agreements, locational marginal pricing and day-ahead energy/capacity markets, interconnection agreements, market-based rates, standards of conduct, affiliate abuse, and mandatory fuel reporting compliance.


Affiliations

Admitted to practice: District of Columbia, Maryland, U.S. District Court for the District of Columbia, U.S. Supreme Court



Highlights, News & Knowledge


Speeches & Presentations

  • "UBS Access: COP 21 – Distilling the Essence of the Framework," UBS Securities Teleconference (December 16, 2015). Presenters: Richard Lehfeldt and Cameron Prell.
  • "Utilities' Perspectives on State Planning Process and Implementation," 2nd EPA Clean Power Plan Implementation Summit, Washington, D.C. (October 21, 2015). Presenter: Cameron Prell.
  • "Solar Energy Industries Association Webinar Update - Solar and the Clean Power Plan: What You Should Know to Drive Your Business," Solar Energy Industries Association Webinar (August 19, 2015). Presenter: Cameron Prell.
  • "The Changing Electric Utility Industry – The Litigation Risks Ahead," Crowell & Moring's Corporate Counsel Litigation Forum Webinar Series (April 28, 2015). Presenters: Frank R. Lindh, Cameron Prell, Richard Lehfeldt, and Peter B. Miller.
  • "What's Next: Considering GHG Regulation and Climate Finance," Argus Carbon Summit, San Francisco, CA (October 2013). Presenter: Cameron Prell.
  • "Environmental Markets 2.0: The Evolving Use of Market-Based Mechanisms," ABA SEER 21st Fall Conference, Baltimore, MD (October 2013). Presenter: Cameron Prell.
  • "Climate Finance Products and Emergence of State Green Banks", CMIA and Coalition for Green Capital Session, New York (September 24, 2013). Presenter: Cameron Prell.
  • "Changes to the Renewable Fuel Standards (RFS) Program – Impacts on Financing," American Biogas Council Webinar (June 20, 2013). Presenter: Cameron Prell.
  • "Electrification of Transport Sector and the Role of Urban Planning," - Bloomberg New Energy Finance Summit: The Future of Energy (April 24, 2013). Presenter: Cameron Prell.
  • "Energy Sustainability – Alternative Energy Project Development Webcast," KPMG Global Energy Institute Webcast: Energy Sustainability Series (February 20, 2013). Presenter: Cameron Prell.
  • "Cleantech Capital Group: Impact Capitalism" (October 2012). Presenter: Cameron Prell.
  • "Low-Carbon Finance & Investment: Where Will the Money Come From?" IETA Carbon Forum North America 2012 (October 1-2, 2012). Presenter: Cameron Prell.
  • "Clean Energy, The Roads Ahead on Cleantech Investment, Policy, and Financing" (March 2012). Presenter: Cameron Prell.
  • "North American Energy and Climate Policies," Climate Finance Conference (November 15, 2011). Presenter: Cameron Prell.
  • "The Future for Environmental Finance," Environmental Markets Association's 15th Annual Meeting (October 28, 2011). Presenter: Cameron Prell.
  • "Art of the Plausible - Prospects for Clean Energy Legislation in 2011," Public Utilities Fortnightly (2011). Author: Cameron Prell.
  • "Solar PV Financing Structures and SREC Market Transactions," EUCI Workshop (June 15, 2011). Presenter: Cameron Prell.
  • "International Linkage Possibilities for California Carbon Market," Climate Finance North America 2011 (June 14, 2011). Presenter: Cameron Prell.
  • "Clean Energy Financing and Policy Strategies," Forum for Growth & Innovation Conference on Green Energy (May 2, 2011). Presenter: Cameron Prell.
  • "State of the U.S. Offset Market," Carbon TradeEx America Conference (September 2010). Presenter: Cameron Prell.
  • "Is Everything on the Table? The Kerry-Lieberman Discussion Draft American Power Act," Solid Waste of North America National Webinar (June 2010). Presenter: Cameron Prell.
  • "International Maritime Transportation in a Carbon-Constrained United States," Virginia Maritime Institute at Nauticus (October 2009). Presenter: Cameron Prell.


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Firm News & Announcements

Nov.30.2016 Super Lawyers Recognizes 71 Crowell & Moring Lawyers Across United States
Sep.09.2016 Deal Note: Crowell & Moring Client NRG Yield, Inc. Acquires Full Ownership of Solar Generating Facility from NRG Energy, Inc.
May.27.2016 Chambers USA Ranks 56 Crowell & Moring Attorneys and 19 Leading Practice Areas Among Best in U.S.
Oct.27.2015 Super Lawyers Recognizes 90 Crowell & Moring Attorneys
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