Who we represent and what we do:

  • Paragon Energy Capital (Paragon) is a specialized investment bank serving a wide variety of clients in the US power generation market.
  • We are a leading provider of financial advisory services and have unparalleled expertise in M&A (sell-side and buy-side), tax equity and debt structuring, solicitation, placement and execution.
  • Renewable technology experience includes wind (land based and off-shore), solar (utility scale, C&I, community solar and residential), electric storage, geothermal, biomass and biogas.
  • Fossil fuel technology experience includes natural gas and coal fired power generation facilities.
  • Paragon has deep experience with the various structures employed to finance renewable energy projects and monetize tax attributes, including partnership flips (with PTC or ITC), single investor leases, lease pass-through / inverted lease structures, pro-rata partnerships, with various forms of offtake arrangements such as busbar PPAs, hub-settled hedges, corporate PPAs, and proxy revenue swaps.
  • Our clients include large global independent power producers, infrastructure funds and other institutional investors, and independent developers.

What we have closed to date:

  • Since 2004, Paragon’s professionals have represented buy-side and sell-side clients on transactions valued in excess of $20 billion, representing over 10 GW of installed electric capacity and involving approximately 70 separate projects.
  • In 2019, we successfully advised on 15 renewable energy M&A and tax equity transactions, including large ticket buy-side M&A engagements, sale-leasebacks, tax equity and debt financings with an aggregate value in excess of $2 billion.