Steven Lorch

Steven Lorch is a Partner in the Firm’s Tax Practice, advising a broad spectrum of market participants on the U.S. tax aspects of energy and infrastructure transactions, with a particular focus on renewable power, energy transition, conventional energy and data center and fiber assets. Based in New York, Steven regularly advises clients on complex tax equity structures, pre-tax preferred investments and tax credit transfers in connection with U.S. investment and production tax credits. He also advises project owners and developers on the U.S. tax aspects of renewable power and clean energy project development, including with respect to engineering, procurement and construction agreements, build transfer agreements, equipment supply agreements, and general eligibility for U.S. investment and production tax credits, including compliance with prevailing wage and apprenticeship requirements and requirements for bonus credits.

Steven’s experience prior to joining Simpson Thacher includes advising:

• Goldman Sachs in its $440 million strategic investment in BrightNight
• EQT Transition Infrastructure in its acquisition of Scale Microgrids
• Sol Systems in its minority investment from KKR and the formation of a strategic partnership with a commitment from KKR of up to $1 billion to acquire shovel-ready solar development projects
• Kinder Morgan, Inc. in its acquisition of landfill assets from MAS CanAm, LLC, consisting of a renewable natural gas facility in Arlington, Texas and medium Btu facilities in Shreveport, Louisiana and Victoria, Texas for consideration of $355 million
• Various tax credit buyers and sellers in connection with more than $2 billion of tax credit transfer transactions
• Phillips 66 Company in its $3.8 billion acquisition of all of the publicly held common units of DCP Midstream, LP in a cash-for- unit merger transaction
• DT Midstream, in its $1.2 billion acquisition of a portfolio of three FERC-regulated natural gas transmission pipelines from ONEOK
• The Energy & Minerals Group in its $2.25 billion sale of Traverse Midstream Partners