AaronSeong

Associate

纽约 + 1.212.326.3758

Aaron Seong's practice centers on advising clients in energy, energy derivatives, and equity derivatives transactions. His experience includes representing corporations, financial institutions, developers, energy marketers, and other market participants in renewable energy transactions, including solar and wind power purchase agreements, virtual power purchase agreements, and methane capture projects. He advises financial institutions, investment funds, and corporations on negotiating and documenting equity derivatives transactions, such as accelerated share repurchases, prepaid variable share forwards, and total return swaps.

As part of his practice, Aaron also seeks to contribute to the development and improvement of industry standard transaction documentation. He was engaged by the International Swaps and Derivatives Association (ISDA) to prepare the industry standard ISDA Global Financial Power Purchase Agreement (FPPA) Confirmation Template and ISDA U.S. Renewable Energy Certificate (REC) Annex.

经验

  • Procter & Gamble signs 10-year VPPA with Renewable Power Capital for wind energy project in SwedenJones Day advised The Procter & Gamble Company (P&G) in entering into a 10-year virtual power purchase agreement (VPPA) with a subsidiary of renewable energy developer Renewable Power Capital (RPC) for a wind energy project in Sweden with an expected capacity of 140 MW.
  • Procter & Gamble enters into long-term VPPAs with EDP Renováveis, S.A. for two solar energy projects in ItalyJones Day advised The Procter & Gamble Company (P&G) in entering into long-term virtual power purchase agreements (VPPAs) with a subsidiary of renewable energy developer EDP Renováveis, S.A. (EDPR) for two solar energy projects in Italy with an aggregate capacity of around 110 MW.
  • Goldman Sachs enters into accelerated share repurchase agreement with GoDaddyJones Day represented Goldman Sachs & Co. LLC in entering into an accelerated share repurchase agreement (ASR) with GoDaddy Inc. (GoDaddy) for GoDaddy to purchase $375 million of its own shares.
  • Goldman Sachs enters into prepaid variable share forward transactions with clients of its Private Wealth Management and Global Markets divisionsJones Day represented Goldman Sachs & Co. LLC in prepaid variable share forward (PVSF) transactions entered into with clients of its Private Wealth Management and Global Markets divisions.
  • Goldman Sachs enters into accelerated share repurchase agreement with Victoria's SecretJones Day represented Goldman Sachs & Co. LLC in an accelerated share repurchase agreement (ASR) entered into with Victoria's Secret & Co. (Victoria's Secret).
  • Goldman Sachs enters into accelerated share repurchase agreement with FedEx CorporationJones Day represented Goldman Sachs & Co. LLC in an accelerated share repurchase agreement (ASR) entered into with FedEx Corporation.
  • Goldman Sachs enters into accelerated share repurchase agreement with LabCorpJones Day represented Goldman Sachs & Co. LLC in an accelerated share repurchase agreement (ASR) entered into with Laboratory Corporation of America Holdings (LabCorp).
  • BNP Paribas completes three-year total return equity swap agreement with JAB Holdings N.V.Jones Day advised BNP Paribas in connection with a three-year total return equity swap agreement with JAB Holdings N.V. (JAB Holdings) for up to 6.5 million shares of Krispy Kreme, Inc., one of JAB Holdings' portfolio companies.
  • Goldman Sachs enters into accelerated share repurchase agreement with Zions BankJones Day represented Goldman Sachs & Co. LLC in an accelerated share repurchase agreement (ASR) entered into with Zions Bancorporation, N.A. (Zions Bank).
  • Targa Resources Partners executes long-term power purchase agreement to enable financing of 160 MWac project to procure solar energy to advance its long term sustainability strategy to reduce emissions intensityJones Day advised Targa Resources Partners LP on a long-term power purchase agreement to source renewable electricity from Concho Valley Solar, LLC to enable financing of a 160 MWac project to provide solar energy to Targa’s natural gas processing infrastructure in the Permian Basin in West Texas to advance its long term sustainability strategy to reduce emissions intensity.
  • Goldman Sachs enters into accelerated share repurchase agreement with Silicon LabsJones Day represented Goldman Sachs & Co. LLC in an accelerated share repurchase agreement (ASR) entered into with Silicon Laboratories Inc. (Silicon Labs).
  • Procter & Gamble enters into two 15-year virtual power purchase agreements with EDPR for solar and wind energy in EUJones Day advised The Procter Gamble Company in entering into two 15-year virtual power purchase agreements (VPPAs) to purchase electricity and guarantees of origin (GOs) from solar and wind energy projects in the EU owned by a subsidiary of renewable energy developer EDP Renováveis, S.A. (EDPR).
  • ISDA publishes ISDA U.S. Renewable Energy Certificate AnnexJones Day advised the International Swaps and Derivatives Association, Inc. (ISDA) in the development of the ISDA U.S. Renewable Energy Certificate Annex (REC Annex) to enable market participants to efficiently sell and purchase renewable energy certificates (RECs) under the ISDA Master Agreement.
  • Procter & Gamble enters into long-term VPPA with ENGIE for Sun Valley solar energy projectJones Day advised The Procter & Gamble Company (P&G) in entering into a long-term virtual power purchase agreement (VPPA) for a solar energy project owned by ENGIE North America Inc., subsidiary of renewable energy developer Engie SA (Engie).
  • Major Indian pharmaceutical company resolves securities fraud class action relating to FDA warning letterJones Day resolved a class action lawsuit filed against a major Indian pharmaceutical company in federal court, alleging violations of the federal securities laws in connection with a warning letter issued by the U.S. Food and Drug Administration ("FDA") to the company.
  • SunPower closes sponsored spin-off of solar panel production operationsJones Day advised SunPower Corporation (NASDAQ: SPWR), one of North America's largest solar-panel makers, in a sponsored spin-off of its solar panel production operations into a new public company – Maxeon Solar Technologies – which will be headquartered in Singapore.
  • Global systemically important bank (GSIB) conducts risk assessment to determine impact of LIBOR transition on enterprise-wide portfoliosJones Day is advising a GSIB with respect to enterprise-wide portfolios impacted by the LIBOR transition, including conducting portfolio-wide risk impact assessments, analyzing various consumer products, and developing litigation contingency plans.
  • ACI Worldwide acquires Western Union's Speedpay U.S. domestic bill pay business for $750 millionJones Day advised ACI Worldwide, Inc. (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, in the $750 million acquisition and related financing of the Speedpay bill payment business of The Western Union Company.