Keith Martin

Co-Head of Projects, United States
Norton Rose Fulbright US LLP

Washington DC
United States
T:+1 202 974 5674
Washington DC
United States
T:+1 202 974 5674
Keith Martin

Keith Martin


Related services and key industries


Keith Martin is a deal lawyer whose principal areas of practice are tax and project finance. He acted for 160 companies last year. He also lobbies Congress and the Treasury Department on policy issues. The prestigious Chambers directory has called him a "preeminent authority on tax structurings in the US" and gives him its sole "star" ranking among US renewable energy lawyers.

Professional experience

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M.Sc, The London School of Economics
JD, George Washington University
BA, Wesleyan University

  • District of Columbia Bar
  • New York State Bar
  • Chambers USA, Nationwide, Projects: Renewables and Alternative Energy: Star individual, Chambers and Partners, 2022 
  • Chambers USA, Nationwide, Projects, Chambers and Partners, 2022 
  • Who's Who Legal: Project finance
  • Chambers USA, Nationwide: Project finance, Band 1
  • Chambers USA,  Nationwide: sole "star" ranking in US renewable energy
  • Chambers Global: renewables & alternative energy and project finance, band 1
  • Legal 500 Hall of Fame, Renewable and alternative energy, 2022
  • Legal 500 US: recommended lawyer, project finance
  • Legal 500 US: tax
  • Highly regarded, Banking – United States, IFLR1000, Euromoney Institutional Investor
  • Best Lawyers in America
  • Washington DC Super Lawyers: tax
  • Lawdragon 500 Leading Dealmakers in America
  • Editor, Project Finance NewsWire.

He is the author of more than 200 articles and book chapters on project finance subjects, including the following:

  • "Effects of the Russian Invasion," Project Finance NewsWire, March 2022
  • "Calculating How Much Tax Equity Can Be Raised," Project Finance NewsWire, March 2022
  • "Hydrogen Funding and Tax Credits," Project Finance NewsWire, December 2021
  • "Solar Tax Equity Structures," Project Finance NewsWire, December 2021
  • "Inbound US Investment Structures for Renewable Energy," Project Finance NewsWire, June 2021
  • "Tax Credits for Carbon Capture," Project Finance NewsWire, February 2021
  • "Partnerships Flips," Project Finance NewsWire, February 2021
  • "Renewable Energy Tax Credits Extended," December 2020
  • "Depreciation Bonus Questions Answered," Project Finance NewsWire, October 2020
  • "Cap on Interest Deductions Explained," Project Finance NewsWire, August 2020
  • "COVID-19: Economic Relief Measures for Companies," Project Finance NewsWire, April 2020
  • "Opportunity Zones and Renewable Energy," Project Finance NewsWire, June 2019
  • "Solar Construction-Start Guidelines," Project Finance NewsWire, August  2018
  • "Solar Tax Manual," distributed by the Solar Energy Industries Association
  • "How the US Tax Changes Affect Transactions," Project Finance NewsWire, December 2017
  • "Nuts and Bolts of Financing Storage," Project Finance NewsWire, October 2017
  • "Inverted Leases," Project Finance NewsWire, June 2017
  • "Batteries and Tax Credits," Project Finance NewsWire, October 2016
  • "Utility Solar Tax Manual," distributed by the Smart Electric Power Alliance
  • "Solar Securitizations: Practical Advice," Project Finance NewsWire, April 2016 (co-author)
  • "US Partnerships Get A Makeover," Project Finance NewsWire, November 2015
  • "Lessons from US Offshore Wind Projects to Date," Project Finance NewsWire, September 2015
  • "Line Drawing for MLPs," Project Finance NewsWire, July 2015
  • "Corporate Inversions: Slowed But Not Stopped," Project Finance NewsWire, November 2014
  • "Yield Cos Compared," Project Finance NewsWire, December 2013
  • "Drive to Reduce the Cost of Capital," Project Finance NewsWire, April 2013
  • "Prepaid Power Contracts," Project Finance NewsWire, September 2012
  • "Master Limited Partnerships," Project Finance NewsWire, March 2006
  • "Financing Pollution Control," Project Finance NewsWire, October 2005
  • "Canadian Income Funds," Project Finance NewsWire, December 2003
  • "Tax Issues in Project Sales," Project Finance NewsWire, February 2003
  • "Corporate Inversions," International Tax Review, May 2002
  • "Municipal Power Deals," Project Finance Monthly, February 2001
  • "Latest Tax Angles for Latin American Projects," Practical Latin American Tax Strategies, September 1999
  • Infocast wind and solar finance & investment summit, Scottsdale, March 2022
  • Tax Executives Institute energy conference, Houston, February 2022
  • Partnership flip webinar, February 2022
  • Annual community solar power forum, Boston, February 2022
  • University of Texas annual renewable energy law conference, February 2022
  • Infocast projects & money conference, January 2022
  • Cost of Capital: 2022 Outlook webinar, January 2022
  • CLEANPOWER 2021 convention, Salt Lake City, December 2021
  • Energy Storage Association convention, Phoenix, December 2021
  • BofA Securities clean energy conference, December 2021
  • Solar tax equity structures webinar, November 2021
  • Southeast renewables summit, Charlotte, November 2021
  • Manulife investor conference, fireside chat, November 2021
  • EUCI utilities and renewables conference, October 2021
  • Tax Executives Institute convention, Orlando, October 2021
  • ACP offshore wind conference, Boston, October 2021
  • Infocast asset valuation workshop, October 2021
  • Independent Energy Producers annual meeting, South Lake Tahoe, September 2021
  • BofA Securities carbon capture conference, July 2021
  • ACORE annual renewable energy finance forum, June 2021
  • CLEANPOWER 2021 conference, June 2021
  • The Fletcher School symposium on carbon capture, May 2021
  • Infrastructure Plan: Outlook in Congress, March 2021
  • Merchant financings after Texas webinar, March 2021
  • Counsel, Senator Daniel Patrick Moynihan (D-New York)
  • Legislative assistant, Senator Henry M. Jackson (D-Washington)


US renewables sector faces near-term challenges

Publication | March 14, 2022

Solar tax equity structures

| December 14, 2021

Current challenges

| December 14, 2021

Hydrogen funding and tax credits

| December 14, 2021