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 transactional lawyer whose principal areas of practice are tax and project finance. He acted for 116 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
  • 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,  band 1
  • Legal 500 US: leading lawyer, renewable and alternative energy
  • Legal 500 US: recommended lawyer, conventional power
  • 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
  • Editor, Project Finance NewsWire.

He is the author of more than 160 articles and book chapters on project finance subjects, including the following:

  • "Trump Bulk-Power System Order: Market Reaction," Project Finance NewsWire, June 2020
  • "Coronavirus: Economic Relief Measures for Companies," Project Finance NewsWire, April 2020
  • "Depreciation Bonus Questions Answered," Project Finance NewsWire, October 2019
  • "Opportunity Zones and Renewable Energy," Project Finance NewsWire, June 2019
  • "Cap on Interest Deductions Explained," Project Finance NewsWire, December 2018
  • "Solar Construction-Start Guidelines," Project Finance NewsWire, August  2018
  • "Solar Tax Manual," distributed by the Solar Energy Industries Association
  • "Tax Equity and Carbon Sequestration Credits," Project Finance NewsWire, April 2018
  • "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
  • "Partnership Flips," Project Finance NewsWire, April 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
  • "Solar Tax Equity Structures," Project Finance NewsWire, September 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
  • "US Inbound Investment Strategies," Project Finance NewsWire, November 2011
  • "Calculating How Much Tax Equity Can Be Raised," Project Finance NewsWire, June 2008
  • "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
  • Solar tax equity structures webinar, June 2020
  • Carbon sequestration webinar, June 2020
  • State of the tax equity market webinar, May 2020
  • Coronavirus relief measures webinar, March 2020
  • Market outlook webinar with leading tax equity investors, lenders and M&A advisors, March 2020
  • Business outlook webinar with utility and renewables CEOs, March 2020
  • Solar Energy Industries Association annual finance conference, New York, February 2020
  • Inverted leases webinar, February 2020
  • Infocast wind finance & investment summit, San Diego, February 2020
  • University of Texas annual renewable energy law conference, Austin, January 2020
  • Infocast projects & money conference, New Orleans, January 2020
  • Southeast renewables annual conference, Atlanta, October 2019
  • AWEA offshore wind conference, Boston, October 2019
  • Rubicon private client event (fireside chat), New York, October 2019
  • Solar Power International convention, Salt Lake City, September 2019
  • Independent Energy Producers annual meeting, Tahoe, September 2019
  • Superpower webinar (book chat with Russell Gold and Michael Skelly), September 2019
  • Texas renewables annual conference, Austin, September 2019
  • SEIA/SEPA annual community solar power summit, Philadelphia, July 2019
  • ACORE/Euromoney Wall Street Renewable Energy Finance Forum, New York, June 2019
  • Bank of America Merrill Lynch 1st annual offshore wind conference, New York, June 2019
  • Global Windpower 2019 convention, Houston, May 2019
  • Novogradac renewable energy conference, San Francisco, May 2019
  • Energy Storage Association webinar on financing storage, April 2019
  • NextEra private client conference, Las Vegas, March 2019
  • Infocast solar finance & investment summit, San Diego, March 2019
  • Avangrid Renewables private client conference, Phoenix, March 2019
  • Federal Bar Association tax section annual meeting, tax equity panel, March 2019
  • Counsel, Senator Daniel Patrick Moynihan (D-New York)
  • Legislative assistant, Senator Henry M. Jackson (D-Washington)


Cost of capital: 2021 outlook

Webinar | January 21, 2021

US: Live post-election analysis

Webinar | November 06, 2020

US: What's new

Webinar | October 16, 2020

Energy transition

Publication | October 2020