King & Spalding announced today that tax lawyer Craig Phillips has joined the firm as a partner in its Corporate practice group. Phillips is based in the firm’s New York office.
Phillips works with private funds and corporations on complex M&A transactions, including joint ventures, acquisitions, dispositions and debt workouts. His work in the energy space has included tax-equity financing for wind and solar projects, such as flip partnerships and inverted leases, as well as investments in renewable natural gas, carbon capture and storage. He has worked more broadly with leading private equity and infrastructure firms on their strategic investments, as well as their fund structures and carry plans.
“Craig has a deep understanding of renewable energy financing, as well as experience with novel applications of federal tax credits in the carbon sequestration and renewable fuels industries, which are growing significantly since the passage of the Inflation Reduction Act,” said Jonathan Melmed, co-chair of King & Spalding’s Corporate practice group. “He gives our private equity and public company clients another valuable resource to tap when navigating capital-raising challenges for their projects.”
Phillips joins the firm from PricewaterhouseCoopers (PwC), where in addition to advising on energy and infrastructure transactions he provided tax advice to corporate clients and private funds across industries. He received his undergraduate degree from Rutgers University, his J.D. from the University of Pennsylvania Carey Law School and his LL.M. in taxation from the New York University School of Law.
“I am excited to be part of a team of lawyers that brings such a strong skill set, knowledge base and commercial focus to its clients, and to contribute to the sophisticated domestic and cross-border transactions King & Spalding handles,” Phillips said. “I look forward to helping clients navigate the fast-changing world of energy transition as we grow the firm’s practice in that area, while also maintaining a broad-based tax practice.”