Andrew Westgate has left his role as Associate General Counsel, Carbon – Senior Analyst at Texas-based environmental credit hedge fund Clear Sky Advisers to join DLA Piper as a Partner in the law firm's project & energy practice in New York.
Westgate focuses his practice on carbon credits and other environmental credits, including regulatory advice, commercial contracts and bespoke structures for investment in the carbon space. He regularly advises on project development and carbon credit generation for carbon offset, carbon removal and carbon capture and sequestration projects.
Additionally, he also has extensive knowledge of carbon financial product structuring, regulatory compliance, credit stacking, negotiation and drafting of project development and carbon offtake agreements.
At Clear Sky, Westgate managed regulatory matters for the largest compliance credit portfolio in the marketplace with more than $1.4bn in AUM invested in carbon and developed new financial structures to offer access to California’s carbon market to different categories of investors, including a first-in-market secured lending facility backed by California Carbon Allowances.
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