Key Takeaways
- • Akin has added Greg Arutiunov as a tax partner in its New York office, expanding its energy & infrastructure practice with a focus on energy transition.
- • Arutiunov's practice covers federal income tax matters for energy project finance, tax equity, tax credit transfers, M&A and capital markets, plus private equity fund formations and REIT structures.
- • He previously worked in-house at NextEra Energy, which the firm describes as the largest electric power and energy infrastructure company in North America.
- • The hire follows recent additions of Richard Wright, Ron Erlichman, Nick Atwood, Mitch Holzrichter and Nick Vallorano, as the firm continues to build its platform.
Summary
Akin announced that Greg Arutiunov has joined the firm as a tax partner in its New York office. According to the firm, the appointment expands Akin's energy & infrastructure capabilities, particularly in the energy transition space, where he brings experience advising on the tax aspects of energy project development and financing.
Arutiunov's practice centers on federal income tax matters, especially energy transactions and financings. These include project finance, tax equity transactions, tax credit transfers, and M&A and capital markets transactions. He also has significant experience with private equity fund formations and LP-side investments, real estate joint ventures, REIT structures, and investments by non-U.S. and tax-exempt investors. Drawing on his in-house experience at NextEra Energy, he brings a commercial perspective to complex transactions, according to the firm.
Akin co-chair Abid Qureshi said demand for sophisticated tax counsel continues to grow for renewable energy and energy transition transactions, from project development and financing to M&A and capital markets activities. Corporate practice co-head Zachary Wittenberg said recent legislative changes have added new layers of complexity to the tax considerations central to these projects.
Arutiunov is the latest addition to the firm's energy & infrastructure platform. Recent hires include energy tax partner Richard Wright and projects & energy transition partners Ron Erlichman and Nick Atwood in New York, and energy & infrastructure partners Mitch Holzrichter and Nick Vallorano in Chicago. Akin describes itself as a leading international law firm with more than 1,100 lawyers across the United States, Europe, Asia and the Middle East.
Arutiunov's practice centers on federal income tax matters, especially energy transactions and financings. These include project finance, tax equity transactions, tax credit transfers, and M&A and capital markets transactions. He also has significant experience with private equity fund formations and LP-side investments, real estate joint ventures, REIT structures, and investments by non-U.S. and tax-exempt investors. Drawing on his in-house experience at NextEra Energy, he brings a commercial perspective to complex transactions, according to the firm.
Akin co-chair Abid Qureshi said demand for sophisticated tax counsel continues to grow for renewable energy and energy transition transactions, from project development and financing to M&A and capital markets activities. Corporate practice co-head Zachary Wittenberg said recent legislative changes have added new layers of complexity to the tax considerations central to these projects.
Arutiunov is the latest addition to the firm's energy & infrastructure platform. Recent hires include energy tax partner Richard Wright and projects & energy transition partners Ron Erlichman and Nick Atwood in New York, and energy & infrastructure partners Mitch Holzrichter and Nick Vallorano in Chicago. Akin describes itself as a leading international law firm with more than 1,100 lawyers across the United States, Europe, Asia and the Middle East.
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