Paul N. Belval

242 Trumbull Street
Hartford, CT 06103
T: (860) 275 0381
F: (860) 881 2509

Paul N. Belval – Partner

Professional Experience

Paul Belval's practice involves transactions relating to power projects and energy and water companies. Paul is chair of the firm's Renewable Energy and Energy Project Development and Finance practice groups. Paul has represented developers, investors, equipment suppliers, and power purchasers involved in a variety of renewable power and fossil fuel facilities, including the development, financing, and restructuring of those facilities. Paul drafted the contracts and operating rules for the NEPOOL Generation Information System (GIS) and has counseled the operators of other renewable energy credit trading systems in the development of those systems. Paul has also represented the firm's water company clients in a number of governmental and private financings and other transactions.

Practice Areas

Representative Matters

  • Negotiated and drafted multiple power purchase agreements for offshore wind facilities in the Northeast.
  • Counsel to lenders to geothermal projects in loans totaling $445 million that were guaranteed by the U.S. Department of Energy under Section 1705 of the ARRA.
  • Representing New England utility in various power and REC purchase agreements throughout its service area involving landfill gas, hydroelectric and anaerobic digester projects.
  • Counsel to water utility in tax-exempt bond, first mortgage bond and unsecured financings, including related state regulatory proceedings.
  • Serving as Assistant Secretary to NEPOOL, with responsibility for financial aspects of its operation.

News, Publications & Presentations


  • Pace University School of Law, J.D., magna cum laude, 1989, note and comment editor, Pace Law Review
  • University of Massachusetts, B.A., cum laude, 1984


  • State of Connecticut
  • State of New York

Professional Affiliations

  • Northeast Energy and Commerce Association, President
  • American College of Investment Counsel, fellow
  • Energy Bar Association
  • Connecticut Bar Association, Public Utility Law Section
  • American Bar Association, Section of Public Utility, Communication and Transportation Law, Renewable Energy Resource Committee
  • Connecticut Bar Foundation, James W. Cooper Fellow
  • American Bar Foundation, Fellow

Outside Interests

  • Greater Hartford Legal Aid Foundation, Board of Directors 2005-present; Vice President 2009-2011; President, 2011-2013
  • Greater Hartford Legal Aid, Inc., Board of Directors 2013-present
  • Christ Church Cathedral, Hartford, CT, Chancellor, 2006-2012

Awards and Achievements

  • Recognized as a Connecticut Super Lawyer, 2006-2014

  • Chosen for inclusion in The Best Lawyers in America, Energy Law, 2010-2015

  • Chosen for inclusion in Institutional Investor's Guide to the World's Leading Project Finance Lawyers, 2011

  • Chosen for inclusion in the Chambers USA Legal Directory as a leading energy attorney, 2013-2015