Clayton De Arment

About

Partner Clayton De Arment represents the buyers and sellers of utility-scale solar, battery storage, and wind assets. Utilities, independent power producers, and developers hire him at Troutman Pepper Locke in Richmond. Private equity funds and investors hire Clayton for purchases and sales. His U.S. deals also reach rooftop solar portfolios and power transmission assets. Clayton forms joint ventures that fund and build new renewable projects. He has closed deals covering many gigawatts of generation capacity. He earned his J.D. from the University of Virginia School of Law in 2006. He handles transactions in the PJM, ERCOT, and MISO markets.

Who is a good fit for Clayton De Arment

• Utilities buying or selling energy transmission assets.
• Private equity funds acquiring utility-scale solar projects or wind farms.
• Independent power producers buying or selling a battery energy storage system.

Education and admissions

Education

• University of Virginia School of Law, J.D., 2006
• University of Virginia, B.A., 2000

Bar admissions

Virginia

Recognition

• Legal 500 United States: Energy: Energy Transactions: Electric Power - mid-market ($0-$500m) (2024-2026)
• Best Lawyers in America®: Corporate Law (2023-2027), Mergers and Acquisitions Law (2027)
• Virginia Super Lawyers “Rising Star” (2009-2018)
• Recipient of Troutman Sanders LLP 2010 James C. Roberts Award for Outstanding Achievement in Pro Bono Service

Specialties

Representative matters

As described on the firm’s website.

• Represented a public utility company in the sale of a distributed generation solar developer to a private equity buyer.
• Represented an ESOP-owned manufacturing company in connection with its sale to a public company.
• Represented a private packaging manufacturing company in the sale of its business.
• Represented a foreign public manufacturing company in the sale of its U.S. operations.
• Represented a public company in the acquisition of a plastic manufacturing business.
• Represented a cloud-storage company in connection with its sale to a public company.
• Represented a payments technology company in its sale to a private equity buyer.
• Represented a health care portfolio company of a private equity fund in the acquisition of other health care businesses.
• Represented a health care technology company in its sale to a public company.
• Represented a private equity fund in the sale of a health care-related business and manufacturing facility and the spin-off of a related medical practice.

Deal profile

Typical deal size

Any deal size

Remote work

In-person / regional