Renewable Energy Projects: Negotiating Power Purchase Agreements
Structuring Terms to Meet State and Federal Renewable Power Standards and Address Related Risks
Recording of a 90-minute premium CLE video webinar with Q&A
This CLE course will guide counsel to companies involved in renewable energy projects to identify and understand the critical terms and effectively negotiate and structure power purchase agreements (PPAs). The panel will discuss key provisions of PPAs for buyers and sellers, highlight the differences between corporate and traditional PPAs, discuss pitfalls to avoid, and offer practical methods to allocate risks and benefits in long-term contracts.
Outline
- Key provisions of a PPA
- Key terms
- For buyer
- For seller
- PPAs for different types of renewables and hybrid projects
- Strategies for negotiation
Benefits
The panel will review these and other key issues:
- What are the critical provisions of PPAs for buyers and sellers?
- What are the features of different types of renewable energy and hybrid configurations that must be considered when negotiating the PPA?
- How do "corporate" PPAs (including contracts for differences) differ from traditional PPAs?
- What approaches can parties and counsel use to allocate risks and benefits in the long-term contract?
Faculty
Eric L. Christensen
Principal
Beveridge & Diamond
Mr. Christensen is one of the Pacific Northwest’s leading energy and natural resources attorneys. His practice... | Read More
Mr. Christensen is one of the Pacific Northwest’s leading energy and natural resources attorneys. His practice focuses on assisting both emerging energy and clean tech companies and traditional energy companies navigate the complex legal and regulatory systems governing the nation’s energy industry. With more than 27 years of experience, Mr. Christensen has successfully represented clients in complex litigation and regulatory matters, ranging from the U.S. Supreme Court to major proceedings before federal and state agencies. In addition, he has successfully guided clients through major transactions involving, for example, renewable and traditional energy facilities, complex energy and derivatives trades, brownfields redevelopment, engineering and construction services, early-stage and traditional financing, risk management, and government grants and tax incentives.
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William H. Holmes
Partner
K&L Gates
Mr. Holmes focuses his practice in the area of energy and infrastructure projects and transactions with an emphasis on... | Read More
Mr. Holmes focuses his practice in the area of energy and infrastructure projects and transactions with an emphasis on wind energy, solar energy, hydroelectric power, geothermal, biomass, natural gas, carbon offsets, and energy storage. His experience extends into corporate transactions, water law, and real estate law. Mr. Holmes also advises clients in negotiating major power purchase agreements, acquisition and sale of energy projects, EPC agreements, O&M agreements, fuel supply, and energy project development agreements.
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Darin M. Lowder
Partner
Foley & Lardner
Mr. Lowder is a partner and member of the firm’s Finance Practice. Although his practice extends to all aspects... | Read More
Mr. Lowder is a partner and member of the firm’s Finance Practice. Although his practice extends to all aspects of business law, he currently focuses his practice on energy, project finance, project development, and related tax and public financing. He is also a member of the firm's Energy Industry Team. He has experience with numerous project technologies including commercial, utility-scale, and residential-scale solar photovoltaic systems; onshore and offshore wind development; biomass and biofuel projects; and other energy and alternative energy technologies.
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