Serving the energy industry for over 30 years
By - Jon Brown

Renewable Energy PPAs
April 6-7, 2020 | Online :: Mountain Time

Download PDF
 

Overview

This is an Online Course. In lieu of recent developments with COVID-19, for the health and safety of our speakers and attendees, we have decided to move many of our events to Online Courses.

If this event is of interest you may also be interested in this related event

Valuation of PPAs, April 7-8, 2020 | Online

The Renewable Energy Power Purchase Agreements seminar is designed for those in the renewable energy industry who are new to PPAs or who have worked with PPAs for a while and are ready to gain a deeper understanding of key provisions of PPAs, central legal concerns, and the allocation and mitigation of risk in PPA transactions. The course will begin with an introduction to the development and financing process. The instructors will (i) review the various general contract terms found in general PPAs , (ii) provide an overview of environmental and permitting matters that arise in the context of PPAs, (iii) discuss PPA structures and issues unique to on-site generation, community solar and projects that combine storage, and (iv) dive into corporate or financial PPA structures and issues.

The course will break PPA issues into issues that arise during the pre-commercial operation period, issues related to the actual achievement of commercial operation, and issues that arise in the post-commercial operation period. Examples of problems that have arisen both before and after project completion will be given, and the solutions to these problems will be discussed. The topics covered will include risk allocation during curtailments, environmental considerations, managing change in law risk, the process and requirements for the declaration of milestone completion (especially the commercial operation milestone), liquidated damages, indemnification, and limitations of liability.  Special consideration will be given to issues arising with distributed generation projects, alternative structures to PPAs, and issues arising in corporate PPAs.

During the course the instructors will provide and review specific contract language, and will offer methods and practices for successful negotiations, as well as an overview of valuation and market trends in the context of corporate or financial PPAs.

Learning Outcomes

  • Review the basics of project finance, PPA contract terms, and the PPA bidding process
  • Assess sample PPA language
  • Discuss methods and practices for successful negotiations
  • Review key provisions and provisions arising under certain PPA structures
  • Discuss how to appreciate and allocate legal and commercial risks
  • Review non-typical PPA structures

Credits

IACET Credits

AP_Logo

EUCI has been accredited as an Authorized Provider by the International Association for Continuing Education and Training (IACET).  In obtaining this accreditation, EUCI has demonstrated that it  complies with the ANSI/IACET Standard which is recognized internationally as a standard of good practice. As a result of their Authorized Provider status, EUCI is authorized to offer IACET CEUs for its programs that qualify under the ANSI/IACET Standard.

EUCI is authorized by IACET to offer 1.2 CEUs for this event.

Upon successful completion of this event, program participants interested in receiving CPE credits will receive a certificate of completion.

Course CPE Credits: 12.0
There is no prerequisite for this Course.
Program Level: Beginner/Intermediate
Delivery Methood: Group-Live
Advanced Preperation: None

CpeEUCI is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.

Upon successful completion of this event, program participants interested in receiving CPE credits will receive a certificate of completion.

Course CPE Credits: 12.0
There is no prerequisite for this Course.
Program Level: Beginner/Intermediate
Delivery Methood: Group-Live
Advanced Preperation: None

CLE Credits

This event has been approved by the Colorado State Supreme Court Board of Continuing Legal and Judicial Education for 11 CLE credits.

Instructional Methods

PowerPoint presentations and classroom discussion will be used in this course for each learning outcome. 

Requirements for Successful Completion of Program 

You must be logged in for the entire presentation and send in the evaluation after the course is completed.

Agenda

Monday, April 6, 2020

All times are in U.S. Mountain Time 

8:00 – 8:30 a.m. :: Login and Welcome

8:30 a.m. – 5:00 p.m. :: Course Timing 

11:30 a.m. – 1:00 p.m. :: Lunch Break


8:30 – 9:30 a.m. :: Overview of Project Development and Finance (The Role of the PPA)

  • Development Process
  • Basics of Project Finance
  • Financeability Issues in PPAs
  • Legal Considerations

9:30 – 10:15 a.m. :: General Contract Terms

  • Limits of Liability
  • Indemnification
  • Boilerplate

10:15 – 10:30 a.m. :: Morning Break


10:30 – 11:30 a.m. :: Pre-COD and COD Issues

  • Conditions to Effectiveness
  • Development & Construction
  • Declaration of Commercial Operation
  • Permissible Delays
  • Performance Security
  • Liquidated Damages

11:30 a.m. – 1:00 p.m. :: Group Luncheon


1:00 – 2:15 p.m. :: COD & Post-COD Issues

  • Sale of Energy & RECs  
  • Metering & Payment 
  • Curtailments 
  • Typical Issues Arising during Operations 
  • Defaults 
  • Operations & Maintenance 
  • Changes in Law 

2:15 – 2:45 p.m. :: Environmental Issues in PPAs

  • Environmental Law: Definitions and Representations

2:45 – 3:00 p.m. :: Afternoon Break


3:00 – 5:00 p.m. :: Storage, Distributed Generation, Community Solar Net Metering

  • Combination Storage + Generation PPAs
  • On-Site Generation
  • Community Solar PPAs

Tuesday, April 7, 2020

8:30 a.m. – 12:00 p.m. :: Course Timing 


8:30 a.m. – 12:00 p.m. :: Corporate PPAs

  • Available Structures
  • Financial PPAs and Contracts for Differences
  • Provisions to Consider
  • Marketing Claims
  • Challenges
  • Trends
  • Financial Modeling

Instructors

Ashley K. Wald, Partner, Holland & Hart LLP

Ashley Wald provides sophisticated guidance to clients in the solar, wind, hydropower, and natural gas industries as they develop energy projects and related infrastructure across the United States.  She assists her clients at all stages of energy project development and finance, from site acquisition through commercial operation, with particular emphasis on construction contracts and power purchase agreements.  In addition, Ashley negotiates power purchase agreements on behalf of purchasers of clean power, including municipal utilities and electric cooperatives. She is uniquely positioned to provide insights and strategic solutions based on her experience sitting on both sides of the negotiating table.  She also counsels clients in the purchase and sale of energy project assets and project companies.


Leslie S. Boyle, Partner, Holland & Hart LLP

Leslie Boyle advises clients in connection with their commercial transactions and the development, financing, and operation of large infrastructure projects.  Leslie negotiates the contracts required for every stage of a project’s life cycle, including the contracts required for a project’s day-to-day operation and revenue generation. She also advises clients in the negotiation of joint ventures for the development and operation of infrastructure projects. 

Her clients range from national midstream oil and gas companies, independent power producers, and mining companies, to apparel retailers and equipment manufacturers.


Rochelle Rabeler,  Partner,  Holland & Hart LLP

Rochelle counsels developers, investors, sponsors, and independent power producers in connection with wind, solar, storage, and other energy projects throughout the United States, varying in size from 100 kW to 1000+ MW.

Both buyers and sellers benefit from Rochelle’s comprehensive experience guiding clients through each nuance of project development contracts, mergers and acquisitions, and debt and equity financings, including ISDA and other hedge and swap agreements.

Rochelle’s guidance successfully steers clients through each phase of a project’s lifecycle, from inception to construction and through financing and operation, including the negotiation of land acquisition documents, power purchase agreements, equipment procurement and construction contracts, operations and maintenance agreements, and shared facilities agreements.

Rochelle specializes in power purchase agreements (PPAs) and has extensive experience representing parties in the negotiation of traditional physical offtake PPAs with both utilities and private commercial and industrial offtakers and also financial and virtual PPAs or contracts for differences. Rochelle has helped clients successfully negotiate and execute corporate PPAs for wind and solar projects totaling more than 1 GW in the aggregate.


Jill Van Noord, Of Counsel, Holland & Hart LLP

Jill Van Noord focuses on counseling clients in regulatory compliance and permitting, with a special emphasis on air quality-related issues. Her expertise also includes working with clients on the environmental aspects of developing, constructing and operating power generation and energy infrastructure projects in the U.S. In addition, Jill regularly represents clients in enforcement actions before state agencies and the Environmental Protection Agency as well as negotiating settlements of disclosures of issues identified through systematic environmental audits and investigations. Her clients include mining, manufacturing, oil and gas, and electric generation companies.   


Adam Irwin, Schneider Electric

As a Cleantech Client Manager Adam serves as the primary interface between corporate renewable energy buyers and Schneider Electric’s industry-leading cleantech advisory services. Having advised on over 3,500 MWs of corporate renewable purchases to date, he provides strategy development, procurement structuring, project valuation, and transaction guidance for customers navigating the risks and opportunities associated with cleantech solutions. Adam helps customers understand key trends in the market and advocates customers’ interests to leading industry vendors.  Adam has been with Schneider Electric since 2016, prior to which he held positions on both the buy-side and sell-side of the energy market. As an energy and sustainability manager with AT&T (DIRECTV), Adam oversaw the design and implementation of the company’s renewable energy strategy and served as an operations manager for resource management programs and sustainability reporting. Before this, Adam worked with a renewable energy development company where he originated power purchase agreements with large utilities and Fortune 500 companies.

Online Delivery

We will be using Microsoft Teams to facilitate your participation in the upcoming event. You do not need to have an existing Teams account in order to participate in the broadcast – the course will play in your browser and you will have the option of using a microphone to speak with the room and ask questions, or type any questions in via the chat window and our on-site representative will relay your question to the instructor.

  • You will receive a meeting invitation will include a link to join the meeting.
  • Separate meeting invitations will be sent for the morning and afternoon sessions of the course.
    • You will need to join the appropriate meeting at the appropriate time. 
  • If you are using a microphone, please ensure that it is muted until such time as you need to ask a question.
  • The remote meeting connection will be open approximately 30 minutes before the start of the course. We encourage you to connect as early as possible in case you experience any unforeseen problems.

Register

Please Note: Confirmed speakers do not need to register and are encouraged to participate in all sessions of the event. If you are a speaker and have any questions please contact our offices at 1.303.770.8800

Please Note: This event is being conducted entirely online. All attendees will connect and attend from their computer, one connection per purchase. For details please see our FAQ

Event Standard RateAttendees
Renewable PPAsUS $ 1195.00

This event has the following related events:

Valuation of PPAsUS $ 1195.00

Take advantage of these discounts!

  • Attend the Course and Valuation of PPAs and pay US $ 1,995.00 per attendee (save US $ 395.00 each)

Cancellation Policy

Your registration may be transferred to a member of your organization up to 24 hours in advance of the event. Cancellations must be received on or before March 06, 2020 in order to be refunded and will be subject to a US $195.00 processing fee per registrant. No refunds will be made after this date. Cancellations received after this date will create a credit of the tuition (less processing fee) good toward any other EUCI event. This credit will be good for six months from the cancellation date. In the event of non-attendance, all registration fees will be forfeited. In case of conference cancellation, EUCIs liability is limited to refund of the event registration fee only. For more information regarding administrative policies, such as complaints and refunds, please contact our offices at 303-770-8800

By clicking Accept or closing this message, you consent to our cookies on this device in accordance with our cookie policy unless you have disabled them. more information

By clicking Accept or closing this message, you consent to our cookies on this device in accordance with our cookie policy unless you have disabled them. You can change your cookie settings at any time but parts of our site will not function correctly without them. We use cookies during the registration process and to remember member settings.

Close