Renewable Energy Project Financing: Legal Strategies for Structuring the Deal

Navigating Financial Incentives, Sources of Capital, Debt and Equity Structures

Recording of a 90-minute CLE webinar with Q&A


Conducted on Tuesday, May 30, 2017
Recorded event now available


This CLE webinar will provide guidance to counsel for renewable energy projects on the incentives, sources and structures associated with financing renewable energy projects. The panel will offer their insights and perspectives on financing renewable energy projects.

Description

Finding the right financial structure for renewable energy development is complex. Viable alternatives to traditional power purchase agreements as the basis for financing renewable energy projects are emerging and providing alternative financing options for project developers and sponsors.

A variety of funding sources exist for municipalities, private developers, and corporations interested in securing financing for renewable energy projects. However, securing the necessary capital remains a challenging endeavor.

New financing products and deal structures are emerging and existing products are evolving to meet the significant growth in renewable energy development, putting even more pressure on the demand for capital. Counsel to sponsors, developers and investors must understand the markets and tools available to leverage financing trends to their advantage.

Listen as our authoritative panel of energy attorneys examines financing of renewable energy projects, reviews financial incentives that are available, sources of capital, and debt and equity structures, and offers best practices for financing renewable energy.

Outline

  1. Finance-ability of the renewable energy project—critical issues
    1. Regulatory scheme
    2. Permitting and land use
    3. Risk
    4. Revenue
    5. Potential litigation
  2. Financial incentives
    1. Revenue streams
    2. Subsidies—direct and indirect
    3. Department of Energy/USDA loan guarantees
  3. Sources of capital
    1. Sources of debt for development
    2. Sources of equity
  4. Debt and equity structures
    1. Debt financing structures—project-level or back-leverage
    2. Equity financing—sponsor equity and tax equity players
    3. Impact of tax reform
  5. Best practices for financing renewable energy

Benefits

The panel will review these and other key issues:

  • What are the key issues in evaluating the financing options available for a renewable energy project?
  • What are key issues to address to help projects be financeable?
  • What financial incentives are available to investors in renewable energy projects?
  • What are the current prime sources of capital for renewable energy project developers?
  • Should parties be concerned about possible impacts of federal tax reform efforts?

Faculty

Jessica I. Basil, Of Counsel
Gibson Dunn & Crutcher, New York

Ms. Basil's practice focuses on project and general finance in the areas of gas, power and infrastructure, with a particular focus on representing lenders, sponsors and developers in connection with the construction, development, financing and operation of power generation projects. In addition, Ms. Basil has experience in the acquisition, disposition and restructuring of major infrastructure projects. Ms. Basil has extensive experience in wind, solar and other alternative energy sources (such as landfill gas, hydro and biofuels) in the U.S., Latin America and Europe.  

Darin Lowder, Partner
Ballard Spahr, Washington, D.C.

Mr. Lowder focuses on energy, project finance, and related tax and public financing tools. He has worked with utilities, energy project developers, tax equity investors, engineering and construction firms, project site owners, and power purchasers on a variety of renewable-energy and fossil-fuel power projects. He is experienced with such project technologies as solar photovoltaic systems, onshore and offshore wind development, biomass and biofuel projects, coal-fired generation, next-generation nuclear power, and other alternative energy technologies.


Recordings

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CLE On-Demand Video $297.00

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Program Materials

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Program Materials

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CLE Credits

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Customer Reviews

I appreciated hearing from experts who practice in the field all the time.

David H. Bjornson

Garlington, Lohn & Robinson

I liked that the webinar covered the practical aspects of structuring renewable energy deals.

Richard D. Martinson

Riker Danzig

I enjoyed the program's high level of detail.

Claire C. Rosston

Dorsey & Whitney

I liked the practical focus and sophistication of the speakers and the advance availability of the webinar presentation materials.

Kevin Handly

Pierce Atwood

I enjoyed the webinar topic and being able to access the program via computer/phone.

Chasity O'Steen

Rose, Sundstrom & Bentley

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Environmental Law Advisory Board

John J. Allen

Partner

Allen Matkins

Albert M. Cohen

Partner

Loeb & Loeb

Aaron Courtney

Partner

Stoel Rives

Andrew N. Davis

Partner

Shipman & Goodwin

David R. Gillay

Partner

Barnes & Thornburg

Brian D. Israel

Partner

Arnold & Porter Kaye Scholer

Thomas J. P. McHenry

Partner

Gibson Dunn & Crutcher

James B. Slaughter

Principal

Beveridge & Diamond

Jeffrey A. Smith

Senior Counsel

Sidley Austin

E. Gail Suchman

Special Counsel

Stroock & Stroock & Lavan

Gregory D. Trimarche

Senior Counsel

Ring Bender

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