Repurposing Fossil Fuel Assets for Renewable Energy: Legal Implications, Deal Structures, Managing Regulatory Issues
Recording of a 90-minute premium CLE video webinar with Q&A
This CLE course will guide energy counsel on the processes and legal challenges for adapting or repurposing fossil fuel assets for the energy transition. The panel will discuss legal implications for adapting assets to become greener, repurposing as an alternative to decommissioning and stranded assets, possible deal structures for adapting or repurposing assets, and managing federal and state law challenges.
Outline
- Applicable federal regulations and guidance
- Repurposing fossil assets
- Deal structures
- State law considerations and challenges
- ESG and disclosure considerations
Benefits
The panel will discuss these and other key issues:
- What impact do federal regulations and recent developments have on transitioning fossil fuel assets to new uses? Drivers for the energy transition.
- What are the key considerations for adapting or repurposing fossil fuel assets for renewables? Federal and state law challenges and opportunities for projects.
- What are the challenges and key provisions when structuring deals for the adapting or reuse of fossil fuel assets? Legal and contractual challenges.
- How can investments in these project assist with ESG principles? Climate disclosure pressures.
Faculty
Steve Peterson
Partner
Sheppard Mullin
Mr. Peterson is a partner in the Corporate Practice Group in the firm's Houston office. He represents public and... | Read More
Mr. Peterson is a partner in the Corporate Practice Group in the firm's Houston office. He represents public and private companies in connection with mergers and acquisitions, dispositions, joint ventures, securities offerings, corporate restructurings, venture capital, private equity financings and matters related to corporate governance. Mr. Peterson also has significant experience representing clients in a diverse array of industries, including energy, food and beverage, hospitality, automotive and industrial. He has advised companies, family offices, sponsors, borrowers, lenders and investors on hundreds of transactions totaling several billions of dollars over his career.
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Joshua Sturtevant
Attorney
SheppardMullin
Mr. Sturtevant is an attorney in the Real Estate, Energy, Land Use & Environmental Practice Group in the firm's... | Read More
Mr. Sturtevant is an attorney in the Real Estate, Energy, Land Use & Environmental Practice Group in the firm's New York office*. His practice focuses on project development and complex transactions in the regulated utility and renewable energy sectors, including the emerging offshore wind and energy storage markets. Mr. Sturtevant represents clients in project and asset acquisitions and dispositions, joint ventures and joint development arrangements, a variety of offtake arrangements, construction and procurement agreements and other commercial matters integral to the full life span of a project. He has served in both outside counsel and in-house roles with clients ranging from developers, family funds, PE shops and hedge funds to regulated utilities. Mr. Sturtevant is licensed in Massachusetts and currently pending admission in New York.
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E. Gail Suchman
Partner
Sheppard Mullin
Ms. Suchman is a partner in the Real Estate, Energy, Land Use & Environmental Practice Group in the... | Read More
Ms. Suchman is a partner in the Real Estate, Energy, Land Use & Environmental Practice Group in the firm's New York office. She has more than 30 years’ experience in all facets of environmental and energy law and policy, advising clients on transactions, litigation and regulatory matters. Her practice includes permitting and compliance, transactional due diligence, litigation and legislative matters. Ms. Suchman works closely with real estate and industrial developers on traditional environmental and land use matters, as well as community and governmental matters, sustainability, and resilience. is a member of the firm’s ESG and Sustainability team and advises clients on disclosure rules in connection with climate impacts and “green advertising.” She works on renewable energy and energy storage projects, the conversion of traditional refineries to biofuel production, and carbon capture and sequestration.
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