Financing Wind and Solar Projects in the United States: A Survey of the Evolving Legal Landscape

This course, presented by Robert N. Freedman of Shearman & Sterling LLP, will discuss the current state of financing large scale wind and solar projects in the United States. The program will go beyond a discussion of standard financing structures and go in-depth on more advanced matters such as modernization of the Public Utility Regulatory Policies Act of 1978 (PURPA reform), the impact of the Federal Energy Regulatory Commission's December 2019 order involving PJM and the Minimum Offer Price Rule (the "PJM MOPR" decision), the current state of tax incentives, and battery storage. Attorneys who watch this course will walk away with an understanding of how to finance large scale wind and solar projects and pending regulatory reforms.

Learning Objectives:

1. Review standard financing structures for wind and energy projects

2. Discuss the latest developments surrounding PURPA reform

3. Examine the impact of the PJM MOPR decision

4. Survey the current state of tax incentives