BarbriSFCourseDetails
  1. keyboard_arrow_leftBack

Course Details

Course Information
  • smart_display Format

    On-Demand

  • signal_cellular_alt Difficulty Level

    Intermediate

  • work Practice Area

    Energy

Date & Time
  • event Date

    Wednesday, November 8, 2023

  • schedule Time

    1:00 p.m. ET./10:00 a.m. PT

  • timer Program Length

    90 minutes

Credit Information

  • This 90-minute webinar is eligible in most states for 1.5 CLE credits.

$347.00
CLE
ALL

This CLE webinar will provide renewable energy counsel and investors guidance on the legal framework and key considerations for Financing Distributed and Community Solar Projects. The panel will discuss recent federal and state initiatives and financing for advancing clean energy, key components of financing community clean energy, the process for project evaluation and selection, reporting and annual disclosures, beginning of construction rules, allocations, and best practices for energy counsel, investors, and developers.

Faculty

Zach Crowley
Partner
Clean Energy Counsel, LLP

As an experienced clean energy attorney, Mr. Crowley understands that he has both an opportunity and the responsibility to help transform our climate and our economy. Counseling clients to successfully lead the transition to clean energy is key to speeding that transformation. Mr. Crowley has spent his career working in project development and acquisition, preferred and tax equity, banking, and general corporate matters related to renewable energy projects. He represents borrowers in term loans, revolving credit, back-leverage, and mezzanine debt facilities.

expand_circle_down Expand to View Full Bio expand_circle_up Collapse Bio
Karleen Stern
Partner
Clean Energy Counsel, LLP

Ms. Stern's expertise includes sustainable energy development, joint venture partnerships, financing, construction and operations, policy and procedure development, and contract review and management. Her background spans legal and business roles for global renewable energy developers, startups, and law firms. Over the course of her career, Ms. Stern has provided legal and strategic guidance in the development, construction, and operation of over ten gigawatts of solar and wind utility scale projects, as well as over two gigawatts of C&I and behind-the-meter solar and solar and storage projects. Ms. Stern has extensive experience in negotiating and drafting project contracts for utility-scale and C&I solar, wind, and battery storage projects. She served as in house counsel at Fotowatio Renewable Ventures and SunEdison, and previously worked at the law firms Winston & Strawn and Stoel Rives.

expand_circle_down Expand to View Full Bio expand_circle_up Collapse Bio

Description

Finding the right financial structure for community solar and distributed generation project development is complex. Viable alternatives for financing these projects are emerging and providing various financing options for project developers and sponsors.

A variety of funding sources exist for developers interested in securing financing for community clean energy projects. However, securing the necessary capital remains challenging.

New financing products and deal structures are emerging and existing products are evolving to meet the significant growth in clean 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 community solar and distributed generation projects, reviews financial incentives that are available, discusses sources of capital and debt and equity structures, and offers best practices for counsel, investors, and developers.

Outline

  1. Financeability of community solar and distributed generation projects: critical issues
    1. Permitting and Site Control
    2. Environmental Risks
    3. Revenue
    4. Evaluating Counterparty Risk
  2. Financial incentives
    1. Federal Tax Credits
    2. State Programs
  3. Debt and equity structures
    1. Debt Options
    2. Tax equity vs. Transfers
  4. Key questions for financing community solar and distributed generation projects

Benefits

The panel will review these and other relevant issues:

  • What are the critical issues in evaluating the financing options available for a community solar and distributed generation projects?
  • What are the key issues to address to help projects be financeable?
  • What financial incentives are available to investors?
  • What are the current prime sources of capital for project developers?
  • What are the recent federal and state level developments for advancing clean energy projects?