Jason Lewis Speaks at the International Energy Credit Association Spring Conference

Winston Partner Jason Lewis spoke at the International Energy Credit Association Spring Conference on April 4, 2024 in Tucson, Arizona. Following his “PPA 101” presentation at last year’s Annual Conference, Jason’s presentation, titled “PPA 201”, further discussed certain PPA provisions and specialized transaction structures. Below are key takeaways from the discussion.

KEY TAKEAWAYS:

• Power purchase agreements have continued to evolve with the market, and we will continue to see new offtake structures and issues.
• Renewable development and legislative incentives for renewables are currently driving that evolution, together with increased demand for energy due to electric vehicle usage, data centers, and generation retirements (among others).
• The outcome of the 2024 U.S. presidential election could have a profound effect on the market.
• Given the pace of pace of evolution and the prospect of abrupt change, negotiators need to be as aware as ever of the big picture and the details.