About this Course
This course will provide an in-depth look at the legal and regulatory issues associated with the development and project financing of renewable energy projects such as wind, hydro, solar, and geothermal. The course will explain the various ownership structures that are used for developing an energy project, such as LLC arrangements and partnership agreements. The course will examine in depth the basic terms and conditions of the contracts that are necessary for a successful project financing, such as power purchase agreements, engineering contracts, fuel supply arrangements, and operation and maintenance agreements. The course will also cover the basic financing agreements that are part of an energy project financing such as credit agreements and equity arrangements. The course will explain the Federal and state regulatory issues that need to be addressed during a project financing, including providing an overview of the Public Utility Regulatory Policies Act, the Federal Power Act, and the Energy Policy Act of 2005. In addition, the course will examine Federal and state incentives for the development of renewable power projects such as renewable portfolio standards, renewable energy credits and production tax credits. The course will include a final written exam.