Seth B. Doughty Seth B. Doughty

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Seth Doughty focuses his practice on transactional matters in the energy industry. He has in-house experience at one of the largest Southern California utility companies. There, he gained experience drafting and negotiating a large variety of contracts, amendments and consents for supply and power procurement agreements. Read Seth Doughty's full bio.

Six Takeaways from Wind Turbine Vendor Update: A Conversation with GE Renewable Energy


By , and on Jul 31, 2020
Posted In Power Markets, Project Development and Finance, Renewables

McDermott hosted GE Renewable Energy North America Services Sales Leader Ben Stafford, Commercial Director of Onshore Wind for the North Region Rob Bienick and Commercial Director of Onshore Wind for the West Region Matt Lynch on July 30 for a discussion about COVID-19’s impact to turbine supply chain and construction, the effects of the Production...

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New York Announces One of the World’s Largest Procurements for Offshore Wind and Onshore Renewable Energy Projects.


By , , , and on Jul 24, 2020
Posted In Environmental, Project Development and Finance, Renewables

On July 21, 2020, New York Governor Andrew Cuomo announced the largest combined clean energy solicitation ever issued in the United States, seeking up to 4 GW of renewable capacity. This capacity is broken up into 2500 MW of offshore wind and 1500 MW of onshore large-scale renewable energy projects. Access the full article.

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Five Takeaways: What’s New in Energy Private Equity? Trends and Developments in a Shifting Investment Landscape


By , and on Jun 26, 2020
Posted In Power Markets

McDermott recently hosted Andrew Ellenbogen of EIG Partners and Jeff Hunter of Apollo Global Management for a lively discussion about the trends and developments in today’s shifting investment landscape. Below are key takeaways from this week’s webinar. 1. The most impactful changes in energy investment over the last decade have been the drop in natural...

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Five Takeaways: Navigating President Trump’s Executive Order on US Bulk Power System Electric Equipment


By , , , and on May 22, 2020
Posted In Power Markets, Project Development and Finance, Renewables, Tax

President Trump’s May 1, 2020 Executive Order prohibiting certain transactions involving bulk-power system electric equipment developed, manufactured or supplied by a foreign adversary could have far-reaching implications for both the renewable and conventional power industries. It has also raised a high level of uncertainty and risk while the industry awaits the actual implementation of the...

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Five Takeaways: An In-Depth Look at the Federal Legislative Game Plan to Support Renewables


By , and on May 15, 2020
Posted In Renewables, U.S. Congress

On Thursday May 14, McDermott was joined by Gregory Wetstone, president and chief executive officer of the American Council on Renewable Energy (ACORE) to discuss the latest market updates on the severe disruption and uncertainty brought on the renewables industry by COVID-19. Five takeaways from this week’s webinar: 1. There is no clear insight yet into...

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Six Takeaways: Shifting Market Dynamics in Corporate PPAs


By , and on May 8, 2020
Posted In Power Markets, Project Development and Finance, Renewables

On Thursday, May 7, McDermott Partners Ed Zaelke and Carl Fleming were joined by Christen Blum, head of the Renewable & Analytics Advisory practices at Edison Energy, to hear her thoughts on the current effects of COVID-19 on the corporate power purchase agreement (PPA) market. Below are six takeaways from this week’s webinar: 1. Despite COVID-19,...

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Six Takeaways: How Utilities and IPPs Are Responding to COVID-19


By , , , and on May 1, 2020
Posted In Natural Gas, Power Markets, Project Development and Finance, Renewables

On Thursday, April 30, McDermott was joined by Brett Kerr, vice president of external affairs at Calpine, Drew Murphy, senior vice president of strategy and corporate development at Edison International, and Andrew Campbell, director of regulatory support and planning at NiSource who shared their perspectives on how investor-owned utilities and independent power producers are managing the COVID-19 crisis....

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COVID-19 and Wind Projects: A Legal and Commercial Checklist for Tax Equity, Debt Financing and Project Documentation


By , and on Mar 30, 2020
Posted In Power Markets, Renewables, Tax

The Coronavirus (COVID-19) pandemic has severely disrupted the wind market’s supply chain and labor resources, resulting in significant project delay risk. This legal and commercial checklist is a comprehensive practitioner’s guide to help sponsors and borrowers review their tax equity, financing, offtake and material project documents to ensure compliance with obligations, prevent unnecessary default triggers,...

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What COVID-19 Means For Renewable Projects And Financing


By , and on Mar 26, 2020
Posted In Renewables, Tax, U.S. Congress

The world is facing a situation unprecedented in modern times with the global spread and impact of COVID-19. Its rapid spread has brought severe disruption and uncertainty to everyone’s personal lives, as well as to the wind, solar and storage industry supply chains, the renewable project financing market, and global markets at large. While the...

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Community Solar Meets Requirements of California Solar Mandate


By , and on Mar 3, 2020
Posted In Project Development and Finance, Renewables

The California Energy Commission (CEC) has approved the first community solar program as a means of complying with California’s solar mandate. Specifically, on February 20, 2020, following a three-hour hearing with many speakers on both sides of the issue, the CEC unanimously approved the Sacramento Municipal Utility District’s (SMUD) proposal to allow homebuilders to use...

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