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.
Five Takeaways: What’s New in Energy Private Equity? Trends and Developments in a Shifting Investment Landscape
By Edward Zaelke, Christopher Gladbach and Seth B. Doughty 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. The most impactful changes in energy investment over the last decade have been the drop in natural gas...
Five Takeaways: Navigating President Trump’s Executive Order on US Bulk Power System Electric Equipment
By Neil Levy, Joel A. Hugenberger, Heather Cooper, Carl J. Fleming and Seth B. Doughty 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...
By Edward Zaelke, Christopher Gladbach and Seth B. Doughty 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 below: There is no clear insight yet into...
By Edward Zaelke, Carl J. Fleming and Seth B. Doughty 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: Despite COVID-19, there...
By Philip Tingle, Neil Levy, Lloyd J. MacNeil, Edward Zaelke and Seth B. Doughty 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....
COVID-19 and Wind Projects: A Legal and Commercial Checklist for Tax Equity, Debt Financing and Project Documentation
By Edward Zaelke, Carl J. Fleming and Seth B. Doughty 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,...
By Edward Zaelke, Carl J. Fleming and Seth B. Doughty 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...
By Lloyd J. MacNeil, Joel A. Hugenberger and Seth B. Doughty 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...