Seth B. Doughty
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Seth B. 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.
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 Carl J. Fleming, Edward Zaelke 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 Carl J. Fleming, Edward Zaelke 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 Joel A. Hugenberger, Lloyd J. MacNeil 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...