#77 ENERGY LAWYERS Buyer Checklist You Need To Know Before You Spend Your Money. 25 Buyer-Beware Intelligence Points.

Written by

in

Legal Information Notice: This checklist provides general educational information only. It is not legal advice, does not create an attorney-client relationship, and may not apply to your jurisdiction or circumstances. Laws and deadlines vary. Do not rely on this checklist for a specific legal decision or deadline; consult a qualified attorney licensed in the relevant jurisdiction.

permits, infrastructure and jurisdiction.”

25 Buyer-Beware Warnings

  1. ☐ Identify the energy asset.
  2. ☐ Identify the applicable jurisdiction.
  3. ☐ Review permits.
  4. ☐ Review land rights.
  5. ☐ Review easements.
  6. ☐ Review interconnection issues.
  7. ☐ Review supply agreements.
  8. ☐ Review purchase agreements.
  9. ☐ Review regulatory requirements.
  10. ☐ Identify environmental exposure.
  11. ☐ Identify tax considerations.
  12. ☐ Review financing.
  13. ☐ Review insurance.
  14. ☐ Review construction obligations.
  15. ☐ Review operational obligations.
  16. ☐ Review termination provisions.
  17. ☐ Review force-majeure language.
  18. ☐ Identify counterparty risk.
  19. ☐ Verify counsel specialization.
  20. ☐ Ask which regulators have jurisdiction.
  21. ☐ Identify approval requirements.
  22. ☐ Model downside scenarios.
  23. ☐ Preserve regulatory communications.
  24. ☐ Track approval deadlines.
  25. ☐ Don’t treat a commercial energy contract as a normal vendor agreement.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *