Apart from their assigned mod courses, 1L students may only enroll in courses offered as 1L electives. A complete list of these courses can be found on the 1L Elective Listings page. 1L students must use the 1L class number listed on the course description when enrolling.
270.65 sec. 001 - Energy Project Development & Finance (Spring 2023)
Instructor: Todd Gordon Glass (view instructor's teaching evaluations - degree students only)
Instructor: Scott Andrew Zimmermann (view instructor's teaching evaluations - degree students only | profile)
View all teaching evaluations for this course - degree students only
Units: 3
Grading Designation: Graded
Mode of Instruction: In-Person
Meeting:
W 6:25 PM - 9:05 PM
Location: Law 130
From January 11, 2023
To April 19, 2023
Course End: April 19, 2023
Class Number: 32339
Enrollment info:
Enrolled: 37
Waitlisted: 0
Enroll Limit: 37
As of: 08/24 11:03 PM
The course will follow the progression of the development and financing of projects in the clean energy and decarbonization industries. In addition to covering utility-scale energy generation, the course will address issues unique to the development and financing of other modern types of clean energy and decarbonization infrastructure, including distributed energy resources, energy storage, energy efficiency, electric vehicle charging, green hydrogen, biofuels, hydro and fuel cells. In the first half of the course we focus on project development, including applicable federal and state energy regulatory and jurisdictional issues, site development, interconnection, offtake arrangements, project construction, operation and maintenance and disposition. In the second half of the course we will cover project financing, including secured debt, corporate structuring, joint venturing, equity, tax equity and government incentives. The course addresses the theory of risk allocation and project finance structures commonly employed, while also covering practical negotiation and contract drafting strategies for addressing business, transactional and legal issues that arise on energy projects. We will also discuss industry developments and policy issues that impact the clean energy and decarbonization industries.
Students will complete the course with a fundamental understanding of how projects are developed and financed, and how the key regulatory and commercial forces affect the development of such projects, with a particular emphasis on the factors important to clean energy and decarbonization projects. While the course focuses specifically on the development and finance of projects, students will acquire skills broadly useful to transactional legal practices in other industries that incorporate aspects of corporate law, commercial transactions, technology transactions, regulatory proceedings and financing transactions.
This is an interdisciplinary course and we encourage interested graduate students from outside Berkeley Law to enroll.
The course is taught by Todd Glass and Scott Zimmermann, partners in the Energy & Climate Solutions practice at Wilson Sonsini.
Attendance at the first class is mandatory for all currently enrolled and waitlisted students; any currently enrolled or waitlisted students who are not present on the first day of class (without prior permission of the instructor) will be dropped. The instructor will continue to take attendance throughout the add/drop period and anyone who moves off the waitlist into the class must continue to attend or have prior permission of the instructor in order not to be dropped.
Exam Notes: (TH) Take-home examination
Exam Length: 6 hours
Course Category: Environmental and Energy Law
This course is listed in the following sub-categories:
Business Law
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Readers:
No reader.
Books:
Required Books are in blue
- Principles of Project Finance
E.R. Yescombe
Edition: 2d ed./2014
Publisher: Elsevier
ISBN: 9780123910585
e-Book Available: Yes
e-Book procurement note: https://www.elsevier.com/books/principles-of-project-finance/yescombe/978-0-12-391058-5
Price: $89.95
Price Source: user provided - From Edison to Enron: The Business of Power and What It Means for the Future of Electricity
Richard Munson
Edition: 2005
Publisher: Praeger Publishers
ISBN: 9780275987404
e-Book Available: Yes
e-Book procurement note: https://www.barnesandnoble.com/w/from-edison-to-enron-richard-munson/1100270678?ean=9780275987404&allFormats=true
Copyright Date: To Be Determined
Price: 46.00
Price Source: user provided - Renewable Energy Finance: Theory and Practice
Santosh Raikar and Seabron Adamson
Edition: 2019
Publisher: Elsevier
ISBN: 9780128164419
e-Book Available: Yes
e-Book procurement note: https://www.elsevier.com/books/renewable-energy-finance/raikar/978-0-12-816441-9
Copyright Date: To Be Determined
Price: 99.95
Price Source: user provided - The Law and Business of International Project Finance
Scott L. Hoffman
Edition: 3d ed./2007
Publisher: Cambridge University Press
ISBN: 9780521708784
e-Book Available: Yes
e-Book procurement note: https://www.amazon.com/Law-Business-International-Project-Finance/dp/0521708788
Copyright Date: To Be Determined
Price: 85.80
Price Source: user provided