Ep33: IPPs, PPAs and Chapter 11
July 31, 2018 |
By
Todd Alexander in New York
and
Howard Seife
Bankruptcy lawyer Howard Seife sits down to talk about what happens when a power purchaser files for bankruptcy, using the recent Chapter 11 filing by First Energy Solutions as a case study. As we see more power projects financed based on projected cash flows from corporate PPAs, IPPs need to understand the credit risk presented by a potential bankruptcy of their counterparty.
