Joint Development Agreement Energy

» Posted by on Apr 10, 2021 in Uncategorized | 0 comments


“This innovative joint development agreement demonstrates RES`s enormous commercial flexibility,” said Glen Davis, President and CEO of RES America. “We are very pleased to be working with Southern Power, one of the leading renewable energy owners and investors in the United States, to successfully complete this portfolio of projects. The windy capacity resulting from these efforts will create economic benefits and increase employment opportunities in renewable energy and allow our customers to reduce their carbon footprint. The structure of the agreement with Southern Power is a new approach by RES, which has previously entered into very limited development partnerships. However, rapid wind growth across America has paved the way for creative operational relationships with strong partners. The RES-Southern Power partnership will leverage both companies to bring significant wind capacity to market and could provide a model for cooperation between ETS and others. The fast-growing renewable energy industries in the United States offer small developers, owners and operators exciting opportunities – whose projects, which lack the capital and resources of the major players, generally require common development agreements. These relatively short-term joint ventures can be tedious, costly and frustrating to structure and negotiate, while clients and their businesses may not be able to meet significant transaction costs. Rimons Buz Barclay and the experts from the expert panel will put their experience on the table to help practitioners, to see some corners for their clients and identify issues that are important enough for the laundry list – not – to spend little time and money to earn. ENGIE leads a number of energy companies in the U.S. and Canada, including electricity generation and coupling, natural gas and liquefied natural gas (LNG) distribution, retail energy sales and comprehensive services, to help customers operate their facilities more efficiently and optimize energy consumption and costs.