Ep82: PPAs, Bankruptcy and Utilities, Oh My!

Howard Seife, global head of financial restructuring and insolvency at Norton Rose Fulbright, joins us to discuss how power purchase agreements are affected by utility bankruptcies in the wake of the latest ruling by a US appeals court in the FirstEnergy Solutions bankruptcy. He covers what the FirstEnergy Solutions case, plus experience with the PG&E and other recent bankruptcies, suggest about when a PPA can be rejected, what project owners and creditors can do to protect themselves, and more.