Renewable Energy > Geothermal

As interest grows in the vast potential for producing energy from underground thermal resources in the United States and globally, energy companies and developers are confronted with many of the same complex legal and strategic issues as other energy producers even as they face challenges that are unique to geothermal energy. Akin Gump Strauss Hauer & Feld LLP attorneys understand these challenges and are ready to assist our clients in navigating the issues.

Our team assists clients with the project finance, joint development agreements, construction, design and maintenance contracts, power marketing, project purchase and sale, energy project side assessment and due diligence, energy regulation, taxation and litigation.

Our recent representations include:

  • representation of sponsor in the negotiation of power purchase agreements with Southern California Edison for the sale of energy from geothermal projects with a capacity of up to 150 MW to be installed in the southwestern United States
  • representation of a developer in connection with the financing, operation and expansion of a geothermal project near Coso Junction, California
  • representation of a developer in the development and financing stages of two 80 MW geothermal power projects in California, with power sales to Southern California Edison
  • representation of a leading U.S. developer in the development and financing stages of a 90 MW geothermal power project in Steamboat Springs, Nevada, with power sales to Nevada Power
  • representation of a joint venture in a project financing of a major geothermal project, BLM, in California
  • representation of a U.S.-based development company in the development, structuring and capital raise for a geothermal fund that is developing several geothermal projects in Nevada
  • representation of a developer in connection with the power off-take arrangements of a geothermal energy project in California
  • representation of a sponsor in connection with the repowering of geothermal projects located in California and Nevada
  • representation of a developer in connection with the development of a series of new geothermal projects in California and Nevada
  • representation of the developer of a Kenyan geothermal project in connection with its development and efforts to source debt and equity financing
  • representation of the developer and operator of geothermal renewable resources and related power generation facilities in Indonesia and the Philippines, as well as the arranger of financing in respect of a U.S. geothermal facility
  • representation of the underwriter in connection with the proposed private bond financing of a California geothermal power project.
  • representation of sponsor in the negotiation of power purchase agreements with Southern California Edison for the sale of energy from the geothermal projects with a capacity of up to 150 MW to be installed in the southwestern United States
  • representation of a leading U.S. developer in the development and financing stages of a 90 MW geothermal power project in Steamboat Springs, Nevada, with power sales to Nevada Power
  • representation of project sponsor in connection with the development, construction and financing of a geothermal project in California.