Patrick Ferguson

Partner

San Francisco

Patrick helps clients originate, develop, and operate renewable energy, storage and transmission projects throughout the United States. Recognized as a market-leading authority in energy regulatory law, Patrick helps companies implement first-of-their-kind commercial strategies to lower their carbon footprint or sell carbon-related products.

Described by Chambers USA as “sought out by energy companies for his expert regulatory and commercial advice as well as his strength in proceedings before the CPUC,” Patrick works on commercial and regulatory challenges involving the transition of the electric power grid to renewable resources. He represents some of the country’s largest power producers in wholesale and retail energy and capacity market transactions.

Patrick advises solar, wind, geothermal, and energy storage project sponsors on site acquisition, transmission, and power purchase agreement negotiations. He also assists producers of new technologies that combat climate change, including renewable fuels, carbon capture, and carbon offset credits, in structuring novel commercial transactions.

  • Project Development

    • Chevron New Energies in the negotiation and drafting of a cooperation agreement with California CCAs for the development of a demonstration geothermal project.
    • Storage developer in long-term tolling agreements with IOUs and CCAs for 460 MW of energy storage capacity in California.
    • Developers with projects involving “novel” technologies, including carbon capture and sequestration, aggregated demand resource, long-duration storage, and pumped hydro storage.

    Power Purchase Agreements

    • Geysers Power Company in the sale of bundled renewable energy and capacity to Clean Power Alliance of Southern California, Marin Clean Energy, Northern California Power Agency and Northern California Power Agency in multiple transactions.
    • Calpine Corporation in sale of bundled energy and capacity from a wide range of existing and new-build resources, including combined-cycle gas units, solar, wind, geothermal, biomass, and energy storage resources to utilities and corporate offtakers.
    • Renewable developers in bidding, negotiation, and sale of RA to California load serving entities, including import and pseudo-tie resources.

    Behind-the-Meter Projects

    • Independent power producer in the development of 2+ GWs of distributed solar + storage resources behind the meter to support green hydrogen and data center loads.
    • Corporate buyer in the purchase of a 30 MW solar+storage facility to support its on-site operations
    • Arizona utility in purchase and aggregation of thousands of residential solar + storage devices to be operated as a centralized demand response resource.
    • Corporate and utility buyers in the purchase of renewable energy and capacity, including through PPAs, “virtual” PPAs, and hedging transactions as well as purchase and sale agreements to acquire utility ownership of the resources.

    Resource Adequacy Contracting

    • California’s largest independent power producer in the structuring, negotiation, and sale of resource adequacy capacity (RA) from natural gas, geothermal, solar, and energy storage resources.
    • Renewable developers in bidding, negotiation, and sale of RA to California load serving entities, including import and pseudo-tie resources.
    • Arizona utility in purchase and aggregation of thousands of residential solar + storage devices to be operated as a centralized demand response resource.
    • Investors and other market participants in establishing CAISO wholesale market participation and preparation of enabling agreements (WSPP, EEI, ISDA).

    Transmission and Interconnection

    • On regulatory and commercial issues related to development of the 732 mile TransWest Express Transmission project.
    • Merchant transmission developer in the creation of a first-of-its-kind cost recovery model to allow for the development of a high voltage transmission line that will deliver wind energy from Wyoming to California.
    • Independent power producers in the negotiation of interconnection agreements, commercial arrangements, and related dispute resolution with utilities and other transmission owners, particularly in the CAISO market.