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Opinions From the Street - Repowering

“It's easy: just get consent from 5-6 different parties, then acquire the operating project from a company that looks like a chump once they sell it to you, get NERC qualification, repair all the inverters, procure 100 MW of modules at a good price for near term delivery, refinance the debt, then renegotiate a PPA with a regulated utility, apply for a supplemental interconnection, procure FEOC compliant battery modules, then negotiate an EPC Agreement amidst a severe labor shortage, get a revised CUP, get a new take permit from a federal government agency that’s been ordered by the President not to give you one, secure a capacity contract, hire a QSE, get a legal opinion supporting the 80:20 test, and then sell the tax credit, and Boom....you’re repowered and totally fucking loaded."

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