Power Purchase Agreement

Draft Power Purchase Agreements in Minutes, Not Hours

14 minutes with CaseMark

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Upload your documents and get a finished work product in minutes. New accounts get $5 free to run their first skill.

14 minutes with CaseMark

What you'll need

Deal Term Sheet
Project Description
Party Information

SOC 2 Type II · HIPAA compliant · $5 free credit

Workflow

Overview

CaseMark's Power Purchase Agreement skill uses AI to draft commercially balanced, regulation-aware PPAs between generators and offtakers. The tool produces comprehensive agreements covering delivery, pricing, metering, performance guarantees, environmental attributes, credit support, defaults, and remedies — all structured to reflect current U.S. energy market practices.

Drafting power purchase agreements is one of the most complex tasks in energy law, requiring careful coordination of pricing mechanics, environmental attribute provisions, performance guarantees, credit support, and regulatory compliance across multiple jurisdictions. Attorneys and energy professionals often spend days assembling first drafts, cross-referencing market standards, and ensuring no critical provisions are overlooked.

CaseMark's AI-powered PPA drafting skill transforms this process by generating comprehensive, commercially balanced agreements from your deal terms and project details. The tool produces a complete 16-section agreement with exhibits, covering everything from definitions and delivery mechanics to force majeure and dispute resolution, giving your team a polished starting point in minutes.

How it works

1. Upload your deal term sheet, project details, and party information
2. AI analyzes commercial terms and drafts a regulation-aware PPA
3. Review and customize pricing, risk allocation, and attribute provisions
4. Export the finalized agreement in your preferred format (DOCX, PDF)

What you get

Parties and Recitals
Definitions and Interpretation
Term and Conditions Precedent
Sale, Purchase, Delivery, and Scheduling
Pricing, Invoicing, and Taxes
Metering, Measurement, and Data
Environmental Attributes and RECs
Representations, Warranties, and Covenants
Performance Standards and Liquidated Damages
Events of Default and Remedies
Force Majeure
Insurance and Credit Support
Termination and Consequences
Dispute Resolution and Governing Law
Miscellaneous Provisions
Exhibits A–E

What it handles

Comprehensive PPA structure with 16+ sections and exhibits
Automated pricing, escalator, and invoicing provisions
REC and carbon attribute ownership and transfer mechanics
Performance guarantees with liquidated damages frameworks
Credit support, insurance, and lender step-in provisions
Force majeure, curtailment allocation, and change-in-law clauses

Required documents

Deal Term Sheet
Summary of key commercial terms including pricing, term length, capacity, and delivery point
.pdf, .docx, .xlsx
Project Description
Facility details including technology type, location, nameplate capacity, COD targets, and interconnection status
.pdf, .docx
Party Information
Legal names, jurisdictions, signatory authority, and guarantor details for generator and offtaker
.pdf, .docx

Supporting documents

Interconnection Agreement
Existing or draft interconnection agreement with the relevant utility or ISO/RTO
.pdf, .docx
Lender Requirements
Project finance term sheet or lender consent requirements for assignment and step-in rights
.pdf, .docx
Prior PPA Precedent
Previous PPA or preferred template to guide style and structural preferences
.pdf, .docx

Why teams use it

Reduce PPA drafting time from days to minutes with AI-generated first drafts

Ensure comprehensive coverage of all critical commercial and risk provisions

Maintain consistency across multiple PPA transactions with standardized structures

Adapt agreements to specific project types, pricing models, and regulatory frameworks

Questions

What types of power purchase agreements can CaseMark draft?

CaseMark drafts U.S. power purchase agreements for a wide range of renewable and conventional generation technologies, including solar, wind, battery storage, and hybrid projects. The AI adapts the agreement structure to your specific project type and commercial model.

Does the PPA include REC and carbon attribute provisions?

Yes. CaseMark automatically generates detailed environmental attribute sections covering REC ownership, transfer mechanics, certification requirements, and carbon credit allocation. These provisions are tailored to the applicable state and federal frameworks.

Can the agreement accommodate project finance requirements?

Absolutely. CaseMark includes lender-friendly provisions such as step-in rights, consent rights, and assignment mechanics that are standard in project-financed transactions. You can customize these based on your financing structure.

How does CaseMark handle pricing structures and escalators?

CaseMark supports fixed-price, indexed, and hybrid pricing models with configurable escalation mechanisms, payment cycles, and tax allocation provisions. The AI drafts clear invoicing and settlement terms based on your commercial inputs.

Is the generated PPA compliant with ISO/RTO market rules?

CaseMark drafts delivery, scheduling, and metering provisions that are aware of major U.S. ISO/RTO frameworks. You should review the output with counsel familiar with your specific market territory to ensure full compliance.

Can I customize force majeure and curtailment provisions?

Yes. CaseMark generates comprehensive force majeure clauses with scope definitions, exclusions, and duration caps, along with curtailment allocation provisions. All sections are fully editable so you can tailor risk allocation to your deal.