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ARTICLE · 14 APRIL 2020

Impacts Of COVID-19 On Renewable Energy Projects

MLT Aikins LLP
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The spread of COVID-19 has caused a number of public health and economic challenges, and has also raised a number of questions and concerns around the contractual obligations of project developers,...

CanadaCoronavirus (COVID-19)

The spread of COVID-19 has caused a number of public health and economic challenges, and has also raised a number of questions and concerns around the contractual obligations of project developers, project owners, land owners, contractors, subcontractors, suppliers and other stakeholders with respect to renewable energy projects.

Major issues for these various stakeholders include: (1) contractors, subcontractors and suppliers being unable to perform their contractual obligations; (2) significant delays in project schedules and other key deliverables; and (3) project developers and investors being unable to make payments when due. Any party unable to deliver, perform or make payments under a contract is at risk of defaulting under the contract, which could result in termination, liability for damages and other remedies.

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