Jason Lewis represents market participants in transactions with respect to the sale and purchase of energy, commodities, and derivatives. He also advises clients in related regulatory and litigation matters.
He has worked with the electric power industry for more than two decades, representing utilities, generators, traders, end-users and financial institutions in a wide variety of matters. He has represented electric generation projects powered by wind, solar energy, natural gas and coal, as well as tolling counterparties and providers of energy management services, and has negotiated physical transactions and supply agreements with respect to natural gas, liquefied natural gas, refined petroleum products, crude oil, ethanol, sustainable aviation fuel, industrial metals and other commodities. Jason frequently advises lenders and developers with respect to power purchase agreements (PPAs), other offtake structures and interconnection issues in project financings for renewable and conventional electric generation facilities.
Jason’s experience includes financially settled derivative transactions regarding commodities, interest rates, currencies, and equities. Jason has represented borrowers and swap providers with respect to interest rate hedges for a number of significant energy and infrastructure financings.
He also has significant in-house “trade desk” experience. As a secondee following his return to private practice in 2014, Jason assisted a major oil refiner with respect to its formation and development of an organization to trade refined petroleum products and crude oil. Before returning to private practice, he served as inside counsel for the energy and commodities businesses of two financial institutions and represented them in a wide range of transactions for electric energy, capacity, ancillary services, natural gas, renewable energy certificates, agricultural products and metals, including an equally broad range of derivative transactions.
Jason is well versed in standard trading documentation, including the ISDA Master Agreement, EEI Master Power Purchase and Sale Agreement, NAESB Base Contract for Sale and Purchase of Natural Gas, LEAP Master Agreement for Purchasing and Selling Refined Petroleum Products and Crude Oil, and the WSPP Agreement. He also has advised clients with respect to the regulations of the Federal Energy Regulatory Commission (FERC), the Department of Energy (DOE) and the Commodity Futures Trading Commission (CFTC).
