Karl Ehlert, a Partner in MDD’s Los Angeles office, first became interested in renewable energy through his work on wind farm losses. “An adjuster who worked on losses in this sector would ask me to review various time element and business interruption claims. Depending on the cause of the loss and the extent of the damage, the losses could involve one turbine or the whole site.”
He was also intrigued by the industry’s use of Power Purchase Agreements. He says, “the pricing in the industry is straightforward because of the PPA; however, you still have to account for differing pricing structures based on factors like the time of day.”
Karl Ehlert
- Partner (Los Angeles)
- Company: MDD Forensic Accountants