Corporate Accounting Considerations for Virtual Power Purchase Agreements

Virtual power purchase agreements (VPPAs) can trigger specific accounting treatments and reporting requirements, which is why it is important for sustainability and energy procurement managers to work closely with their accounting team prior to entering into contract negotiations. To help with those conversations, LevelTen has created a VPPA accounting guide that covers the information accounting teams will require in order to approve and support the agreement.

The guide covers three main areas of concern for corporations that follow U.S. GAAP, including:

  • Lease Accounting
  • Derivative Accounting
  • Variable Interest Entity (VIE) Consolidation

Complete the form below to download a PDF of the guide:

LevelTen Energy

LevelTen Energy is the leading provider of transaction infrastructure for the clean energy transition, connecting buyers, sellers, and financiers through an international marketplace powered by trusted data and automation. The LevelTen Marketplace supports power purchase agreements (PPAs), energy attribute credits (EACs), capacity, and colocation — soon expanding to hybrid PPAs, granular certificate trading, and storage — so organizations can execute and manage clean energy transactions with confidence. With a network of more than 1,300 project developers in 35 countries, LevelTen is advancing carbon-free energy markets by making them more transparent, liquid, and accessible.