Overview
Our electricity clients keep coming back to us because of the industry experience and creativity that we consistently bring to their needs. Whether we are representing a major merchant generation company in acquiring 1700 MW of coal-fired generation in a new market, a developer of Greenfield generation in emerging markets, or a utility trying to implement a novel RFP approach, our goal is to find a way to help our clients achieve their business objectives through a combination of know-how, hard work and a can do attitude.
Our energy practice group has worked with generation assets of virtually every size, fuel type and geographic region. Domestically we have represented acquirers, developers and sellers of coal, gas, wind and biomass generation assets in nearly every market, including PJM and ERCOT. And we have extensive depth internationally as well, including in most of the active Latin American markets, China, Eastern Europe and Southeast Asia.
While the development of traditional generation assets have lessened in recent years, we have been extremely active in the development of wind farms. We have represented either the developer or the financer in the development of over 1500 MW of wind-powered generation in the last five years. As those assets have begun to change hands, we have been actively involved in representing the buyers and sellers of wind farms as well.
The following is merely a representative sampling of some of the electric industry transactions we have led:
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Represented Dynegy in the sale of its West Coast Power generation assets (located in Southern California) to NRG, and the acquisition of the Rocky Road generation assets in Illinois from NRG.
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Represented a public energy company in all facets of the development of a 588 MW cogeneration plant in Louisiana.
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Represented Dynegy in the sale of its Rockingham power plant in North Carolina to Duke.
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Spearheaded development of 200 MW inside-the-fence QF in South Texas, involving unique structuring issues.
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Represented a joint venturer in connection with a 110 MW barge-mounted oil-fired facility in Guatemala. This facility was the first barge-mounted facility ever developed.
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Represented a potential acquirer of two 500 MW merchant plants under development in Mississippi.
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Counseled a major private energy company in negotiating a power development, pipeline and energy marketing joint venture with a major electric utility. This project involved extensive regulatory analysis, assessment of existing power projects and energy trading operations, and negotiation of ownership, governance and risk allocation with respect to the joint venture. Starting with assets of more than $1 billion, this joint venture is considered one of the most successful energy traders in the country.
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Represented a public energy company in the acquisition of a 263 MW cogeneration plant.