Our approach
Public power and electric cooperative executives need to access investors and lenders to implement strategic alternatives for serving load growth, this decade and beyond.
As an integral part of this billion dollar U.S. electric utility industry, public power and electric co-ops play a critical role in our nation’s economy and in our local communities.
Public power and co-op clients use our trusted legal advice to help with everything from the development and acquisition of interests in generation projects (coal and gas) to environmental permitting. We are known for financing system electric needs—and our critical knowledge of trends and potential roadblocks.
Our strategic thinking and integrated approach combines business, construction, public finance, tax, environmental and regulatory experience in a nationally recognized practice.
We understand the industry. We see the complex issues facing public power today and tomorrow. And we provide our clients with answers to their questions and solutions to their problems.
We work with
- Public power entities
- Electric cooperatives
Recent experience
- Represent 11 load serving entities, (four that are public power entities) that are participants of the CapX 2020 Transmission Expansion Projects (Central Minnesota Municipal Power Agency, Dairyland Power Cooperative, Great River Energy, Minnesota Power, Minnkota Power Cooperative, Missouri River Energy Services, Otter Tail Power Company, Rochester Public Utilities, Southern Minnesota Municipal Power Agency, WPPI Energy and Xcel Energy). Two of our lawyers were honored as “2011 Dealmakers of the Year” by The American Lawyer in connection with this project.
- Florida Municipal Power Agency in connection with the acquisition of its interest in a 633 MW combined cycle electric generating facility. The participants in this project were an investor-owned utility and several public power entities.
- Missouri Joint Municipal Electric Utility Commission, several Arkansas cities (which ultimately participated through MJMEUC) and the Municipal Electric Agency of Mississippi in connection with the acquisition of an interest in the $1.3 billion Plum Point Project, which is a new 650 MW coal-fired power plant under construction in Arkansas. We handled the drafting and negotiation of the Participation Agreement, the Asset Purchase Agreement and the other project documents in the Plum Point Energy Project, a 660 MW sub-critical coal-fired facility now under construction in Oseola, Arkansas. The transaction was named “Midwest Deal of the Year” by The Bond Buyer.
- Indiana Municipal Power Agency in connection with acquiring an undivided interest ownership in the Prairie States Energy Campus Project. Our firm was the principal drafter of the Participation Agreement, Project Development Agreement, Asset Purchase Agreement and other project documents in the transaction. The project is an approximately 1600 MW mine mouth coal-fired generating facility that is currently under construction and is the largest coal-fired generating facility to be constructed in twenty years.
