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Documents on Energy, Banking & Financial Services, Utilities
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|Recent Electricity Developments in Saskatchewan - A Step Forward|
Shane Freitag; Borden Ladner Gervais LLP;
June 13, 2013, previously published on June 12, 2013The Province of Saskatchewan has seen an economic resurgence over the past decade with provincial growth expected to be one of the highest in Canada. Saskatchewan Power Corporation (“SaskPower”), the vertically integrated utility owned by the Province of Saskatchewan has seen a...
|GPSC Approves Georgia Power Company’s 2013 GPASI Utility-Scale RFP Documents|
Alston Bird LLP;
June 13, 2013, previously published on June 7, 2013During the May 7 Administrative Session, the Georgia Public Service Commission unanimously approved Georgia Power Company’s 2013 Request for Proposals (RFP) for Solar Photovoltaic Generation and the associated Pro Forma Georgia Power Advanced Solar Initiative Utility Scale Power Purchase...
|Project Finance and USDA Rural Utilities Service - Request for Comments|
Bryan Stockton; Mintz Levin Cohn Ferris Glovsky Popeo P.C.;
June 7, 2013, previously published on June 6, 2013On June 5, Acting Agriculture Under Secretary for Rural Development Doug O’Brien announced publication of an Advanced Notice of Proposed Rulemaking (ANPR) requesting public comment on expanding renewable energy and project financing programs under the Rural Utilities Service (RUS). The RUS...
|MA to Issue AA+ $100m of Green Bonds on June 4|
Jordan Collins; Skadden Arps Slate Meagher Flom LLP;
May 27, 2013, previously published on May 24, 2013The State of Massachusetts announced that on June 4, 2013, it will issue $100 million of Green General Obligation Bonds (“GO Green Bonds”) underwritten by Bank of America Merrill Lynch.
|CPUC Petitioned to Develop Methodology to Quantify Costs, Benefits of Energy-Reducing Programs for Water Sector|
Sophie A. Akins; Best Best & Krieger LLP;
May 27, 2013, previously published on May 24, 2013The California Public Utilities Commission’s (CPUC) own Division of Ratepayer Advocates (DRA) petitioned the CPUC yesterday to start a rulemaking proceeding that would develop a partnership framework between investor-owned utilities (IOUs) and the water sector to co-fund programs to reduce...
|Dispute Over Duke’s 2012 Proposed Rate Increase Continues|
Mary Kathryn (Katie) King; Spilman Thomas & Battle, PLLC;
May 21, 2013, previously published on May 16, 2013On April 12, 2013, the N.C. Supreme Court stepped into the ongoing dispute regarding the 7.2 percent rate increase sought by Duke Energy and approved by the North Carolina Utilities Commission (NCUC) in January 2012. Duke initially sought a 12 percent rate increase, but eventually entered into a...
|Tax-Efficient Capital Vehicles for Unregulated Utilities: REITs, MLPs and Up-Cs Considered|
Nickolas Gianou, David F. Levy, Sean M. Shimamoto; Skadden, Arps, Slate, Meagher & Flom LLP;
May 17, 2013, previously published on May 15, 2013Over the last several years, a confluence of political and market developments have made capital for renewable energy projects harder to come by, which has affected the ability of unregulated affiliates of public utilities (“Unregulated Utilities”) to finance or refinance new and...
|Power Plant Project Suspended After California Public Utilities Commission Ruling|
Sophie A. Akins; Best Best & Krieger LLP;
May 15, 2013, previously published on May 10, 2013In a ruling that highlights how California Public Utilities Commission (CPUC) decisions can have broad impacts on proposed power projects, the CPUC recently denied San Diego Gas & Electric Company (SDG&E) the authority to enter into a power purchase tolling agreement for the Quail Brush Energy...
|Ohio Manufacturers’ Association Pushes to Maintain Ohio’s Energy Standards|
McDonald Hopkins LLC;
April 30, 2013, previously published on April 26, 2013Dr. Neal Elliot, associate director for research for the American Council for an Energy Efficient Economy (ACEEE), was a panelist at the Senate Public Utilities Committee on April 23, 2013 where he testified on behalf of the Ohio Manufacturers’ Association (OMA) in support of the...
|Out With the Old, in With the New - CIP Version 5 on the Horizon|
Sutherland Asbill Brennan LLP;
April 25, 2013, previously published on April 23, 2013Electric utilities and other generation and transmission companies will be subject to new cybersecurity standards under a proposed rule issued by the Federal Energy Regulatory Commission (FERC). FERC proposed to approve the long-awaited Version 5 of the North American Electric Reliability...