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HTMLIndiana Coop Becomes 100 Percent CFC Borrower
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 4, 2014, previously published on January 21, 2014
Indiana coop Jackson County Rural Electric Membership Corporation (Jackson County REMC) recently refinanced $100,000 in outstanding debt, making it a 100 percent National Rural Utilities Cooperative Finance Corporation (CFC) borrower.

 

HTMLSouth Carolina Coops Hit Hard by Winter Weather
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 4, 2014, previously published on February 18, 2014
Rural South Carolina was hit especially hard by the winter storms that recently swept across the Southeast, with most of the damage in areas served by The Electric Cooperatives of South Carolina.

 

HTMLDOE Conditionally Approves Cameron LNG Exports to Non-FTA Nations
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 4, 2014, previously published on February 11, 2014
Today, the U.S. Department of Energy issued an order approving Cameron LNG’s application to export 1.7 Bcf/day (approximately 12 million metric tons/year) of LNG over a 20-year period from the proposed Cameron LNG export terminal (“Cameron Terminal”) in Hackberry (Cameron Parish),...

 

HTMLVermont Coop Spends More than $7 Million on Damage from Ice Storm
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 4, 2014, previously published on January 24, 2014
Vermont Electric Cooperative (VEC) recently spent an unprecedented sum to repair damage caused by recent ice storms. While the cost is significant for a coop of VEC’s size, the coop’s goal is to find efficiencies and other ways to avoid rate increases.

 

HTMLTexas Coop Amends and Extends CFC Facility
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 4, 2014, previously published on February 11, 2014
South Texas Electric Cooperative (STEC), a generation and transmission cooperative based in Nursery, Texas, recently amended and extended its $350 million revolving syndicated credit facility, for which the National Rural Utilities Cooperative Finance Corporation (CFC) serves as administrative...

 

HTMLArticle Discusses How Oregon LNG Terminals May Be Quicker Alternative for Canadian Gas Exports
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 4, 2014, previously published on February 20, 2014
An article in Financial Post discusses how the proposed Oregon LNG and Jordan Cove Energy Project LNG terminals in Oregon may provide a quicker alternative for Canadian gas to reach Asian markets than LNG exports from proposed British Columbia LNG export terminals. According to the article, if...

 

HTMLIowa Coops in Legal Battle with Solar Energy Company
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 4, 2014, previously published on January 22, 2014
Public utilities and electric cooperatives in Iowa are arguing in front of the Iowa Supreme Court that a solar energy company has violated Iowa law by installing solar systems on buildings belonging to customers of the utilities and cooperatives and then selling the electricity produced by the...

 

HTMLMinnesota Coop Members Allowed to Pre-Purchase Energy
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 4, 2014, previously published on February 4, 2014
Lake Region Electric Cooperative, based in Pelican Rapids, Minnesota, is investing in a community solar initiative through a program that gives its members the chance to buy part of the solar output from the HQ Prairie solar project built at the coop’s headquarters.

 

HTMLCoast Guard Releases Draft Policy Letters on LNG Safety When Used as Ship Fuel
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 4, 2014, previously published on February 10, 2014
The U.S. Coast Guard issued a notice seeking public comment on two draft policy letters regarding safety measures for LNG when used as ship fuel. The first draft policy letter provides voluntary guidance for LNG fuel transfer operations on vessels using natural gas as fuel in U.S. waters, as well...

 

HTMLMagnolia LNG Signs Precedent Agreement for Kinder Morgan Louisiana Pipeline Capacity
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 4, 2014, previously published on January 29, 2014
Magnolia LNG has executed a legally binding Precedent Agreement with Kinder Morgan Louisiana Pipeline (KMLP) for firm transportation rights for the full 8 million tonnes/year capacity of the Magnolia LNG export terminal at Lake Charles, La. According to the press release, KMLP will proceed to file...

 


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