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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.

 

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...

 

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...

 

HTMLCoops Intervene in State’s Challenge of FERC Incentives
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 4, 2014, previously published on February 3, 2014
On January 24, the United States Court of Appeals for the Fourth Circuit, against a challenge by the North Carolina Utilities Commission (NCUC), upheld incentives granted by the Federal Energy Regulatory Commission (FERC) for certain transmission projects undertaken by Virginia Electric and Power...

 

HTMLVermont Net Metering Program May Be Overhauled
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 4, 2014, previously published on January 21, 2014
Vermont lawmakers are striving to raise the existing cap on the state’s net metering program to match the growing demand for residential renewable energy generation. A bill, approved by the House Natural Resources and Energy Committee last week, offers a fast-track solution ahead of larger...

 

HTMLIowa Companies Sue City Over Franchise Fees
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 4, 2014, previously published on February 4, 2014
Eighteen companies in Dubuque, Iowa, have filed suit against the city over its refusal to reimburse franchise fees. The plaintiffs claim that they have paid franchise fees on gas and electric utility bills imposed by utilities, including Maquoketa Valley Electric Cooperative.

 

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.

 

HTMLArizona Coop Forgoes 100% Equity Financing, Becomes CFC Borrower
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 4, 2014, previously published on February 11, 2014
Duncan Valley Electric Cooperative (DVEC), based in Duncan, Arizona, recently borrowed from the National Rural Utilities Cooperative Finance Corporation (CFC) to prepay future National Rural Electric Cooperative Association Retirement Security Plan contributions.

 

HTMLRate Case Returned to Surface Transportation Board for Review
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 4, 2014, previously published on February 18, 2014
The U.S. Court of Appeals for the District of Columbia Circuit has decided that the Surface Transportation Board must revisit the arguments of BNSF Railway Company about how to allocate costs and revenues in the $345 million electric rate case involving Basin Electric Power Cooperative and Western...

 

HTMLGeorgia Coop Retires Nearly $11 Million in Patronage Capital
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 4, 2014, previously published on January 21, 2014
Sawnee Electric Membership Corporation (Sawnee EMC) has announced that it will retire $10.6 million to approximately 63,900 eligible members through a general retirement of patronage capital for the years 1991, 1992 and 1993. This means that members that received electric service from Sawnee EMC...

 


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