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HTMLJapanese Utilities to Invest $1.2 Billion In Freeport LNG Train 1
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 4, 2014, previously published on February 28, 2014
Bloomberg reports that Osaka Gas Company (Osaka) and Chubu Electric Power Company (Chubu) will each invest $600 million for their own 25% in shares of liquefaction Train 1 at Freeport LNG’s proposed export terminal near Freeport, Texas.

 

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...

 

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...

 

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.

 

HTMLJapan Looks at Canadian LNG Supplies but Potential Obstacles Remain
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 4, 2014, previously published on January 22, 2014
The Globe and Mail reports that the Japanese government and Tokyo Electric Power Company are looking favorably upon obtaining LNG from British Columbia (B.C.), Canada. However, possible shortages of labor for terminal construction, details of the impending B.C. LNG tax, and the potential for a...

 

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.

 

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.

 

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...

 

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.

 

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...

 


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