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HTMLTohoku Electric Power to Purchase Cameron LNG Supplies at Henry Hub Linked Prices
Sutherland Asbill Brennan LLP;
Legal Alert/Article
April 29, 2014, previously published on April 24, 2014
Reuters reports that Japan’s Tohoku Electric Power Company has signed an agreement with a Mitsubishi affiliate to purchase 300,000 tonnes of LNG per year over a 16-year period from the proposed Cameron LNG export terminal project near Hackberry, La. at Henry Hub natural gas-linked prices.

 

HTMLBluebonnet to Sell Water Subsidiary
Sutherland Asbill Brennan LLP;
Legal Alert/Article
April 24, 2014, previously published on April 22, 2014
Bluebonnet Electric Cooperative in Texas has announced that it is selling its water subsidiary, Corix Utilities (Texas) Inc. Corix Utilities is a water utility operator that already has a significant presence in Central Texas.

 

HTMLNRECA Reports Coop Renewable Capacity Has Doubled in Past Five Years
Sutherland Asbill Brennan LLP;
Legal Alert/Article
April 23, 2014, previously published on April 21, 2014
Coops’ renewable energy capacity has increased to 5.9 GW as of early 2014, which is in addition to the 10 GW that coops purchase from federal hydropower facilities.

 

HTMLFederal Judge Strikes Down Minnesota Coal Law
Sutherland Asbill Brennan LLP;
Legal Alert/Article
April 23, 2014, previously published on April 21, 2014
A federal district court judge has struck down a 2007 Minnesota law that restricted the ability of Minnesota utilities to build new coal plants or import energy generated from coal.

 

HTMLDairyland Receives White House Invitation
Sutherland Asbill Brennan LLP;
Legal Alert/Article
April 23, 2014, previously published on April 17, 2014
Nominated by the Rural Utilities Service, officials of Dairyland Power Cooperative will head to the White House for recognition of the coop’s ongoing efforts to promote and develop renewable energy projects.

 

HTMLSMECO Plans Another Solar Project
Sutherland Asbill Brennan LLP;
Legal Alert/Article
April 23, 2014, previously published on April 17, 2014
Southern Maryland Electric Cooperative (SMECO) recently announced a new 20-year power purchase agreement under which it will purchase the full output of the planned 10-MW Rockfish Solar Facility.

 

HTMLCFTC Loosens Requirements for Swaps for Utility Special Entities
Annie Dai Kwan, Diana M. Liebmann, Jeffrey J. Nichols, Brian Sung; Haynes Boone LLP;
Legal Alert/Article
April 14, 2014, previously published on April 4, 2014
On March 21, 2014, the Division of Swap Dealer and Intermediary Oversight (“Division”) of the CFTC issued a no-action relief letter (the “2014 Letter”), to temporarily allow entities to deal in utility operations-related swaps, as defined in the 2014 Letter, without counting...

 

HTMLMichigan Coop to Switch to District-Specific Board of Directors
Sutherland Asbill Brennan LLP;
Legal Alert/Article
April 11, 2014, previously published on April 2, 2014
The members of Great Lakes Energy, an electric cooperative based in Boyne City, Michigan, have voted to adopt a bylaw amendment switching to district-based voting for board members.

 

HTMLExcelerate Energy and PREPA Sign Definitive Agreements for the Aguirre Offshore GasPort Project
Sutherland Asbill Brennan LLP;
Legal Alert/Article
April 11, 2014, previously published on April 8, 2014
Globe Newswire reports that Excelerate Energy and the Puerto Rico Electric Power Authority (PREPA) have executed definitive agreements for the procurement, construction and operation of the Aguirre Offshore GasPort terminal, proposed for the south coast of Puerto Rico.

 

HTMLKansai Electric to Buy Cameron LNG Supplies at Henry Hub-Linked Prices
Sutherland Asbill Brennan LLP;
Legal Alert/Article
April 11, 2014, previously published on April 1, 2014
Reuters reports that Japan’s Kansai Electric Power Co. has entered into an agreement to purchase 400,000 tonnes of LNG per year from Mitsui & Co. over a 20-year period from the Cameron LNG terminal at Henry Hub-linked prices, starting in late 2017.

 


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