Served as energy counsel to Energy Southeast, A Cooperative District (Energy Southeast) in closing on a prepayment transaction providing for Energy Southeast’s issuance of $866.6 million of tax-exempt bonds to fund the purchase of a 30-year supply of energy from an affiliate of Morgan Stanley to be sold at a substantial discount to market prices to Missouri Basin Municipal Power Agency, DBA Missouri River Energy Services, a municipal joint action agency existing in Iowa, Minnesota, North Dakota, and South Dakota. This is the 29th prepayment transaction (gas and electric bonds) that the firm has closed during FY2026.
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