Served as energy counsel and swap counsel to cooperative district Energy Southeast in an electric prepayment transaction with Morgan Stanley Energy Structuring, LLC (MSES). Energy Southeast issued approximately $600 million in tax-exempt bonds to fund the acquisition of a fixed quantity of electricity to be delivered over the 30-year term of a prepaid energy sales agreement with MSES. Energy Southeast will sell all of the electric energy acquired in the transaction to the Alabama Municipal Electric Authority (AMEA) at a rate that produces significant savings for AMEA’s member and their retail customers.