Clients rely on our ability to find practical solutions to help them complete transactions essential to their businesses. We are skilled negotiators who help clients implement deals, craft documents and reduce obstacles and risks that move initiatives and transactions forward.
Environmental Transactions
OpenAddressing environmental issues early and as an integral part of a transaction can be vital to controlling costs and securing important business outcomes. Our environmental team helps clients understand and manage the challenges that frequently arise in such business transactions. Whether reviewing site assessments, working on due diligence investigations, advising on environmental contingent liabilities, or negotiating environmental indemnities and insurance coverage, we advise a wide range of clients in numerous fields, industries, and markets regarding mergers and acquisitions, sales and purchases of property and assets, financings and real estate conveyances, and complex redevelopment and Brownfields projects.
Energy Development, Finance, and Transactions
OpenAdvancing companies’ growth and long-term energy strategy can require access to financing and skill in negotiating project development and energy procurement contracts. Clients rely on our energy attorneys to cost-effectively deliver on such transactions.
Our group has broad experience in developing power plants from inception to operation—advising our clients throughout the planning, construction, environmental, commercial operation, and retirement phases associated with project ownership. We also help clients acquire ownership interests in generation facilities and secure related operating agreements. We can structure, negotiate, and document the full array of project agreements needed to advance clients’ objectives. These agreements cover projects involving traditional power sources and renewable ones, including solar, wind, hydroelectric, and biomass facilities.
Our energy finance lawyers have helped clients secure financing to move countless energy projects forward or to implement other operating or growth strategies. We help them obtain and comply with financing arrangements, including:
- credit facilities for long-term, construction, or interim financing;
- short-term asset financing;
- syndicated credit facilities; and
- general purpose lines of credit.
We have extensive experience serving electric cooperative clients in negotiating financing for acquisitions and loans with the Rural Utilities Service, National Rural Utilities Cooperative Finance Corporation, and CoBank, ACB.
Our energy team helps clients secure energy supply and related agreements and implement transactions supporting their energy strategy.
We are highly skilled in negotiating agreements for the short- and long-term purchase and sale of energy, transportation capacity, and related services critical to delivering, or gaining access to, electric and natural gas supply. We help secure agreements covering electric and natural gas transmission service, interconnections, and arrangements for coordination, transportation, and distribution. We also help clients acquire and sell generation and transmission facilities.
Our natural gas lawyers pioneered structured natural gas prepay agreements for municipal utility systems to save their customers tens of millions of dollars in gas costs. By creating joint action organizations and issuing municipal bonds, these clients prepay for long-term supplies of natural gas at a price below market rates. We have represented gas buyers in more than 30 gas prepayment transactions with total bond issuance amounts of more than $20 billion.