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Sutherland represents a leading electric power generation and transmission cooperative in the $500 million acquisition of two natural gas-fired, combined cycle generating units totaling over 1,200 MW of capacity.

Description
Our team conducted due diligence on the generating facility and related assets from a quasi-public company, which included the assumption of a complex payment in lieu of taxes (PILOT) tax abatement and bond structure, together with related infrastructure arrangements and easements. We negotiated a purchase and sale agreement and structured the transaction to allow for satisfaction of the seller’s fiduciary duties and for efficient financing.

Our Story

Eversheds Sutherland is an international law firm helping the Fortune 100, industry leaders, sector innovators and business entrepreneurs solve their biggest challenges and reach their business goals. Dedicated to unfaltering excellence in client service, we are known for our business savvy and industry intelligence, providing creative and custom solutions for each of our clients. Industry and business experience makes the difference for our clients.

click to watch Videocast: Eversheds Sutherland SALT Scoreboard – 2016 Year in Review
Videocast: Eversheds Sutherland SALT Scoreboard – 2016 Year in Review
Washington, DC
Washington, DC
© 2017 Eversheds Sutherland (US) LLP
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Experience - Sutherland represents a leading electric power generation and transmission cooperative in the $500 million acquisition of two natural gas-fired, combined cycle generating units totaling over 1,200 MW of capacity.
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