ATLANTA (April 18, 2011) – Sutherland Asbill and Brennan LLP counseled Oglethorpe Power Corporation in closing this month a $529 million deal for two natural gas-fired, combined cycle generating units located in Murray County, Georgia totaling over 1200 MW of capacity. As a result of the purchase from KGen Power Corporation, an electricity generation company, Oglethorpe has now officially canceled construction of a planned 605-megawatt, combined cycle generating plant.
The Sutherland team representing Oglethorpe led by Thomas H. Warren included, Herbert J. Short, W. Jason Allman, Douglas J. Leary, Andrew D. Morris, and Ram C. Sunkara.
Oglethorpe is the nation's largest power supply cooperative with more than $7 billion in assets serving 39 electric membership corporations which, collectively, provide electricity to 4.1 million Georgians.
SUTHERLAND ASBILL & BRENNAN LLP
Sutherland Asbill & Brennan LLP is a law firm with global reach known for solving challenging business problems and resolving sophisticated legal issues for many of the world’s largest companies. Founded in 1924, the firm handles matters throughout the United States and worldwide. Seven major practice areas—corporate, energy and environmental, financial services, intellectual property, litigation, real estate, and tax—provide the framework for an extensive range of focus areas, allowing Sutherland attorneys to serve a diverse client base that ranges from small and medium-sized start-up businesses to a significant number of Fortune 100 companies.