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Husch Blackwell LLP

PUCT Finalizes Recommendations For 2019 Scope Of Competition Report

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The Public Utility Commission of Texas has finalized the recommendations it will include in its upcoming 2019 Report on the Scope of Competition in Electric Markets in Texas to the 86th Texas Legislature, which goes into...more

Cozen O'Connor

PA PUC Approves PA-American Water’s Fair Market Value Acquisition of McKeesport Wastewater System

Cozen O'Connor on

In one of the first acquisitions to be decided pursuant to a 2016 amendment to the Pennsylvania Public Utility Code (Code) that allows a public utility to rate base fair market value instead of depreciated original cost, the...more

Blank Rome LLP

New PA Law Gives Boost to Investor-Owned Acquisitions of Municipal Water and Wastewater Systems

Blank Rome LLP on

Action Item: A new Pennsylvania law makes the Commonwealth a much friendlier place for investor-owned water utilities to acquire municipally-owned water and wastewater facilities. Act 12 of 2016 mitigates the risk that the...more

McGuireWoods LLP

NextEra Acquires Hawaiian Utility for $4.3 Billion

McGuireWoods LLP on

NextEra recently acquired Hawaiian Electric Industries (“HEI”) in a transaction valued at $4.3 billion, subject to Hawaii Public Utilities Commission approval and approval by HEI shareholders. HEI shareholders will receive a...more

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