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Board of Directors Public Utility Investors

Stoel Rives LLP

FERC Issues Order Expanding Findings Related to Non-Independent Directors and Affiliation

Stoel Rives LLP on

On September 6, 2024, the Federal Energy Regulatory Commission (FERC or Commission) issued an order finding that the presence of a non-independent director, i.e., one who is affiliated with an investor, on the board of...more

Latham & Watkins LLP

FERC Expands Scope of Affiliation Between Investor and Public Utility

Latham & Watkins LLP on

More investors in public utilities may now be considered affiliates, thereby significantly increasing compliance obligations and transactions subject to prior FERC approval. On October 20, 2022, the Federal Energy...more

Dorsey & Whitney LLP

FERC Increases Regulatory Oversight of Investors With Officers or Directors on Public Utilities’ Boards

Dorsey & Whitney LLP on

​​​​​​​The Federal Energy Regulatory Commission (“FERC”) recently ruled that an investor is deemed an affiliate of a public utility if the investor has a seat on the public utility’s board of directors. This rule indicates...more

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