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Energy issues present tremendous challenges and opportunities in both the fuels and power segments of the global energy industry. Covington lawyers and policy advisors offer an unmatched array of expertise and long experience in these critically important, interdependent and rapidly transforming industries.
We operate seamlessly across all our offices to deliver coordinated advice and representation in regulatory and legislative matters, litigation and arbitration, and transactional work that maximizes value for our broad range of clients.
Our energy clients span the entire spectrum of industry participants including the largest multinational and state-owned oil and gas companies, pipeline and transport companies, electric utilities and independent power producers, nuclear developers, a full range of solar, wind and other renewable energy companies, and companies with leading edge technologies in biofuels and clean transportation, energy efficiency, demand management and smart grid, and resource management.
We also advise venture capital firms, private equity firms, investment banks and commercial banks that provide investment capital to these businesses as well as leading trade associations for many of these industry segments.
For information regarding our diverse experience across the energy sub-industries please refer to the links below:
- Fuels
- Energy & Transportation Technologies
- Electric Power
San Onofre Nuclear Generating Station Steam Generators Issues
Southern California Edison in connection with issues associated with the steam generators at San Onofre Nuclear Generating Station.
Defense of Lawsuits Raising Environmental Challenges
All the major domestic oil and gas trade associations in defending multiple ongoing district court and court of appeals lawsuits raising environmental challenges to continued exploration and development in the Gulf of Mexico and elsewhere.
Environmental Impact Analysis and Permitting in California Desert
BrightSource Energy on environmental impact analysis and permitting of its Ivanpah project in the California desert.
3rd Party Access to Distribution Resources and Required Retail Market Structure
Major national retail electricity supplier on the rules regarding 3rd party access to distribution resources and the retail market structure required to facilitate robust electricity supply competition in a dozen states including Texas, Pennsylvania, Illinois, Maine, Maryland, New York, Massachusetts and Ohio.
Off-shore Wind Farm Permitting Process Advice
Provide advice to NRG Bluewater Wind concerning permitting process by federal agencies for off-shore wind farm off the coast of Delaware.
$5.8 billion Atlas Pipeline Merger
Represented The Special Conflicts Committee of the Board of Directors of Atlas Pipeline Partners, L.P. in its $5.8 billion merger with Targa Resource Partners LP.
$3 billion CNOOC investment in Chesapeake Energy
Represented China National Offshore Oil Corporation Ltd. (CNOOC) in separate investments in the Eagle Ford and Niobrara shale properties held by Chesapeake Energy.
$15 billion acquisition of Nexen by CNOOC
Represented Nexen in its $15 billion acquisition by China National Offshore Oil Corporation Ltd.
Strategic advice on the adoption of EU energy efficiency requirements
Regulatory and strategic advice to a large manufacturer of electronic equipment on EU procedures for adoption of energy efficiency requirements on sound and imaging equipment under the ErP Directive.
Strategies and Comments on EPAs Proposed Emissions Regulation
Advise client on development strategies and comments related to the U.S. Environmental Protection Agency’s proposed rulemaking to regulate power plant greenhouse gas emissions.
$500 million in recoveries for oil and gas companies
Obtained nearly $500 million in judgments and settlements for multiple oil and gas companies in breach of contracts case against the U.S. government involving undeveloped federal oil and gas leases offshore North Carolina, Alaska, and Florida.
$5.6 billion acquisition of Invensys plc
Represented Schneider Electric on the CFIUS review and approval of its $5.6 billion acquisition of Invensys plc.
Successful Transfer of Operating Licenses Before NRC
KKR and TPG before the NRC in connection with the successful transfer of TXU Power's Comanche Peak operating licenses.
Successful Representation in Exploratory Well Plugging Litigation
An E&P company in litigation challenging an order requiring it to spend many millions of dollars to permanently plug an exploratory well on an offshore lease, winning an appellate decision vacating the order.
Approval of Renewable Fuels under EPA's Renewable Fuel Pathways Regulation
Advise advanced biofuels manufacturer regarding approval of new renewable fuels under EPA’s renewable fuel pathways regulations.
Boston Generating
Represented officer and director defendants in coverage dispute related to claims asserted against them by bankruptcy estate representative.
Borrego Solar Project Finance Fund
Represented Borrego Solar Systems, Inc. in connection with its $47 million project finance fund with partners U.S. Bank and East West Bank.
Cleantech Company in Series D Funding
Advised LanzaTech in a $60 million Series D financing led by Mitsui & Co., Ltd. and Guardians of New Zealand Superannuation Fund.
China Investment Corporation’s investment in AES Corp.
Represented China Investment Corporation in its $1.6 billion investment in AES Corp.
Calpine Project Financings
Represented Calpine and its subsidiaries, in over $10 billion of subsidiary project financings (in the form of project bonds, secured bank financings and subsidiary preferred stock), senior secured working capital credit agreements aggregating over $3.5 billion, and senior unsecured bridge financings aggregating $1.2 billion.
Biofuels Manufacturing Plant on Contaminated Property
Represented a client on environmental matters relating to building a biofuels manufacturing plant on contaminated property on a waterway in New Jersey.
Activist Shareholder Proxy Contest for Board Seats
Represented SandRidge Energy in a proxy contest brought by TPG-Axon Capital Management LP and representation of the company and the Board of Directors in corporate governance matters. SandRidge settled its proxy contest.
Atlas Pipeline Merger
Represented The Special Conflicts Committee of the Board of Directors of Atlas Pipeline Partners, L.P. in its $5.8 billion merger with Targa Resource Partners LP.
Utility company property damage recoveries
Represented Kansas City Power & Light Company in litigation over coverage for property damage caused by a boiler explosion.
Valdez oil spill-related arbitration for Exxon Corporation
Representation of Exxon Corporation in New York-seated arbitration and related judicial proceedings against its insurers for losses arising from the Valdez oil spill, resulting in a reported recovery of US$780 million.
Utility Air Regulatory Group v. EPA Amicus Brief
Prepare and submit amicus brief to the Supreme Court on behalf of legislators in Utility Air Regulatory Group v. EPA, 134 S. Ct. 2427 (2014).
U.S. Sanctions Application Advice
Advised major international oil and gas companies concerning the application of U.S. sanctions against Iran, Syria, and other U.S.-sanctioned countries to their businesses.
UNCITRAL arbitration against Indonesia
Representation of a joint venture of Newmont Mining and Sumitomo in an UNCITRAL arbitration against Indonesia relating to the government’s attempt to terminate rights to copper and gold resources under a Contract of Work.
Transmission-Related Matters for PSEG
Represent PSEG, a large New Jersey electric utility, with respect to a range of transmission-related matters including financial incentives and favorable regulatory treatments for large transmission projects, cost allocation policy for certain transmission investments, and market based rates for new generation projects. We advised on the Northeast Grid Reliability Project sponsored by PSEG, a transmission investment of almost $1 billion, and in particular with respect to the rate incentives applicable to the project. FERC granted a range of incentives for the project. In a separate representation, we advised PSEG in a FERC proceeding that secured rate incentives and certain favorable regulatory treatments for PSEG’s construction of five large high-voltage transmission projects.
Wood Pellet Production Facility Development
Representing Wood Fuels LLC in development and financing of a wood pellet production facility in North Carolina.
Wind Policy FERC Regulatory Matters
Advise American Wind Energy Association (AWEA) on FERC regulatory matters regarding wind and electricity policy.
White Paper for Major Energy Trade Associations
Represent seven major energy trade associations including Edison Electric Institute, American Gas Association, Natural Gas Supply Association, and Electric Power Supply Association in preparing a comprehensive White Paper evaluating FERC’s enforcement initiatives both substantively and procedurally, presenting it to FERC, and paving the way for the implementation of significant reforms to FERC’s enforcement program.
Wal-Mart Smart Grid and Demand Response
Wal-Mart on smart grid and demand response issues.
Virtual Electricity Trader FERC Investigation
Represent a virtual electricity trader in an on-going non-public FERC investigation of fraud and manipulation with respect to trading virtual electricity products and congestion revenue rights in the California ISO markets. As in other cases, we have responded to extensive data requests from FERC, defended depositions, reviewed documents and prepared position papers evaluating the factual and legal issues.
“Small Refinery” Exemption Advice
Advise petroleum refiner regarding the scope and applicability of the “small refinery” exemption from the renewable fuel standard.
Pipeline System Restructuring
Texican in contesting a settlement involving SCANA’s proposed restructuring of its pipeline system.
Permitting Projects in Light of Siting and Mitigation Requirements
Advise RES-Americas on likelihood of completing the permitting of several projects in light of siting and mitigation requirements for eagles and other potential species of concern.
Pepco Holdings, Inc. in its $1.7 billion sale
Represented Pepco Holdings, Inc. in its sale to Calpine Corporation of its Conectiv Energy segment for approximately $1.7 billion. This transaction included the sale of 19 power generation plants in five states. In the approximately 10 weeks between contract and closing, we addressed and resolved over 200 significant title defects that required everything from bringing a quiet title action to negotiating multiple third-party easements and options, to obtaining mortgage indenture releases. Construction activities were ongoing at most of the plants, including Conectiv’s new 565MW plant in Delta, Pa., which was not yet operational. This required resolution of challenging transfer issues including mechanics lien title coverage under the varying lien laws of multiple jurisdictions.
Pepco Holding's Conectiv Energy Sale
Represent Pepco Holdings, Inc. on the negotiation and sale of its 3800 MW Conectiv Energy wholesale power generation business to Calpine Corporation, including securing the necessary FERC approval under the Federal Power Act.
Residential Solar Division Sale to groSolar
Borrego Solar Systems Inc. in connection with the sale of its residential solar division to groSolar Inc.
Vivint Solar Acquisition by SunEdison
Morgan Stanley as financial advisor to Vivint Solar, Inc. in its $2.2 billion acquisition by SunEdison, Inc.
KKR and Texas Pacific Group Acquisition of TXU Corp.
KKR and Texas Pacific Group in securing the necessary FERC and NRC approvals for the successful acquisition of TXU Corp. for $45 billion, the largest leveraged buyout in history. The acquisition of TXU included its large fleet of generation assets in Texas as well as transmission and distribution facilities. We also provided counsel on energy regulatory, climate change, government affairs, and public policy matters. The acquired company is now Energy Future Holdings.
Pepco Holdings in its $6.83 billion sale
Advised Pepco Holdings in its $6.83 billion sale to Exelon Corp.
San Diego Gas & Electric
In obtaining a substantial award in an arbitration against the California Independent System Operator.
Smart Grid Company Acquisition
Smart grid technology company in connection with its acquisition by a Fortune 200 company.
Smart Grid and Demand Response Issues for Multiple Clients
Multiple clients on smart grid and demand response issues, including legislation and federal regulatory policies.
Silica and asbestos liability claims
Counseling companies with rising volumes of asbestos and silica liability claims in the energy, automotive, construction, mining, respiratory protection, and railroad industries.
SEC Disclosure Issues and Inquiries from SEC's Office of Global Security Risk
Publicly traded oil and gas companies on SEC disclosure issues associated with dealings in U.S.-sanctioned markets and in responding to inquiries from SEC’s Office of Global Security Risk.
SandRidge Energy Secured Revolving Credit Facility
SandRidge Energy, Inc., a natural gas and crude oil exploration and production company, in a $1.1 billion secured revolving credit facility.
SandRidge Energy Sale to Sheridan Production Partners
SandRidge Energy, Inc., an oil and natural gas exploration and production company, in its $2.6 billion sale of Permian Basin properties in West Texas to Sheridan Production Partners.
SandRidge Energy Initial Public Offering
SandRidge Energy, Inc. in its initial public offerings of three royalty trusts sponsored by SandRidge, with aggregate proceeds of $1.5 billion.
SandRidge Energy Acquisition of Dynamic Offshore Resources
SandRidge Energy, Inc., an oil and natural gas exploration and production company in its $1.2 billion acquisition of Dynamic Offshore Resources, LLC.
SandRidge Energy Acquisition of Arena Resources
SandRidge Energy, Inc., a crude oil and natural gas exploration and production company, in its $1.6 billion acquisition of Arena Resources, Inc.
SEC Investigation Regarding Middle East Activities
A major oil company in a SEC investigation into activities in a Middle Eastern nation.
API Amicus Curiae in U.S. Supreme Court
American Petroleum Institute as an amicus curiae in a U.S. Supreme Court case concerning the alleged “constructive” termination of a franchisor who sued under the PMPA.
API against False Advertising Claims
Representation of American Petroleum Institute against false advertising claims based on its protocol for certification of branded motor oils that were tried in a preliminary injunction proceeding in the Southern District of New York.
Antitrust Aspects of XTO Energy Acquisition
ExxonMobil Corp. on antitrust aspects of its acquisition of XTO Energy, Inc.
Renewable Energies Directive Regulatory and Legislative Advice
Provide regulatory and legislative advice regarding biofuel plants to an investment fund in connection with the European Union’s review of its Renewable Energies Directive and the adoption of sustainability criteria for biofuels.
Regulatory Aspects of Biofuels in Latin America
Represent Deutsche Asset Management on regulatory aspects of a biofuels project in Latin America.
Refining and Marketing Joint Venture Antitrust Challenge
American Petroleum Institute as an amicus curiae in a U.S. Supreme Court case concerning an antitrust challenge to a refining and marketing joint venture.
Representation of Amoco before the Iran-U.S. Claims Tribunal
Representation of Amoco (now BP America) against the Islamic Republic of Iran before the Iran-U.S. Claims Tribunal. We obtained an award of over US$850 million, one of the largest awards ever rendered by that tribunal and one of the largest arbitration awards ever fully paid by a respondent state.
BP Lead Counsel in Insurance Coverage Disputes Resulting from Deepwater Horizon Incident and Oil Spill
Lead trial and arbitration counsel for BP in insurance coverage disputes arising from the Deepwater Horizon incident and resulting oil spill in the Gulf of Mexico.
Benzene Emissions Toxic Tort Claims
An energy company in defending numerous toxic tort claims relating to alleged benzene emissions from an oil refinery in Texas.
Amyris Representation in Europe
Represent Amyris, Inc. regarding antitrust and competition law, EU chemicals regulations (including “REACH”) and other European distribution arrangements and other areas where we have specialized expertise.
Representation of U.S. energy companies in an ICSID arbitration against Argentina
Representation of U.S. energy companies, which were then subsidiaries of E.ON, in an ICSID arbitration against Argentina arising out of measures taken by the government against the claimants’ investments in gas-distribution companies in Argentina, resulting in an award for damages (annulment proceedings pending).
Representation of Tidewater and its subsidiaries in an ICSID arbitration against Venezuela
Representation of Tidewater, a leading provider of maritime support services to the energy industry, and its subsidiaries in a pending ICSID arbitration against Venezuela arising out of the expropriation of 15 vessels and other investments in Venezuela.
Representation of Petrotrin in construction dispute
Representation of Petrotrin, the state-owned integrated oil and gas company of the Republic of Trinidad and Tobago, in a dispute arising out of a project with World GTL Inc. and its subsidiary, World GTL of St. Lucia Ltd. (together "WGTL"), to construct a gas-to-liquids plant for the processing of natural gas in the Republic of Trinidad and Tobago. (Awaiting award)
Representation of Newmont Mining in related ICSID and Stockholm Chamber arbitrations
Representation of Newmont Mining in related ICSID and Stockholm Chamber arbitrations against Uzbekistan concerning termination of rights to exploit mineral resources.
Representation of Coalition of Oil and Gas Companies in Efforts to Pursue California Offshore Oil and Gas Leases
A coalition of eleven oil and gas companies whose efforts to pursue development of their California offshore oil and gas leases were thwarted by the federal government, recovering more than $1.0 billion, including judgment after trial on complex geological and reservoir engineering issues.
Smith Electric Vehicles Financing
Smith Electric Vehicles Corp. in its $35 million Series C preferred stock financing; in its $40 million Series D preferred stock financing; and in a private placement of convertible senior notes.
Navigating regulatory challenges for international investments
We advised a young exploration and production company on mitigating above-ground risk, preserving $4 billion in value in a Western African company, and navigating legal and policy issues surrounding hydrocarbon exploration and development in a non-self-governing territory.
ICSID Arbitration Against Latin American State
A French oil and gas independent in an ICSID arbitration against a Latin American state, in a dispute arising out of alleged breaches of a bilateral investment treaty and several production sharing agreements.
ICDR arbitration relating to transportation agreements
Representation of a major European oil and gas company in a pending ICDR arbitration with a Brazilian oil and gas major relating to crude transportation agreements in the Andean region.
ICDR arbitration over breach of agreement
Representation of two oil and gas majors in a US$100 million ICDR arbitration in New York arising out of alleged breaches of a crude oil transportation agreement.
ICDR arbitration for KNOC
Representation of Korea National Oil Corporation in an ICDR arbitration and ancillary federal court proceedings arising from a US$1.2 billion acquisition of an oil and gas exploration and production company.
Ad hoc commercial arbitration against property insurer
Representation of the owner of a major oil refinery in Texas in an ad hoc commercial arbitration against an offshore property insurer, seeking insurance coverage for an US$82 million loss sustained as a result of a criminal wire fraud conspiracy relating to shipping contracts for the transport of crude oil from South America to the U.S.
Alleged Natural Gas Trading Manipulation
Represent a natural gas trading company and six of its executives and employees in a wide-ranging ongoing FERC enforcement investigation, involving extensive data requests and depositions, of alleged manipulation of natural gas trading in early 2012.
AK Steel patent infringement action
Representation of AK Steel in a patent infringement action relating to aluminum coated boron steel products where we obtained a jury verdict in favor of our client.
Gas Pipeline Explosion Lead Counsel
Lead counsel for Apache Corporation in insurance coverage arbitration and litigation proceedings relating to the explosion of a gas pipeline in Western Australia.
ICC arbitration regarding field services agreement
Representation of a European oil and gas major in an ICC arbitration under English law arising out of a field services agreement relating to operations in the Middle East.
ICC Arbitration Regarding Alleged Breach of First Refusal Rights Under a JOA
A French E&P company in an ICC arbitration with a Swedish independent arising out of the alleged breach of first refusal rights under a JOA.
ICC arbitration over contractual dispute
Representation of a U.S. mining company in an ICC arbitration against a Dutch company arising out of a contractual dispute involving an investment in Peru.
ICC Arbitration Against Venezuelan State-Owned Oil Company
Represented an ExxonMobil subsidiary in an ICC arbitration against the Venezuelan state-owned oil company, PDVSA, resulting in a US$908 million award for breach of contract.
Hydroelectric Project Development in Congo
Advising African Power Corporation on development of a hydroelectric project in the Republic of Congo.
Hydroelectric Facilities Potential Acquisition
An independent power producer on potential acquisition of hydroelectric facilities.
Hudson River Transmission Cable Installation
PSEG in structuring a project which would interconnect to Manhattan a 555 MW generating unit in New Jersey by means of a transmission cable to be installed under the Hudson River and advising on complex FERC open access, tariff, and other transmission issues.
ICSID Arbitration Proceedings Involving Expropriation of Investments in Venezuela
Representing subsidiaries of an international oil company in pending ICSID arbitration proceedings involving expropriation of investments in Venezuela, resulting in a tribunal award of compensation exceeding U.S. $2 billion in value.
ICSID Arbitration Against Republic of Ecuador
Co-lead counsel to Occidental Petroleum in an ICSID arbitration against the Republic of Ecuador arising out of the wrongful termination of a production-sharing agreement that resulted in the largest ICSID and investment treaty award to date.
Implementation of Habitat Conservation Plan for Endangered Shorebirds
Representation of First Wind in advising and consulting with federal and state agencies on implementation of a Habitat Conservation Plan for endangered shorebirds on Maui, Hawaii.
Insurance Claims Related to Fires at Kahuku Wind Farm
Representation of First Wind Holdings with regard to insurance claims arising out of fires that occurred at its Kahuku Wind farm, Oahu, in 2011 and 2012. Coverage issues include property damage, business interruption, and potential environmental liability issues.
Initial Public Offering and Capital Raises for Indian Wind Energy Project
Advise Indian Energy Limited relating to a wind energy project in India on its initial public offering on AIM and other capital raises pre- and post-IPO.
Acquisition of Cubic Advanced Technical Systems
Represented Rafael Advanced Defense Systems in its acquisition of the remaining membership interests in Cubic Advanced Technical Systems.
Acquisition of A123 Systems by Wanxiang America
Advised Wanxiang America’s purchase of substantially all of the non-government business assets of U.S. battery maker A123 Systems, Inc. On Jan. 28, 2013, CFIUS approved that transaction, valued at $256.6 million. Covington represented Wanxiang America in securing CFIUS approval. A123 makes lithium ion batteries for electric cars.
Abu Dhabi National Energy Company's energy investments
Represented Abu Dhabi National Energy Company (TAQA) in its acquisitions of a 50 percent interest in a wind farm from EDF and of a tolling arrangement in the electric power industry.
Gas Utility Controversy with El Paso Natural Gas Company
A large gas utility in a controversy with El Paso Natural Gas Company concerning rights of contract termination and Rights of First Refusal.
Partnerships and Licensing Relationships for Cellulosic Ethanol in Brazil
Assist Raízen Energía S/A with various strategic partnerships and licensing relationships connected with the development of technologies and construction of facilities for the production of cellulosic ethanol in Brazil.
Indian Point Reactors License Renewal
Entergy in connection with the license renewal for the Indian Point reactors.
India Bank Project Financing
ICICI Bank Limited, India’s second largest bank, and Standard Chartered Bank, India’s largest international bank, as joint lead arrangers for an aggregate of $925 million in project financings supporting power plant and port expansion projects being undertaken by two affiliates of Reliance Industries.
European Parliament and Council Regulatory and Advocacy Advice
Regulatory and advocacy advice to a biofuels company on legislative developments relating to the EU Renewable Energies Directive in the European Parliament and Council.
HaloIPT Acquisition by Qualcomm
HaloIPT, a leading provider of wireless charging technology for electric road vehicles, in the acquisition of all its technology and assets by Qualcomm Incorporated.
Policy advice to COMPETE coalition
Advising COMPETE, a broad coalition whose members include Exelon, Sempra, TXU, Goldman Sachs, Wal-Mart, and National Grid on energy legislative, policy, and regulatory matters.
Policy support for alternative energy projects
We assisted companies seeking support for alternative energy projects in the American Recovery and Reinvestment Act of 2009 (the Stimulus) and advised on carbon trading provisions in climate change legislation, including preparing amendments to both bills.
Organic Photovoltaics Patent Infringement Litigation
Plextronics in patent infringement litigation with Konarka relating to organic photovoltaics.
Maximizing the value of intellectual property
Our client, a major energy company, sought to maximize the value of its intellectual property while limiting its own liability in the treacherous waters of international patent disputes. Combining U.S. and EU regulatory expertise with a multi-jurisdictional strategy, our senior advisors and lawyers designed a corporate structure that would create and generate long term value with minimal risk to the parent entity.
Representation of ExxonMobil subsidiaries in a ICSID arbitration against Venezuela
Representation of ExxonMobil subsidiaries in a pending ICSID arbitration against Venezuela seeking full compensation under the Netherlands-Venezuela bilateral investment treaty and international law for the expropriation of investments in Venezuela. We successfully obtained US$900 million for ExxonMobil in a companion commercial arbitration described above.
Multi-million dollar shareholder dispute
Representation of Prime International Alliance Inc. in a shareholders’ dispute against its joint venture partner, Erin Resources S.A., concerning control over a multi-million dollar oil transshipment terminal in Russia, whereby Erin alleges frustration and/or breach of a shareholders’ agreement as a consequence of the European Union imposing sanctions on Prime’s beneficial owner.
Multi-billion dollar ICC arbitration
Representation of a European gas utility company in a large ICC arbitration valued over US$2 billion against a North African state-owned oil company relating to a complex contract price revision dispute.
Million Dollar Recovery in Insurance Claim
An oil refinery in a significant business interruption insurance claim that resulted in a multi-hundred million dollar recovery for the insured.
KBR Nigerian bribery investigation
Representing an executive of KBR, Halliburton’s subsidiary, in a wide-ranging investigation into alleged bribery of Nigerian government officials in connection with the selection of the company to build one of the world’s largest liquefied natural gas projects.
NRC Regulatory Issues
Mitsubishi Nuclear Energy Systems in connection with NRC regulatory issues.
Non-public FERC Enforcement Investigation
Represent an investment bank in a non-public FERC Enforcement investigation of alleged manipulation of electricity markets with respect to the bidding of electric generation into certain RTO markets.
Nine-Figure Resolution for Widespread Cleanup
An energy company in obtaining a global nine-figure resolution from its historic CGL insurers for widespread environmental cleanup liabilities at refineries and other operational sites.
Retail Competition and Customer Choice Related Proceedings before Public Utility Commission of Ohio
COMPETE in intervening and participating in major proceedings brought by Duke Ohio and AEP before the Public Utility Commission of Ohio regarding retail competition and customer choice.
Los Angeles County Transit System Alternative Fuel Incentives
Represent Los Angeles County Transit System on alternative fuel incentives.
Natural Gas Sale Profiteering Investigations
A large electrical generation company in an investigation by FERC and state authorities into profiteering in the sale of natural gas in New England during January 2004.
Middle East Trade Sanction Programs Impact Advice
A multinational oil and gas company in advising on the impact of Middle East trade sanctions programs on technology licensing arrangements and the broader operation of affiliates and joint ventures incorporated outside the United States.
Litigation Challenging Offshore Oil and Gas Leasing Program
Represent client in litigation challenging the U.S. Department of the Interior's five year-offshore oil and gas leasing program under the National Environmental Policy Act and the Endangered Species Act.
WS Atkins’ acquisition of Nuclear Safety Associates
Represented Nuclear Safety Associates in its acquisition by WS Atkins.
Wanxiang America acquisition of A123 Systems and related matters
Represented Wanxiang America in separate transactions involving the acquisition of certain assets of A123 Systems, Inc., a lithium ion battery company, and the sale of the Energy Solutions Business of A123 Systems to NEC Corp.
Venture Investor in Connection with Financing of Battery Storage Device Company
Advised VantagePoint Ventures Partners in connection with the Series A and Series B Preferred Stock financing of VionX Energy Corporation, which develops advance flow battery energy storage systems.
U.S. government sanctions investigation of international energy company
We advised an international energy company on a U.S. Treasury Department investigation of transactions with certain U.S.-sanctioned markets, and assisted the company with interactions with the U.S. State Department on sanctions-related policy matters. The Treasury Department closed its investigation without taking any enforcement action against our client.
Uranium antidumping proceedings
Represented Electricité de France in antidumping and countervailing duty proceedings related to low enriched uranium.
Solar Development Financing Activities for Green Lake Capital
Green Lake Capital in its solar development financing activities, including a pooled power purchase transaction covering six megawatts DC of distributed solar facilities located at municipal sites throughout California.
Lawsuit Challenging State Ethanol-Free Gasoline Requirements
American Petroleum Institute and American Fuel and Petrochemical Manufacturers as plaintiffs in lawsuits challenging the validity of state laws requiring refiners to sell ethanol-free gasoline to distributors and retailers.
Competitive Markets Testimony Before Public Utility Commission of Pennsylvania
Electric Power Generation Association in presenting testimony regarding the benefits of competitive markets before the Public Utility Commission of Pennsylvania.
COMPETE Representation in Federal and State Electricity Competition Issues
COMPETE, a major coalition of more than 680 electricity market participants including Exelon, PSEG, Wal-Mart, PPL Energy, Calpine, TXU Energy, Safeway, Tendril and Leggett & Platt on a wide range of federal and state electricity competition issues, including the structure of RTO markets and retail competition matters in numerous states including Texas, Pennsylvania, New Jersey, Illinois, Virginia, Michigan, California, Oregon, Wisconsin, Arizona and Ohio.
COMPETE Coalition FERC and State Regulatory Matters
Represent COMPETE Coalition on a wide range of FERC and state regulatory matters involving capacity markets, wholesale and retail market structure and competition issues, electricity rates, RTO markets and transparency issues.
Congestion Revenue Rights in California ISO
SDG&E in connection with a FERC and appellate court proceeding regarding congestion revenue rights in the California ISO.
Legislative advocacy for wind energy company
We represented a wind energy company on tax and energy legislation.
Landfill cleanup litigation and settlement negotiations
Represented the State of Minnesota in securing more than $100 million in insurance recoveries for environmental matters related to an innovative legislative program for the cleanup of landfills.
Commercial companies in boundary disputes
Regularly represent commercial companies in boundary disputes and frequently advise multinational oil companies on both land and maritime boundary questions that arise when sovereign states offer concession or production-sharing contracts to foreign oil companies.
Comments on EPA’s Proposed 111(d) Rule
Prepare and submit comments on EPA’s proposed 111(d) rule regulating greenhouse gas emissions from electric generating units for multiple interested parties, including members of the nuclear industry, a coalition of electricity producers, and advanced technology companies.
Co-counsel in an ad hoc insurance arbitration
Representation of a Lithuanian petrochemicals company as co-counsel in an ad hoc insurance arbitration against various UK underwriters arising out of property damage and business interruption claims exceeding US$150 million.
Climate Change Legislation Advocacy and Lobbying Assistance
Advocacy assistance on issues related to the United Nations Framework Convention on Climate Change and the Kyoto Protocol, and lobbying on behalf of clients with respect to climate change legislation in various states of the United States and in the European Union.
Corporate, Financial and Operational Matters for Borrego Solar Systems
Advising Borrego Solar Systems, Inc. on a variety of corporate, financial and operational matters in a dynamic and rapidly changing solar market. Borrego is one of the oldest and largest solar integrators in California with over 25 years of experience. We counseled Borrego on tax, regulatory and corporate matters related to power purchase agreement, engineering procurement and constructions contracts, operations and maintenance contracts and site access agreements on more than 30 projects.
Certification and Rate Approval for Interstate Pipelines
International Paper in obtaining certification and rate approval for the two interstate pipelines it owns.
Center for Sustainable Economy, Petitioner v. Sally Jewel and Bureau of Ocean Energy Management, Respondents American Petroleum Institute, et al., Intervenors
Covington successfully represented the American Petroleum Institute, Independent Petroleum Association of America, U.S. Oil & Gas Association, and International Association of Drilling Contractors in a lawsuit seeking to block a federal program which provides the basis for all oil and gas leasing in offshore federal waters. The D.C. Circuit ruled that the Government had rationally and appropriately balanced the environmental, social, and economic values at stake in proceeding with the leasing program.
Capacity Formation Market in Midwest Independent Transmission System Operator
Represent Comverge, Wal-Mart and Leggett & Platt, large commercial and industrial electricity consumers, before FERC in a matter involving the formation of a capacity market in the Midwest Independent Transmission System Operator (MISO). We intervened in the matter and pressed arguments for the broadening of the MISO capacity market proposal.
Calpine Acquisitions
Calpine and its subsidiaries in a $600 million acquisition of SkyGen Energy, and a $450 million acquisition of Cogeneration Corporation of America, each a developer, owner, and operator of independent power projects.
Cheyenne Plains Open Season Enforcement Investigation
Represent an oil and gas producer in FERC's enforcement investigation regarding the Cheyenne Plains Open Season and in a resulting settlement.
Clean Air Act Advice to Overseas Electricity Generator
Advise overseas electricity generator regarding Clean Air Act and renewable energy developments in the United States in connection with potential strategic investments in the US electricity sector.
China Investment Corporations Acquisition of Interest in AES Corporation
Represent China Investment Corporation in successfully obtaining orders from FERC and the New York PSC approving its acquisition of a 15% interest in AES Corporation.
China Investment Corporation Purchase in AES Corporation
China Investment Corporation (CIC), a large sovereign wealth fund created by the People's Republic of China, on FERC and state (NY) energy regulatory issues with respect to its purchase of a 15% share in the AES Corporation, a large independent power producer of international scope with significant US electricity generation assets. Covington secured all necessary approvals for this transaction.
ExxonMobil Algal-Based Biofuels Matters
Represent ExxonMobil on algal-based biofuels matters, including its Synthetic Genomics collaboration.
EU Emissions Trading System and Emissions Allowances Allocation
A major international energy company in relation to the EU emissions trading system and allocation of emissions allowances.
ExxonMobil ICSID Arbitration
Representation of ExxonMobil subsidiaries in an ICSID arbitration against Venezuela seeking full compensation under the Netherlands-Venezuela bilateral investment treaty and international law for the expropriation of their investments in Venezuela. The amount in controversy exceeds $2 billion.
Gas Marketing and Trading Business Issues
UBS on FERC issues relating to its gas marketing and trading business.
Firm Transmission Service Successful Complaint
Southern Montana G&T Cooperative in a successful complaint at FERC involving firm transmission service, and on a range of disputes involving interconnection and transmission issues.
Department of Energy Negotiation
BASF in its negotiation of a Department Energy grant to construct a cathode materials production plant that supplies manufacturers of advanced lithium-ion batteries.
Demonstration Project for Tidal Energy Turbines Supplier
Advising a supplier of tidal energy turbines on a demonstration project in the United States.
Demand Response FERC Matters for Comverge
Comverge, Inc. a demand response provider and technology company, in FERC matters on regulations pertaining to demand response, including measurement and verification issues, and, in particular, proceedings involving demand response in the PJM Interconnection.
EU and UK Biofuels Rules Advice
Provide regulatory due diligence advice to an investment fund regarding the EU and UK rules on biofuels in connection with a potential acquisition of a biomass manufacturer.
ExxonMobil Transactions
Representation of ExxonMobil Corporation in numerous transactions, including its $41 billion acquisition of XTO Energy Inc., the largest transaction in the history of the natural gas industry.
California Electricity Crisis FERC Refund Proceedings
SDG&E in extensive ongoing FERC refund proceedings arising from the California electricity crisis of 2000-2001.
Deepwater Horizon Litigation
Represent BP in the Penalty Phase of the Deepwater Horizon litigation, including at trial.
Dispute over joint operating agreement
Representation of a major European oil and gas company in connection with a dispute with a Latin American independent over a joint operating agreement relating to development of a natural gas field in Bolivia.
Dispute over unenforceability of a consultancy agreement
Representation of two entities within a multinational oil and gas group in a dispute against a consultancy company relating to the unenforceability of a consultancy agreement. Stakes are in excess of US$100 million.
Drayson Wireless Formation
Drayson Racing Technologies, a leading developer of electric racing vehicles, in connection with the formation of Drayson Wireless, a new entity created in collaboration with Imperial Innovations to commercialize wireless energy technology developed at Imperial College, London.
Dow Corning
In persuading an appeals court to treat as non-binding an adverse 2:1 arbitration decision. 335 F.3d 742 (8th Cir. 2003).
Documentation and Species Mitigation for Solar Facility Siting
Negotiated with U.S. Department of Interior and California Energy Commission relative to environmental documentation, including NEPA, and species mitigation for siting of solar facility.
Koppers Global Wood Preservation Portfolio
For Koppers Performance Chemicals Inc., managing a portfolio of patents and patent applications relating to market-leading wood preservation technology as well as advising on strategies for obtaining patents throughout the world and on post-grant opposition proceedings involving its patents and applications in Europe, Australia, and New Zealand. Covington also represented the predecessor to Koppers in several inter partes reexamination proceedings, including the defense of patents drawn to methods of preserving wood using particulate copper and methods for directly producing copper carbonate.
Ameron International Antitrust Clearance
Represented oilfield services company Ameron International in obtaining antitrust clearance for its acquisition by National Oilwell Varco.
Joy Global Transactions
Advised Joy Global in connection with several transactions, including its acquisition of LeTourneau Technologies from Rowan Companies and its sale of LeTourneau’s drilling systems and offshore products businesses to Cameron International.
$200 million recovered for utility companies
Represented a number of utility companies in obtaining more than $200 million in environmental and toxic tort settlements.
Export compliance program for oil and gas company
Developed a comprehensive export controls compliance program to assist a U.S.-based oilfield services company in securing approval under the Commerce Department Special Comprehensive Licensing program.
Indian Energy Limited Takeover
Represented Indian Energy Limited, an independent power producer operating wind farms in India, in a recommended all-share takeover by Infrastructure India plc.
ICICI and Standard Chartered Financings of Power and Port Expansion Projects
Represented ICICI Bank Limited, India’s second largest bank, and Standard Chartered Bank, India’s largest international bank, as joint lead arrangers for an aggregate of $925 million in project financings supporting power plant and port expansion projects being undertaken by two affiliates of Reliance Industries.
HaloIPT Wireless Charging Technology Acquisition
Represented HaloIPT, a leading provider of wireless charging technology for electric road vehicles, in Qualcomm’s acquisition of its assets and technology.
Crude oil antidumping proceedings
Represented ExxonMobil in antidumping and countervailing duty proceedings related to crude oil.
Compliance program for global energy company
Developed a compliance program for the Asia-Pacific offices of a global energy and industrial company that covers trade controls and anti-corruption laws and regulations and includes guidance on restricted party and embargoed country screening, U.S. export licensing, and recordkeeping requirements.
Energy Company Russia Sanctions
Advice to leading U.S. and international energy companies on the scope and application of U.S. and EU sanctions against Russia in the context of new and existing projects and investments.
Pacific Gas and Electric Company
Represented PG&E Corporation in the restructuring of its regulated utility and as co-proponent of PG&E’s confirmed plan.
Oil and gas company Iran sanctions
Extensive advice to U.S. and non-U.S. oil and gas companies on the scope and application of sanctions and retaliatory measures targeting Iran, including advice on pending U.S. enforcement matters.
Kerr-McGee Acquisition
Represented Kerr-McGee Corporation in its $18 billion sale to Anadarko Corporation.
JFK International Airport Cogeneration Facility
Represent Calpine’s JFK Energy Center (KIAC Partners) as project counsel, including in the original structuring and planning of the project, a $175 million combined bank facility and bond financing and a $250 million Rule 144A bond refinancing, structuring and negotiating numerous commercial contracts, and achievement of commercial operations.
Tidewater, Inc.
Representation of subsidiaries of Tidewater, Inc., the world’s leading provider of maritime services to the oil industry, in an ICSID arbitration arising out of the expropriation of certain investments in Venezuela.
Technical Data Export
Electric Power Research Institute in connection with the export of technical data.
Representing Oil and Gas Companies on Export Control Regulations
Advising companies in the oil and gas sector on U.S. and EU export control regulations as relevant to doing business in Russia.
Advising on Financial and Energy Sector on U.S. and EU Sanctions
Counseling a major U.S. company on the operations of its Russian subsidiary in the wake of U.S. and EU sanctions, including advising it on the application of financial and energy sector sanctions to a range of ongoing and future projects.
Representation of Baltic Petroleum Ltd. in a Joint Venture
Advised Baltic Petroleum Ltd. in its joint venture with Siberian Energy Group to run the Zauaralneftegaz oil and gas exploration business in the Russian Federation.
India Refinery Expansion Project
Advised the lenders to the expansion of a refinery in India.
Representation of BP on Baku-Tbilisi-Ceyhan Pipeline Regulatory Considerations
Advised BP on its compliance with environmental, social, and economic conditions imposed by international public lenders in connection with financing of the Baku-Tbilisi-Ceyhan pipeline.
Petrochemical Project in Saudi Arabia
Advised the lenders to a petrochemical complex in the industrial city of Jubail, Saudi Arabia.
Wind Project Bond Financing
Wells Fargo on a tax-exempt bond financing of a wind power project.
Financing and Policy Counsel for African Solar Projects
Gigawatt Global d/b/a Energiya Global on policy and financing issues relating to development of solar projects in Africa, initially in Rwanda and Nigeria.
$55 Million Credit Facility for Energy Company
Energy Conversion Devices, Inc. and its wholly owned subsidiaries, United Solar Ovonic LLC and United Solar Ovonic Corporation, in a $55 million secured revolving credit facility with JPMorgan Chase Bank, N.A.
$2 Billion Credit Facility for Energy Company
SandRidge Energy, Inc. in all of its significant finance matters, including a $2 billion secured revolving credit facility.
Oil and Gas Project in Africa
An energy company on an oil and gas project in the Democratic Republic of Congo.
Oil and Gas Joint Venture
Baltic Petroleum in financing arrangements for joint venture with Siberian Energy Group to run Zauralneftegaz oil and gas exploration business in the Russian Federation.
Middle East Petroleum Company on Two $100 Million Credit Facilities
Tasweeq, the government-owned marketer of all commodity petroleum products produced in Qatar, in two $100 million credit facilities.
$6 Billion Energy Company Commercial Bank Financings
Kerr-McGee Corporation in over $6 billion of commercial bank financings, including a senior secured multi-tranche credit facility and a senior unsecured revolving credit facility.
Solar Project Joint Venture
SunShare, LLC, a developer of community solar farms, in connection with its construction and project development and financing plan, including in a senior secured bridge financing provided by Solar Construction Lending, a joint venture between MMA Capital Management and Fundamental Advisors, for community solar power farm projects in Colorado and Minnesota.
Private Equity Company in Purchase of Power Plants
Lightyear Capital LLC in financings supporting its purchase and operation of two California power plants.
Energy Company in $300 Million Credit Facility
Atlas Energy in a $300 million acquisition credit facility.
Hedge Fund Credit Facility Supporting Power Plant
Luminus Management, the hedge fund affiliate of LS Power, in a second lien credit facility supporting an Arkansas power plant.
Qatari LNG Project
Advised the lenders on one of the Qatari LNG expansion trains.
Middle East LNG Liquefaction Plant
Advised the project company during the structuring stages of an LNG liquefaction plant in the Middle East.
Indonesian Coal-Fired Project
Advised the lenders on a 1220 MW coal-fired power project in Indonesia.
Portuguese Coal-Fired Project
Advised the lenders on a 628MW coal-fired power project in Portugal.
Multi-billion Dollar Qatari LNG Financing
Advised Qatari sponsors where a multi-billion program debt financing for more than 20 LNG carriers was procured.
Power Company Corporate and Securities Counsel
Pepco Holdings, Inc., as corporate and securities counsel for over 25 years, including representation of Pepco and its subsidiaries in over $9 billion of securities offerings since 2002, and in all of its significant finance matters, including $2.7 billion in syndicated credit facilities.
Russia Oil and Gas Exploration Business
Baltic Petroleum in financing arrangements for joint venture with Siberian Energy Group to run Zauralneftegaz oil and gas exploration business in Russian Federation.
Cogeneration Projects in New York
TBG Cogen Partners as project counsel for the cogeneration facility on Grumman property in Bethpage, New York, and Nissequogue Cogen Partners as project counsel for the cogeneration facility at SUNY Stony Brook, New York.
New York Area Power Project
New York consortium as project counsel in the development of an industrial-based power project in the New York metropolitan region.
Power Projects in North and South America
Newmont Mining in power projects in the western United States and in Peru.
Commercial Energy Projects
PPL EnergyPlus in the preparation and negotiation of commercial energy contracts, including tolling arrangements for East Coast energy assets.
Integrated Generation and Energy Services Company Project
PSEG in connection with the Cross Hudson project, which proposed to interconnect to Manhattan a 555 MW generating unit in New Jersey by means of a transmission cable to be installed under the Hudson River.
Finance Counsel for Power Project in Mexico
Latin American consortium as finance counsel in the development of an industrial-based power project in Mexico.
Solar Integrated Technologies Acquisition by Energy Conversion Devices
Energy Conversion Devices, Inc. in its acquisition of Solar Integrated Technologies, Inc., an AIM-listed leading provider of building integrated photovoltaic roofing systems.
SandRidge Sale of Permian Basin Oil and Gas Assets
Represented SandRidge Energy in its $2.1 billion sale of oil and gas assets in the Permian Basin to Sheridan Production Partners.
Sale of Wolfcamp Shale leasehold to Sinochem
Represented Pioneer Natural Resources in the sale of leasehold interests in Wolfcamp Shale to Sinochem.
Global Warming Class Action
Represented American Petroleum Institute in Comer, putative class action alleging industrial activities contributed to global warming, causing a rise in sea levels and adding to the ferocity of Hurricane Katrina, and thereby causing property damage to plaintiffs.
Ovonic Battery IP and Litigation Matters Related to Joint Venture with Chevron
Ovonic Battery Company in intellectual property and litigation matters pertaining to Cobasys, a joint venture with Chevron to develop, license, and manufacture NiMH batteries for transportation and stationary storage applications.
Policy advice to renewable energy coalition
We advised coalition of renewable energy project developers, venture capital firms, and investment banks on low-cost financing of clean energy. Drafted testimony, legislation, white papers and helped build coalition on and off the Hill to advance the issue.
“Price Trigger” Conditions Congressional Hearing Representation
An oil and gas company and its executive in connection with congressional hearing to examine absence of “price trigger” conditions on royalty relief for deepwater OCS leases.
Policy and Security Issues for Nuclear Energy Institute
Nuclear Energy Institute in connection with policy-related and security-related issues.
OptiSolar Sale to First Solar
OptiSolar Inc. in the sale its project development business to First Solar, Inc. in an all-stock transaction valued at approximately $400 million.
Successful Defense Against Bid for Board Seats by Activist Investor
Represented Kerr-McGee and its board of directors in its successful defense of Carl Icahn’s effort to elect directors to the Kerr-McGee board.
Statoil’s acquisition of Brigham Exploration
Represented Statoil in its acquisition of Brigham Exploration.
SolarCity antidumping and countervailing investigations
Represented SolarCity Corporation in solar cells and modules antidumping and countervailing duty investigations.
Solar Development and Pooled Power Purchase
Represented Green Lake Capital in its solar development financing activities, including a pooled power purchase transaction covering six megawatts DC of distributed solar facilities located at municipal sites throughout California.
Privacy audit for oil and gas multinational in preparation for BCR approval
Managing a privacy audit of a U.S.-based multinational in the oil and gas industry in preparation for its BCR approval with the Dutch data protection authority as the lead authority, including reviewing and providing advice on the BCRs and the implementation strategy and assisting this client in the preparation and roll-out of various compliance tools in the framework of the BCRs.
Pepco Sale of Electric Generation Assets
Represented Pepco Holdings in its $1.7 billion sale of electric generation assets to Calpine Corporation.
September/October 2017, Trends
The American Bar Association published a tribute to Theodore Garrett highlighting his many contributions to Trends, published by the Section of the Environment, Energy, and Resources. Garrett served as Contributing Editor of the "In Brief" column for over 25 years.
September 9, 2017, Inside Energy & Environment
California continues to cement its position as a global leader in renewable energy policy and climate change reform. This session, California State Senate President, Kevin de León, authored Senate Bill 100 (S.B. 100), which would require California utilities to procure 100 percent of their energy from renewable sources by 2045. S.B. 100 has been approved...… ...
August 31, 2017, Inside Energy & Environment
Today The Vanguard Group, the Nation’s second largest fund group with over $4 trillion in assets under management, issued three publications — a press release, an open letter by Vanguard’s CEO, and its 2017 Investment Stewardship Annual Report — highlighting Vanguard’s evolving view that responsible disclosure and management of climate risk is an essential ...
August 24, 2017, Inside Energy & Environment
In November 2016, FERC issued a Notice of Proposed Rulemaking (NOPR) that would require new generating facilities to install and operate equipment that provides primary frequency response service to the grid. Based on some of the comments received on the NOPR, FERC issued a request for supplemental comments. The reliable operation of the alternating ...
The Greening of America
Third Quarter 2017, Corporate Board Member
Andrew Jack is quoted in a Corporate Board Member article regarding the pressures facing boards to increase companies' sustainability efforts. "The direction of global capitalism is still toward reducing the carbon intensity of the energy infrastructure and continuing to invest in technology that drives greater efficiency," Jack says. "Capital tries to get the ...
August 16, 2017, Inside Energy & Environment
This is the third and final of three posts on this blog providing short summaries of the generic electricity policy initiatives already teed up and awaiting possible action by the newly-constituted FERC. Together, these three posts describe initiatives that address fundamental market and resource issues spanning a broad range of FERC’s electricity authorities. ...
August 14, 2017, Inside Energy & Environment
This is the second post of three on this blog providing short summaries of the generic electricity policy initiatives already teed up and awaiting possible action by the newly-constituted FERC. Together, these three posts describe initiatives that address fundamental market and resource issues spanning a broad range of FERC’s electricity authorities. Today’s ...
August 10, 2017, Inside Energy & Environment
With two new Commissioners confirmed by the Senate and sworn in, FERC’s seven-month period without a quorum is over and it can get back to business. And with another two nominations now before the Senate with a hearing scheduled for September 7, the agency should be at full strength within the next few months and...… Continue Reading
August 2017, Pratt's Government Contracting Law Report
June 16, 2017
WASHINGTON—The National Law Journal has named Covington’s Gary Guzy as one of its “Energy & Environmental Trailblazers.” The list profiles 50 lawyers who “continue to make their mark in various aspects of legal work in the areas of energy and environmental law” and have “shown a deep passion and perseverance in pursuit of their mission.” Mr. Guzy has over three ...
Energy and Environmental Trailblazers
June 2017, The National Law Journal
Gary Guzy was profiled by The National Law Journal as a part of the publication's "Energy & Environmental Trailblazer" feature honoring 50 lawyers who “continue to make their mark in various aspects of legal work in the areas of energy and environmental law” and have “shown a deep passion and perseverance in pursuit of their mission.”
May 16, 2017, Inside Energy & Environment
On April 26, 2017, the U.S.-based solar manufacturer Suniva, Inc. filed a petition for global safeguards with the U.S. International Trade Commission (“ITC”). In particular, Suniva requests the imposition of tariffs on solar cells and the establishment of a minimum price for solar modules imported into the United States. The petition was filed under Section...… ...
Covington to Open South Africa Office
May 7, 2017, Africa Capital Digest
Graham Vinter is quoted in an Africa Capital Digest article regarding the expansion of Covington's Project Finance practice with the arrival of four new partners and the opening of offices in Johannesburg and Dubai. “The team’s reputation in project finance is absolutely first class, and we are delighted with their decision to join the firm,” says Vintner. “Not ...
May 4, 2017, African Law & Business
Timothy Hester and Graham Vinter are quoted in an African Law & Business article regarding the expansion of Covington's Project Finance practice with the arrival of four new partners and the opening of offices in Johannesburg and Dubai. According to Hester, the additions are “a natural progression of our strategy to build a leading projects practice.” He adds ...
April 28, 2017, Inside Energy & Environment
A recently-published NAFTA arbitration award in Windstream Energy LLC v. Government of Canada illustrates the perils of investing in clean energy projects in jurisdictions with ever evolving regulatory and policy frameworks. The case is also a good reminder of the importance of investing in foreign jurisdictions through vehicles incorporated in countries that ...
Covington Expands Project Finance Team
April 27, 2017
LONDON—Covington significantly expanded its Project Development and Finance practice with the addition of Ben Donovan, Agnieszka Klich, Richard Keenan, and David Miles, and the firm’s Middle East regional capabilities in corporate and dispute resolution matters with the addition of Jack Greenwald. With these additions, the firm also opened offices in Dubai and ...
April 27, 2017, The American Lawyer
Timothy Hester is quoted in an American Lawyer article regarding the expansion of Covington's Project Finance practice with the arrival of four new partners and the opening of offices in Dubai and Johannesburg. According to Hester, the firm’s Chadbourne recruits in Dubai and Johannesburg will create a bridge between Covington’s outposts in Africa, Asia, Europe ...
Covington Expands into Dubai and Jo'burg
April 27, 2017, IJ Global
Graham Vinter is quoted in an IJ Global article regarding the expansion of Covington's Project Finance practice with the arrival of four new partners and the opening of offices in Dubai and Johannesburg. According to Vinter, “We already have strong ties in the Middle East and North Africa region and want to be at the table when countries in that region launch ...
April 27, 2017, The Lawyer
Timothy Hester and Graham Vinter are quoted by The Lawyer in an article regarding the expansion of Covington's Project Finance practice with the arrival of four new partners and the opening of offices in Dubai and Johannesburg. According to Hester, “We have been looking to build our project finance team for a long time." He adds, "This group became available to ...
Team of Chadbourne partners opt against Norton Rose merger to launch two offices for Covington
April 27, 2017, Legal Week
Timothy Hester is quoted in a Legal Week article regarding the expansion of Covington's Project Finance practice with the arrival of four new partners and the opening of offices in Dubai and Johannesburg. According to Hester, “We have been focused on building our project finance capabilities for many years, and these opportunities fit very well with that ...
April 17, 2017, Covington Alert
On April 7, 2017, the SEC’s Division of Corporation Finance (the “Division”) issued a statement indicating that it will not recommend enforcement action to the SEC if companies subject to the SEC’s conflict minerals reporting rule only file disclosure under the provisions of paragraphs (a) and (b) of Item 1.01 of Form SD, and not under paragraph (c) of Item 1.01. As discussed below, the statement means that a company will not face the risk of an enforcement action if it fails to conduct the supply chain due diligence called for by paragraph (c) of Item 1.01 and does not file a Conflict Minerals Report, even when it would otherwise be required to take such steps. The Division’s statement is available here.
Too Much of a Good Thing? An Illustrated Guide to Solar Curtailment on California’s Grid
April 3, 2017, Green Tech Media
Bud Earley is quoted in a Green Tech Media article examining how California is managing oversupply of solar power. According to Earley, wind generators are not curtailing because they “generally receive -- in addition to market revenues -- production tax credits, renewable energy credits, and contractual energy payments, which amount to about $130/MWh for the ...
April 2017, Pratt's Energy Law Report
The Federal Energy Regulatory Commission issued a Policy Statement clarifying the flexibility electric storage resources have regarding rate designs to recover their costs. Wilbur ("Bud") Earley discusses these policies and rules, which are of interest to storage operators and investors, grid managers, other participants in Regional Transmission Organizations, and consumers of storage services.
March 28, 2017, Covington Alert
On March 16, 2017, following a lengthy legislative process, the European Parliament approved a final regulation implementing a new due diligence and reporting regime for “conflict minerals” (i.e., tin, tantalum and tungsten, their ores, and gold) imported in the EU. The regulation will enter into force 20 days after formal approval by the Council of Ministers and publication in the Official Journal of the European Union. The regime will be applicable as from January 1, 2021. The adopted text can be found here.
Large Equity Funds Are Demanding Greater Boardroom Attention to Sustainability and Climate Risks
March 27, 2017, Inside Energy & Environment
While the direction of Trump Administration policymaking on climate risk appears to deny concern, the largest U.S. public equity funds are sharpening their focus and concern about this subject. Last week BlackRock, the Nation’s largest funds group with $5.1 trillion in assets under management, updated its investment stewardship guidance and highlighted climate ...
March 17, 2017, Inside Energy & Environment
A recent New York Times article reported on an early-stage, solar energy microgrid being formed in Brooklyn, called the Brooklyn Microgrid, that relies on blockchain technology, the innovative database technology used by cryptocurrencies like Bitcoin that promises to transform industries as diverse as financial services, health care, retail, and manufacturing. ...
How Russian Oil Giant Rosneft Could Claim U.S. Oil
March 9, 2017, CBS News
Mark Plotkin is quoted in a CBS News article regarding Rosneft’s potential right to claim an ownership stake in U.S. oil company Citgo Petroleum. Commenting on the CFIUS process and whether committee members with potential conflicts have recused themselves, Plotkin says, “We don’t know because of the nature of the CFIUS process, which is confidential.”
Becoming Clean #6: W. Andrew Jack
March 5, 2017, Monaco Life
Andrew Jack was interviewed by Monaco Life for its “Becoming Clean” feature ahead of the 2017 CleanEquity Monaco conference. Commenting on the evolution of Covington’s Clean Energy and Climate Industry Group, Jack says, “We started up in late 2008 and we now have about 85 of the approximately 1,000 lawyers in the firm who are devoting a fair amount of their time ...
February 27, 2017
NEW YORK—Latinvex has named Covington partners Gabriel Mesa and Nicole Duclos among “Latin America’s Top 100 Lawyers” in 2017. Mr. Mesa counsels corporations in joint ventures and private mergers and acquisitions in Latin America and other emerging markets, as well as in the United States. A client described Mr. Mesa as "an excellent lawyer,” noting that his ...
February 7, 2017, Covington Alert
While the general direction of the Trump Administration to “scrap the Clean Power Plan” and promote more fossil fuel production is reflected in the “America First Energy Plan” released by the White House on inauguration day, the first two weeks of the Administration have revealed little new information on specific policies the Administration intends to pursue with respect to the electric power sector.
February 3, 2017, Global Investigations Review
Ian Hargreaves and David Lorello are quoted in a Global Investigations Review article regarding Hargreaves’ recent arrival to Covington. According to Hargreaves, the firm’s “pre-eminence in dispute resolution, and its immense strength and global recognition as a market-leader in white-collar crime matters and investigations” fueled his decision. Lorello says, ...
January 31, 2017
LONDON—Ian Hargreaves has joined Covington as a partner in the firm’s European Dispute Resolution practice resident in London. Mr. Hargreaves’ arrival follows that of litigation partners Craig Pollack, Greg Lascelles, Elaine Whiteford, and Louise Freeman over the past six months. Mr. Hargreaves advises on major European white collar and related civil and ...
Distributed Renewable Energy in Emerging Markets
January 18, 2017, World Future Energy Summit, Abu Dhabi, UAE
2 Disputes Lawyers Move To Covington Amid KWM Collapse
January 17, 2017, Law360
Alex Leitch and Jeremy Wilson are quoted in a Law360 article regarding the arrival of Craig Pollack and Louise Freeman to the firm’s European Dispute Resolution practice. According to Leitch and Wilson, “The firm’s growing footprint in London is a reflection of client demand that is fueled by the increasingly challenging regulatory and compliance environment, ...
January 16, 2017
LONDON—Craig Pollack and Louise Freeman have joined Covington as partners in the firm’s European Dispute Resolution practice resident in London. Mr. Pollack will also serve as co-chair of the firm’s Global Disputes Initiative with former U.S. Attorney General Eric Holder and former U.S. Under Secretary of State Alan Larson. Mr. Pollack focuses on complex high ...
January 2017, Energy Law Report
Accelerating Project Implementation for Distributed Solar in the Commercial, Residential and Industrial Sectors
December 14, 2016, 5th Annual MENA Clean Energy Summit, Clean Energy Business Council, Dubai, UAE
December 8, 2016, Covington Alert
Last week the European Commission presented an extensive package of legislative proposals (“Clean Energy Package”) that are intended to achieve and implement the European Union’s climate change and clean energy targets for 2030: a 40 percent cut of CO2 emissions, a share of 27 percent for renewable energies, and energy savings of 30 percent.
How to implement distributed solar projects in Jordan
November 15, 2016, MESIA: Jordan/Palestine Solar Energy Trade Mission
Regulating for Renewables Expansion
November 10, 2016, Desert Energy Leadership Summit, Dubai, UAE
Trump's election: Implications for US infrastructure
November 9, 2016, IJ Global
Andrew Jack is quoted in an IJ Global article regarding the implications of Donald Trump’s election for U.S. infrastructure. According to Jack, although there is much uncertainty about what might change, “there’s a lot of things that are going to continue regardless of who is in government.” Jack points out that there will continue to be technological ...
Solar 2.0: Offtake Agreements with Non-Governmental Commercial and Industrial Electricity Consumers. How to Efficiently Structure Bankable Deals?
November 1, 2016, Unlocking Solar Capital, Solar Plaza, Nairobi, Kenya
Combining Energy Efficiency with Energy Distribution & Financing Models for Distributed Generation
October 5, 2016, Dubai Solar Show Seminar Week, Dubai, UAE
September 26, 2016
LONDON—Graham Vinter, General Counsel of BG Group plc from 2007 until 2015, has joined Covington’s London office. Mr. Vinter will chair the firm’s Project Finance practice and supervise an expansion of the firm’s capabilities in this area. At BG Group, Mr. Vinter was a member of the Group Executive Committee and reported to the Chief Executive Officer. He was ...
Solar Power in the UAE
September 19, 2016, Intersolar Middle East, Dubai, UAE
Renewable Investments in North America and the Middle East
September 19, 2016, Webcast
CEO says cheap natural gas drives chemical industry
September 15, 2016, Argus Media
Donald Elliott participated in a conference hosted by Indiana University and is quoted in an Argus Media article regarding the effect of inexpensive natural gas on increased investment in the U.S. According to Elliott, almost no Pennsylvania localities have chosen to use their power to ban hydraulic fracturing, a drilling method which allows for cheaper gas.
Silicon Valley Dealmaker Joins Covington
September 13, 2016, ABF Journal
Timothy Hester and Tom DeFilipps are quoted in an ABF Journal article regarding the arrival of DeFilipps to Covington. According to Hester, “Adding Tom to our Silicon Valley office is a major step forward in our plan for continued growth in California.” DeFilipps says, “I am very pleased to join Covington’s growing California practice.” He continues, “I am ...
September 13, 2016, The Recorder
Tom DeFilipps and Doug Gibson are quoted by The Recorder in an article regarding DeFilipps’ recent move to Covington, where he will serve as chair of the West Coast corporate practice. According to DeFilipps, “Covington presented to me an opportunity to do something that sounded very interesting at this point in my career.” He continues, "I felt as though it was ...
September 13, 2016, Daily Journal
Tom DeFilipps and Doug Gibson are quoted in a Daily Journal article regarding DeFilipps’ move to Covington’s Silicon Valley office. Commenting on the draw to Covington DeFilipps says, “One of the more compelling aspects of the Covington platforms is the way it allows you to meld the strength of its regulatory practice in D.C. and non-U.S. jurisdictions, like ...
Leading Silicon Valley Dealmaker Joins Covington
September 12, 2016
SILICON VALLEY—Tom DeFilipps has joined Covington as a partner in the Silicon Valley office and will serve as chair of the West Coast Corporate practice. “Adding Tom to our Silicon Valley office is a major step forward in our plan for continued growth in California,” said Timothy Hester, Covington’s chair. “Tom has built a successful Northern California ...
September 12, 2016, Law360
Timothy Hester and Tom DeFilipps are quoted in a Law360 article regarding DeFilipps’ recent arrival. According to Hester, “Adding Tom to our Silicon Valley office is a major step forward in our plan for continued growth in California.” He continues, “Tom has built a successful Northern California corporate practice over many years and has a demonstrated track ...
2017
Our Brexit Task Force is staffed by senior lawyers and advisors across London, Brussels, and Washington to monitor events and to keep clients apprised of legal, regulatory, and policy developments. We are advising clients across a wide range of businesses and industries on the impact and implications of Brexit, including on strategic policy and regulatory ...
UK Votes to Leave the EU
June 24, 2016, Covington Alert
The UK has voted to leave the European Union in an advisory referendum. 52% leave - 48% remain. Were the UK to leave the EU, this would have significant implications for the UK and for international businesses operating in the UK. The longer term impact of the decision on the regulatory framework for the UK will depend, in part, on the relationship that the UK ...
Covington Receives Top Rankings from Chambers USA
June 7, 2016
WASHINGTON—Covington has again received top rankings from Chambers USA, with 60 practice rankings and 120 individual rankings for lawyers in the publication’s 2016 edition. The legal guide identifies leading lawyers and law firm practices based on interviews conducted by Chambers’ researchers with thousands of lawyers and their clients. The firm was ranked in ...
May 19, 2016
BRUSSELS — Carl Bildt, the former Prime Minister of Sweden, has joined Covington as a Senior Policy Advisor in the firm’s global Public Policy and Government Affairs practice. Most recently, Mr. Bildt served as Sweden’s Minister for Foreign Affairs between 2006 and 2014. As Prime Minister of Sweden, Mr. Bildt led the government that negotiated and signed ...
May 19, 2016, Natural Gas Intel
Mark Perlis spoke at the EnergyRisk Summit 2016 USA and is quoted in this Natural Gas Intel article regarding the decreasing number of companies voluntarily providing information for price indexes in the turbulent natural gas market. According to Perlis, “If you're going to voluntarily report, you have to report accurately and in totality. That's the essence of ...
David Pinsky Named Law360 "Rising Star"
April 21, 2016
New York — Law360 has named Covington international arbitration partner David Pinsky a “Rising Star.” This annual recognition honors top attorneys under the age of 40 “whose legal accomplishments belie their age.” Law360 recognized how Mr. Pinsky, who leads Covington’s arbitration group’s Russia and Eurasia initiative, helped develop the firm’s Russia-focused ...
March 14, 2016, Law360
Legal and Commercial Structuring for Shams Dubai Projects
March 1, 2016, Solar Leasing and the Implementation of Distributed Solar in MENA, Clean Energy Business Council, Dubai, UAE
Latinvex Names Gabriel Mesa Among “Top 100 Lawyers”
January 29, 2016
NEW YORK — Latinvex has named Covington partner Gabriel Mesa among its “Latin America’s Top 100 Lawyers” for the third year in a row. Resident in the firm’s New York office, Mr. Mesa counsels corporations in joint ventures and private mergers and acquisitions in Latin America and other emerging markets, as well as in the United States. His work spans venture ...
Distributed power and off-grid solutions in the Middle East and Africa power market
January 18-21, 2016, World Future Energy Summit, Abu Dhabi, UAE
December 28, 2015, Covington Alert
December 15, 2015, Bloomberg BNA
Scott Freling and Justin Ganderson are quoted in a Bloomberg BNA article discussing House and Senate energy policy bills with provisions intended to boost performance contracting and make the government more energy efficient. Ganderson argues that even though some of the energy savings performance contracts (ESPCs) provisions were eliminated, congressional ...
Utility of the Future: Paths Through Federal Policy and Regulation Toward Collaboration, Innovation, and Market Solutions in the Electric Power Industry
October 1, 2015, Presented by Covington and the Bipartisan Policy Center
September 14, 2015
BRUSSELS, September 14, 2015 — Ambassador Karel Kovanda has joined Covington’s global public policy and government affairs practice as a Senior European Policy Advisor. He will be based in the firm’s Brussels office. Ambassador Kovanda served as Deputy Director General of External Relations (now the European External Action Service) at the European Commission ...
Best practices in structuring solar power project finance
September 14-16, 2015, GulfSol, Dubai, UAE
July 21, 2015
NEW YORK, July 21, 2015 — Covington advised Morgan Stanley & Co. LLC as financial advisor to Vivint Solar, Inc. in connection with its acquisition by SunEdison, Inc. The transaction consideration, valued at $2.2 billion, will be paid to Vivint stockholders in a combination of cash, SunEdision common stock and a convertible promissory note. Vivint Solar sells, ...
July 15, 2015, Covington Alert
June 22, 2015, InsideEnergy&Environment Blog
Supporting Distributed Renewables with Progressive Policies and Regulations
April 13, 2015, Clean Energy Business Council, Dubai, UAE
March 27, 2015, InsideEnergy&Environment Blog
March 9, 2015, United Nations Development Programme
This report proposes four overlapping principles that should guide the integrated global accountability framework for the post-2015 process: transparency, inclusiveness, deliberation and responsiveness.
February 20, 2015, InsideEnergy&Environment Blog
February 18, 2015, InsideEnergy&Environment Blog
December 30, 2014, InsideEnergy&Environment Blog
US-China Deal Ups Ante For EPA In Battle Over GHG Rules
November 12, 2014, Law360
Covington's Gary Guzy is quoted on the agreement between the U.S. and China to reduce their greenhouse gas emissions: "Gary Guzy, senior of counsel at Covington & Burling LLP and former deputy director and general counsel of Obama’s Council on Environmental Quality, said the agreement was "enormously significant." "There has been significant difficulty in ...
November 10, 2014, InsideEnergy&Environment Blog
November 6, 2014, InsideEnergy&Environment Blog
UK Issues Proposed Rule to Implement EU Extractive and Logging Industry Reporting Requirements
October 1, 2014, Covington E-Alert
Covington promotes Chilean in New York
October 1, 2014, Global Arbitration Review
Covington's Nicole Duclos is featured in this article on her recent promotion to partner: "Duclos’s promotion is effective today. She joined Covington in September 2013, bringing with her two former Allen & Overy associates, Erin Thomas and Thomas Odell." "Unsurprisingly given her Chilean nationality, much of her arbitration practice focuses on South America. ...
5 Dodd-Frank Reforms That Keep Energy Attys Up At Night
September 11, 2014, Law360
Covington's Stephen Humenik is quoted in this article regarding which aspects of Dodd-Frank rules are the source of most concern for energy firms: "Most of the Dodd-Frank rules affecting energy firms — primarily issued by the U.S. Commodity Futures Trading Commission — are already on the books either in proposed or final form." “There are few important ones ...
July 31, 2014, InsideEnergy&Environment Blog
April 15, 2014, Covington Advisory
Covington Partners Present at CleanEquity Monaco
April 7, 2014
WASHINGTON, DC, April 7, 2014 — Covington & Burling partners Simon Amies, Scott Anthony and Andrew Jack spoke at the 2014 CleanEquity Monaco conference in the Principality of Monaco on March 27 and 28. The annual conference, sponsored in part by Covington and hosted by London-based Innovator Capital, aims to accelerate cleantech innovation and provide expert ...
January 31, 2014, Covington Advisory
January 6, 2014
WASHINGTON, DC, January 6, 2014 — Law360 named Covington & Burling’s energy practice as one of the top five “Energy Practice Groups of the Year.” In giving this award, Law360 recognized the breadth of Covington’s practice capabilities (including litigation, transactions, regulatory and government policy) in both the traditional and emerging energy sectors and ...
October 8, 2013, Bloomberg BNA Federal Contracts Report
September 12, 2013, Covington E-Alert
July 25, 2013, Covington E-Alert
July 24, 2013, Covington Advisory
July 3, 2013, Covington Advisory
7/2/2013
LONDON, 2 July, 2013 — Covington & Burling LLP is pleased to announce that Ben Holland and Jeremy Wilson are joining the firm’s London office as partners. Both will practice in Covington’s international arbitration and commercial litigation practice groups, focusing on energy-related disputes. They are joining a well-established team that has been at the ...
May 31, 2013, Covington E-Alert
May 23, 2013, Law360
April 24, 2013, Covington Advisory
February 2013, 43 Environmental Law Reporter 10095
January 3, 2013, Covington Advisory
October 25, 2012, Covington E-Alert
Covington Lawyers Recognized by NY Super Lawyers
September 24, 2012
NEW YORK, September 24, 2012 — New York Super Lawyers selected 27 Covington & Burling lawyers for its 2012 list of top legal talent. Super Lawyers selects only five percent of the total lawyers in the state based upon peer review and the publication’s independent research. Nineteen Covington lawyers were named New York Super Lawyers: Jack Bodner, Mergers & ...
August 29, 2012, Covington Advisory
August 27, 2012
WASHINGTON, DC, August 27, 2012 — Covington & Burling LLP lawyers received 196 individual mentions in 57 areas of law in the 2013 edition of The Best Lawyers in America. This annual compilation of top U.S. lawyers is based on peer-review surveys and is used as a referral guide in the legal profession. The Covington lawyers recognized are as ...
Covington Receives Top Tier Nods in Legal 500 US
August 14, 2012
WASHINGTON, DC, August 14, 2012 — Covington & Burling LLP has received a top tier ranking in six practice areas and 18 individual attorneys are named “Leading Lawyers” in the recently released Legal 500 US 2012 edition. Additionally, Legal 500 US also “recommended” 36 Covington practice areas and 123 Covington lawyers. The six Covington practices given the top ...
August 7, 2012
WASHINGTON, DC, August 7, 2012 — Covington & Burling advised SandRidge Energy, Inc. on a $1.1 billion offering of two series of senior notes, marking SandRidge's largest capital markets transaction to date. The offering was comprised of $825 million of 7.5 percent senior notes due 2023 and $275 million of 7.5 percent senior notes due 2021. The proceeds of the ...
Covington Advises SandRidge Energy in $130 Million Sale of Tertiary Assets to Morgan Stanley Global Private Equity
June 4, 2012
NEW YORK, June 4, 2012 — Covington advised SandRidge Energy, Inc. on the sale of its non-core tertiary recovery business for $130 million to Morgan Stanley Global Private Equity portfolio company Trinity CO2 Investments. The divested properties are located in West Texas and currently produce approximately 1,100 barrels of oil per day. SandRidge Energy is an oil ...
Covington Lawyers Recognized by D.C. Super Lawyers
May 2, 2012
WASHINGTON, DC, May 2, 2012 — D.C. Super Lawyers selected 64 Covington & Burling lawyers for its 2012 list of top legal talent. Super Lawyers selects no more than five percent of the total lawyers who practice in Washington based on peer review and the publication’s independent research. Deborah Garza and Robert Long have been named among the “Top 100” for ...
Covington Advises SandRidge on Royalty Trust IPO
April 24, 2012
WASHINGTON, DC, April 24, 2012 — SandRidge Mississippian Trust II announced today the closing of its initial public offering of 29.9 million common units, including 3.9 million common units sold pursuant to the exercise of the underwriters’ over-allotment option, representing a 60 percent beneficial interest in the Trust. SandRidge Energy, Inc., as sponsor of ...
March 19, 2012
LONDON, 19 March, 2012 — Covington & Burling LLP received 46 individual mentions and 20 practice mentions in the Chambers Global 2012 edition. The guidebook, which ranks lawyers globally by pan-regional and country practice area, is designed to identify the most skilled legal practitioners based on the qualities most valued by clients. The Covington lawyers ...
1/17/2012
BRUSSELS, 17 January, 2012 — Covington & Burling LLP is pleased to announce that Jean De Ruyt has joined the firm’s government affairs group as a senior European policy advisor in Brussels. Ambassador Jean De Ruyt is among the most experienced diplomats in Europe. Most recently, he served as the Permanent Representative of Belgium to the European Union and was ...
Covington Advises HaloIPT on Qualcomm’s Acquisition of its Automotive Wireless Charging Technology
November 21, 2011
LONDON, 21 November, 2011 — Qualcomm Incorporated (NASDAQ: QCOM) has acquired substantially all of the technology and other assets of HaloIPT, a leading provider of wireless charging technology for electric road vehicles. Covington & Burling LLP advised HaloIPT on the transaction. HaloIPT's financial adviser was Innovator Capital, the London based cleantech ...
U.S. News-Best Lawyers Awards Covington ‘Law Firm of the Year’ in FDA Law and 82 First-Tier Practice Rankings
November 1, 2011
WASHINGTON, DC, November 1, 2011 — For the second consecutive year, U.S. News-Best Lawyers awarded Covington & Burling the most first-tier practice rankings for Washington, DC in the “Best Law Firms” survey. The 2011-12 survey also awarded the firm 82 first-tier practice rankings, placing Covington among the top 20 firms nationwide. Additionally, U.S. ...
September 27, 2011
NEW YORK, September 27, 2011 — Twenty Covington & Burling LLP lawyers are recognized in the 2011 edition of New York Super Lawyers. The annual list by Super Lawyers selects only five percent of the total lawyers in the state based upon peer review and the publication’s independent research. Sixteen Covington lawyers were named New York Super Lawyers: Jack ...
September 7, 2011
WASHINGTON, DC, September 7, 2011 — Covington & Burling LLP lawyers received 184 individual mentions in 56 areas of law in the 2012 edition of The Best Lawyers in America. This annual compilation of top US lawyers is based on peer-review surveys and is used as a referral guide in the legal profession. The Covington lawyers recognized are as follows: ...
Covington Advises SandRidge on Royalty Trust Offering
August 16, 2011
WASHINGTON, DC, August 16, 2011 — SandRidge Permian Trust recently announced the closing of its initial public offering of 34.5 million common units of beneficial interest at a price of $18 per unit. Net proceeds of the offering, before expenses, were approximately $584 million. The common units sold in the offering represent a 66 percent beneficial interest ...
June 10, 2011
WASHINGTON, DC, June 10, 2011 — Covington & Burling LLP received 123 individual mentions and 45 practice mentions in Chambers USA 2011. The guidebook, which ranks lawyers by state and national practice area, is designed to identify the most skilled legal practitioners based on the qualities most valued by clients. Here are the Covington lawyers and practices ...
June 9, 2011
WASHINGTON, DC, June 10, 2011 — Covington & Burling LLP received 92 individual mentions and 32 practice mentions in the Legal 500 US 2011 edition. Legal 500 reviews the strengths and strategies of law firms in more than 90 countries in Europe, the Middle East, Asia, North and South America, and the Caribbean. Here are the Covington lawyers and practices ...
5/16/2011
WASHINGTON, DC, May 16, 2011 — Joy Global Inc. (NASDAQ: JOYG), a worldwide leader in high-productivity mining solutions, reported today that it has signed a definitive agreement to acquire 100 percent ownership interest in LeTourneau Technologies, Inc. (“LeTourneau”) from Rowan Companies, Inc. (“Rowan”) (NYSE: RDC) for $1.1 billion in cash. LeTourneau designs, ...
April 28, 2011, Covington E-Alert
April 13, 2011
WASHINGTON, DC, April 13, 2011 — SandRidge Mississippian Trust I has announced the closing of its public offering of 17.25 million common units of beneficial interest, at a price per unit of $21.00. The 17.25 million units represent an approximately 62 percent beneficial interest in the Trust. Covington & Burling LLP served as counsel to SandRidge Energy, Inc. ...
FERC Approves Rules to Improve Compensation to Demand Response in Organized Electricity Markets
April 1, 2011, Covington E-Alert
February 25, 2011, Covington E-Alert
January 11, 2011, Covington E-Alert
Winter 2011, US-China Quarterly Market Review
December 27, 2010, Covington E-Alert
December 1, 2010, Covington E-Alert
November 10, 2010
WASHINGTON, DC, November 10, 2010 — SandRidge Energy, Inc. has announced a private offering, which closed today, of 2.5 million shares of its 7.0% convertible perpetual preferred stock for net proceeds of approximately $242 million. The company has also granted an option to the initial purchasers to purchase an additional 500,000 shares, or $50 million, of the ...
Covington Advises Atlas Pipeline Holdings L.P. in Acquisition of Upstream Oil & Gas Assets from Atlas Energy, Inc.
November 9, 2010
NEW YORK, November 9, 2010 — Atlas Pipeline Holdings L.P. and Atlas Energy, Inc. announced today that they have entered into an agreement for Atlas Holdings to acquire from its parent, Atlas Energy, all of Atlas Energy’s partnership management business and certain producing oil & gas assets for total consideration of $250 million, consisting of $220 million in ...
November 1, 2010, Covington E-Alert
October 29, 2010, Covington E-Alert
October 18, 2010, Covington E-Alert
September 30, 2010, Covington E-Alert
September 28, 2010
Covington Receives First-Tier Practice Nods in Inaugural “Best Law Firms” Rankings by U.S. News and Best Lawyers
September 17, 2010
WASHINGTON, DC, September 17, 2010 — Covington & Burling LLP received 33 first-tier practice rankings in the 2010 “Best Law Firms” survey by U.S. News Media Group and Best Lawyers. Covington’s first-tier national rankings place it among the top 10 firms nationwide and at the top of the first-tier rankings for Washington, DC. The inaugural rankings presented in ...
August 6, 2010
WASHINGTON, DC, August 6, 2010 — Covington & Burling LLP received 138 individual mentions in 40 areas of law in the 2011 edition of The Best Lawyers in America. This annual compilation of top US lawyers is based on peer-review surveys and is used as a referral guide in the legal profession. The Covington lawyers recognized are as follows: Administrative: ...
July 29, 2010, Covington E-Alert
Covington Advises SandRidge Energy on Closing of Merger with Arena Resources, Creating a $6.2 Billion Company
July 20, 2010
NEW YORK, July 20, 2010 — SandRidge Energy, Inc. has completed its acquisition of Arena Resources, Inc., creating a combined company with an enterprise value of approximately $6.2 billion. Covington & Burling LLP advised SandRidge Energy on the transaction. The merger closed on July 16 following special meetings of the stockholders of each company. The ...
June 28, 2010, Covington E-Alert
June 23, 2010
WASHINGTON, DC, June 23, 2010 — Covington & Burling LLP received 85 individual mentions and 23 practice mentions in the Legal 500 US 2010 edition. Legal 500 reviews the strengths and strategies of law firms in more than 90 countries in Europe, the Middle East, Asia, North and South America, and the Caribbean. Here are the Covington lawyers and practices ...
June 18, 2010, Covington E-Alert
June 16, 2010
WASHINGTON, DC, June 16, 2010 — Covington & Burling LLP received 112 individual mentions and 44 practice mentions in Chambers USA 2010. The guidebook, which ranks lawyers by state and national practice area, is designed to identify the most skilled legal practitioners based on the qualities most valued by clients. Here are the Covington lawyers and practices ...
May 20, 2010, Covington E-Alert
May 13, 2010, Covington E-Alert
April 21, 2010
WASHINGTON, DC, April 21, 2010 — In a statement released today, Pepco Holdings, Inc. announced that it has entered into an agreement to sell the power generation assets of its Conectiv Energy segment to Calpine Corporation for approximately $1.7 billion. Covington & Burling LLP advised Pepco Holdings on the transaction. Pepco Holdings, headquartered in ...
April 1, 2010, Covington E-Alert
March 29, 2010, Covington E-Alert
March 16, 2010, Covington Advisory
February 3, 2010
WASHINGTON, DC, February 3, 2010 — Covington & Burling LLP is pleased to announce that Gerard Waldron has rejoined the firm’s Washington office as a partner after serving as Staff Director and Chief Counsel of the House Select Committee on Energy Independence and Global Warming. In this role, Mr. Waldron has been deeply involved in all major energy and ...
January 28, 2010, Covington Advisory
January 8, 2010, Covington E-Alert
December 17, 2009, Covington E-Alert
December 16, 2009
WASHINGTON, DC, December 16, 2009 — SandRidge Energy, Inc. has announced the pricing of its private placement of $450 million of 8 3/4% Senior Notes due in 2020. Covington & Burling LLP advised SandRidge on the transaction, as well as the recently announced sales of the company’s preferred and common stock. SandRidge Energy is a natural gas and crude oil ...
December 10, 2009, Covington E-Alert
12/2/2009
WASHINGTON, DC, December 2, 2009 — SandRidge Energy, Inc. has announced that it is selling shares of its preferred and common stock in connection with the planned acquisition of Forest Oil Corporation’s oil and gas properties in the Permian Basin of Texas. Covington & Burling LLP advised SandRidge on the stock transactions. SandRidge Energy is a natural gas and ...
October 30, 2009, Covington E-Alert
October 15, 2009, Covington E-Alert
September 25, 2009, Covington E-Alert
September 24, 2009, Covington E-Alert
Covington Advises Indian Energy on its AIM IPO
9/2/2009
LONDON, September 2, 2009 — Indian Energy, an independent power producer operating wind farms in India, today announced its admission to AIM, raising £9.75 million before expenses through a placing of ordinary shares. Covington & Burling LLP advised Indian Energy on the transaction. Indian Energy is focused on building a portfolio of wind power generating ...
August 18, 2009, Covington E-Alert
August 7, 2009
WASHINGTON, DC, August 7, 2009 — Covington & Burling LLP received 131 individual mentions in 38 areas of law in the 2010 edition of The Best Lawyers in America. This annual compilation of top US lawyers is based on peer-review surveys and is used as a referral guide in the legal profession. The Covington lawyers recognized are as follows: Administrative: ...
August 7, 2009, Covington E-Alert
July 24, 2009, Covington E-Alert
Covington Advises Energy Conversion Devices on Acquisition of Solar Integrated Technologies
7/22/2009
WASHINGTON, DC, July 22, 2009 — Energy Conversion Devices, Inc. (ECD), a NASDAQ-listed leading global manufacturer of thin-film flexible solar laminate products for the building integrated and commercial rooftop markets, and Solar Integrated Technologies, Inc. (SIT), an AIM-listed leading provider of building integrated photovoltaic roofing systems, today ...
July 22, 2009, Covington E-Alert
July 10, 2009, Covington E-Alert
June 12, 2009
WASHINGTON, DC, June 12, 2009 — Covington & Burling LLP received 100 individual mentions and 40 practice mentions in Chambers USA 2009. The guidebook, which ranks lawyers by state and national practice area, is designed to identify the most skilled legal practitioners based on the qualities most valued by clients. Here are the Covington lawyers and practices ...
IRS Publishes Guidance for Electing ITC In Lieu of PTC for Certain Renewable Energy Facilities
June 10, 2009, Covington E-Alert
May 7, 2009, Covington E-Alert
April 29, 2009, Covington E-Alert
4/15/2009
WASHINGTON, DC, April 15, 2009 — Covington & Burling LLP has announced the formation of a Clean Energy and Climate industry group designed to enhance the firm’s ability to help clients navigate the business challenges and opportunities presented by rapidly transforming energy and transportation infrastructures and by developments in climate change policy, both ...
4/10/2009
NEW YORK, NY, April 10, 2009 — First Solar, Inc. has announced the completion of its previously announced acquisition of OptiSolar’s project development business. Covington & Burling LLP advised OptiSolar on the deal. OptiSolar is a California-based independent power producer committed to delivering clean, competitively priced electricity to the power grid from ...
March 24, 2009, Covington E-Alert
Biofuels Growing Beyond Corn
March 16, 2009, Legal Times
March 2, 2009
SAN FRANCISCO, CA, March 2, 2009 — Borrego Solar Systems Inc. and groSolar Inc. announced that they have completed the sale of the residential solar division of Borrego to groSolar. Financial terms of the agreement were not disclosed. Covington & Burling LLP advised Borrego on the transaction. Following the sale, Borrego Solar will continue its focus on ...
February 17, 2009, Covington E-Alert
2/5/2009
SAN FRANCISCO, CA, February 5, 2009 — Covington & Burling LLP advised solar power systems designer and installer Borrego Solar Systems Inc. in a $14 million first round of venture financing from an unnamed publicly traded company. Borrego Solar is a solar electric contractor specializing in commercial, residential and public sector turnkey, grid-connected solar ...
January 22, 2009, Covington E-Alert
December 2, 2008, Covington E-Alert
FERC Acts on Enforcement Compliance Policy, Standards of Conduct and Organized Electricity Markets
October 27, 2008, Covington E-Alert
September 29, 2008
WASHINGTON, DC, September 29, 2008 — Covington & Burling LLP received 124 individual mentions in 40 areas of law in the 2009 edition of The Best Lawyers in America. This annual compilation of top US lawyers is based on peer-review surveys and is used as a referral guide in the legal profession. The Covington lawyers recognized are as follows: Administrative: ...
September 24, 2008, Covington E-Alert
8/25/2008
WASHINGTON, DC, August 25, 2008 — The U.S. Court of Appeals for the Federal Circuit today upheld the 2006 ruling of the Court of Federal Claims that awarded over $1 billion to 11 oil and gas companies that sued the Government for its breach of nearly three dozen oil and gas leases off the coast of California. The award by the Court of Federal Claims was likely ...
8/21/2008
WASHINGTON, DC, August 21, 2008 — Borealis Infrastructure Management and GIC Special Investments announced on August 13 an agreement to invest approximately $1.254 billion in Dallas-based Oncor Electric Delivery Company LLC. Covington & Burling LLP advised Energy Future Holdings Corp. (EFH), the parent company of Oncor, on the Committee on Foreign Investment in ...
8/6/2008
NEW YORK, NY, August 6, 2008 — General Maritime Corporation and Arlington Tankers Ltd. jointly announced today that they have entered into a definitive agreement whereby the two companies will combine in a stock-for-stock combination. The combination will create a leading publicly traded tanker company with a value of approximately $2 billion. Covington & ...
June 16, 2008
WASHINGTON, DC, June 16, 2008 — Covington & Burling LLP received 81 individual mentions and 45 practice mentions in the newly released 2008 Chambers USA. The guidebook, which ranks lawyers by state and national practice area, is designed to identify the most skilled legal practitioners based on the qualities most valued by clients. Here are the Covington ...
May 21, 2008, Covington E-Alert
March 26, 2008, Covington E-Alert
1/8/2008
WASHINGTON, DC, January 8, 2008 — Joy Global Inc., a worldwide leader in high-productivity mining solutions, reported today that it has signed a definitive agreement to acquire 100% of the stock of NES Investment, Co., the parent holding company of Continental Global Inc. Continental designs, manufactures, installs and services highly engineered bulk material ...
November 29, 2007
NEW YORK, NY, November 29, 2007 — US BioEnergy Corp. and VeraSun Energy Corp. announced today they will combine in an all-stock deal. Under the agreement, 0.81 shares of VeraSun stock will be issued for each outstanding share of US BioEnergy, and the combined company is projected to have a market capitalization of approximately $1.5 billion. Covington & Burling ...
Covington Recognized in More than Twenty Practice Areas in Inaugural Edition of Legal 500 US
9/28/2007
WASHINGTON, DC, September 28, 2007 — In its inaugural year, The Legal 500 US has recognized Covington & Burling LLP’s practice excellence in 23 fields. Compiled in four volumes published in 2007, the Legal 500 US singles out the following practices: Broadcasting and Digital Buyouts: sub-$1b Copyright - regional Copyright Litigation - regional Data ...
September 6, 2007
WASHINGTON, DC, September 6, 2007 — Covington & Burling LLP received 115 individual mentions in 38 areas of law in the 2008 edition of The Best Lawyers in America. This annual compilation of top US lawyers is based on peer-review surveys and is used as a referral guide in the legal profession. The recipients are as follows: Administrative: E. Edward Bruce and ...
June 25, 2007, Covington E-Alert
June 18, 2007
WASHINGTON, DC, June 18, 2007 — Covington & Burling LLP received 44 practice mentions and 74 individual mentions in the newly released 2007 Chambers USA guidebook. The 2007 edition of Chambers USA attempts to identify the most skilled legal practitioners throughout the country based on the qualities most valued by clients. Covington attorneys have been ...
Covington Advises UBS on Atlas Energy Deal
May 21, 2007
NEW YORK, NY, May 21, 2007 — Atlas Energy Resources, LLC announced that it has signed a definitive purchase agreement to acquire DTE Gas & Oil Company, a wholly owned subsidiary of DTE Energy Company, for $1.225 billion in cash. Covington & Burling LLP advised UBS Investment Bank, financial advisor to Atlas Energy, on the transaction, which is expected to close ...
Court Awards Companies $1.1 Billion for U.S. Government's Breach of Oil and Gas Leases
November 21, 2005
Covington Lawyers Go 8-for-8 Versus the U.S. Government; Winning $1.8B for Clients WASHINGTON, D.C, November 21, 2005 - In one of the largest awards in its 140-year history, on Thursday, November 17, 2005, the United States Court of Federal Claims unsealed its $1.1 billion award to 12 oil and gas companies. Covington & Burling represented 11 of those ...
September 13, 2005
WASHINGTON, D.C., September 13, 2005 - Forty-six Covington & Burling lawyers practicing in 27 fields were recognized in the 2006 edition of The Best Lawyers in America. The number of Covington lawyers listed increased by over 40% from the last edition. This biennial compilation of top U.S. lawyers is based on peer-review surveys and is used as a referral guide ...
May 10, 2005
NEW YORK, NY, May 10, 2005 - Covington & Burling represented UBS as financial advisor to Duke Energy Corp. in its recently announced merger agreement with Cinergy Corp. The all stock transaction is valued at about $9 billion, with each common share of Cinergy converting to 1.56 shares of Duke Energy. The newly formed company, called Duke Energy Corporation, ...
April 14, 2005
NEW YORK, NY, April 14, 2005 - Kerr-McGee Corporation announced today its intention to repurchase up to $4 billion of common stock through a modified "Dutch Auction" tender offer. Covington advised Kerr-McGee on this matter.Kerr-McGee has also obtained commitments from JP Morgan and Lehman Brothers, Inc., which will be used to finance the tender offer and ...
March 15, 2005
WASHINGTON, D.C., March 15, 2005 - Covington & Burling advised IBM during its national security review by the Committee on Foreign Investment in the United States (CFIUS) in connection with the sale of its Personal Computing Division to Lenovo Group Limited, one of the leading IT companies in the People's Republic of China. The transaction between IBM and ...
Kerr-McGee and Westport Resources Complete Merger
June 29, 2004
NEW YORK, NY, June 29, 2004 - The stockholders of Kerr-McGee Corp. (NYSE: KMG) and Westport Resources Corp. (NYSE: WRC) approved the merger of the companies on June 25, 2004 during special meetings of the stockholders of each company. The transaction now has been completed. Covington & Burling represented Kerr-McGee Corp., an Oklahoma City-based oil and ...
Richard A. Meserve, Former Chairman of Nuclear Regulatory Commission, Returns to Covington & Burling
June 1, 2004
June 1, 2004 - WASHINGTON, D.C. - Covington & Burling announced today that Richard A. Meserve will rejoin the firm as senior of counsel. Meserve was for many years a partner at Covington & Burling. In 1999, he left to become Chairman of the U.S. Nuclear Regulatory Commission (NRC), where he served with distinction until April 2003. Since then, Meserve has served ...
Covington & Burling Announces Eight New Partners
October 3, 2002
October 3, 2002 - WASHINGTON, D.C. - Covington & Burling announced that eight attorneys have been elected to the partnership, effective October 1, 2002. New partners in Covington's Litigation Practice include Georgia Kazakis and Edward H. Rippey. Michael S. Labson is a new partner in the firm's Food and Drug and Life Sciences Practices. Erin M. Egan and Jennifer ...
Theodore L. Garrett of Covington & Burling Becomes Chair of the Environment, Energy & Resources Section of the ABA
July 17, 2000
July 17, 2000 — Washington, DC — On July 20, 2000, Covington & Burling partner Theodore L. Garrett will become Chair of the Environment, Energy and Resources Section of the American Bar Association at the annual ABA meeting in London. Mr. Garrett previously served as Chair-Elect of the Section and has served on the ABA Superfund Reform Task Force, as Vice-Chair, ...
June 29, 2000
June 29, 2000 — Washington, DC — Earlier this week, the Supreme Court ruled in favor of Covington client Mobil Oil in Mobil Oil Exploration & Producing Southeast, Inc. v. United States. In addition to this win, Covington earned two other Supreme Court victories this term in Harris Trust & Savings Bank v. Salomon, Brothers, Inc. and Food & Drug Administration ...
- Law360
- Names Covington energy practice as one of the top five “Energy Practice Groups of the Year” (2014)
- Names Covington as an “Energy Group of the Year” (2013)
- Law360 - Most Valuable Players
- Energy: Steven Rosenbaum (2012)
- U.S. News - Best Law Firms, Energy Law, Tier 1 (2014-2015)
- The Best Lawyers in America (2017)
- Energy: William Massey, Richard Meserve, and Mark Perlis
- Chambers Global (2016)
- Energy - Electricity - Regulatory & Litigation (USA): William Massey
- Energy & Natural Resources (USA): William Massey, Richard Meserve, and Mark Perlis
- Chambers USA (2016)
- Energy: Electricity (Nationwide)
- Corporate/M&A and Private Equity (DC): Andrew Jack
- Energy/Electricity (Nationwide): William Massey and Mark Perlis
- Energy/Nuclear (Nationwide): Richard Meserve
- Energy/Oil & Gas (Nationwide): William Massey
- Legal 500 Latin America (2016)
- Energy: Litigation
- Legal 500 EMEA (2016)
- Belgium, EU Regulatory, Energy - Tier 1 ranking
- Belgium, EU Regulatory, Energy - Recommended Lawyer: Cándido García Molyneux
- Legal 500 US (2016)
- Energy: Litigation - Tier 1 ranking
- Energy: Litigation - Recommended Lawyers: Alexander Berengaut, Maureen Browne, TL Cubbage, Nicole Duclos, Miguel López Forastier, Allan Moore, and Steven Rosenbaum
- Energy: Regulatory
- Energy: Regulatory - Recommended Lawyers: James Dean, William Massey, and Richard Meserve, and Mark Perlis
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Example: To find Covington’s representative matters, news, and insights related to product liability and mass tort defense class actions, take the following steps:
- Begin on the Product Liability and Mass Tort Defense practice page
- On the section labeled Use Menu Below to Filter Matters and Results, click the arrow next to Litigation and Investigations under the Practices heading
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