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Introduction to Plexus
The shape and structure of energy markets have evolved dramatically over the past decade with the rise and then fall of merchant energy companies and the more recent refocus on physical assets. Around the country, regulatory changes to increase competition in markets for natural gas and electricity are being scrutinized and re-evaluated and the pace of deregulation has noticeably slowed. At the same time, the upsurge in commodity prices and uncertainty of regulatory approval for LNG, wind, clean coal, and other non-traditional power sources have created markets where opportunity exists but the future is difficult to discern and new market entrants, particularly hedge funds and investment banks, have emerged as important players in the physical and financial energy markets. With the repeal of previous statutory constraints, mergers are occurring at an unprecedented pace resulting in companies with a geographic scope that dwarfs what was previously the norm.
Helping you navigate a complex energy environment
In this environment, a sophisticated understanding of the emerging financial, contractual and regulatory issues is essential – from exploration and production to transportation and distribution, to energy trading and project development. The magnitude and complexity of major acquisitions, divestitures and financings involving power generation and energy-related assets require expertise and resources that even the largest law firms often find difficult to staff with experienced attorneys. PLEXUS was created to provide the depth, diversity, experience, and resources required to effectively serve clients in the new energy economy.
Collective strength, independent integrity
Ballard Spahr; Jackson Walker; and McMillan each value the culture, diversity, and independence of their own firms. The firms have not formed a partnership or other legal entity, and each firm remains solely responsible for the quality of legal services provided by its personnel. At the same time, we recognize the extraordinary talent and strength our collective resources offer to our energy clients. PLEXUS is an alternative model to which the three firms have committed.
We have established among ourselves a collaborative style enabling us to offer highly coordinated project teams for complex energy transactions. As a cooperative initiative, PLEXUS offers clients the very best that each of our three firms has to offer, including our commitment to providing superior legal services.
The PLEXUS firms together offer the energy industry unsurpassed depth, talent, and experience.
