Project Development

The Plexus firms understand all aspects of developing projects, such as power
plants, LNG terminals, drilling platforms, refineries, and waste-to-ethanol facilities.
The Plexus team works with your team to solve problems and close deals.
Representative Transactions

Mergers, Acquisitions, and Reorganizations

Plexus lawyers have advised clients in connection with major utility mergers,
including Enserch/Texas Utilities; Northeast Utilities/PSNH; and
PECO/Commonwealth Edison. Combining careful due diligence with strategic
analysis of existing financial and tax structures, Plexus lawyers have assisted
with numerous generation and transmission stock and asset deals and
transactions involving portfolios of assets.
Representative Transactions

Project and Asset Finance

Plexus lawyers have advised clients on non-recourse financings for projects
involving oil and gas, electricity, and synthetic fuels. They have experience in
leveraged and synthetic leases and pioneered stranded asset securitization.
Representative Transactions

Corporate Finance

The Plexus firms have substantial experience in public and private corporate
finance transactions in the energy sector. Clients include underwriters, issuers,
and purchasers in the full range of securities transactions, such as initial and
secondary public offerings, Rule 144A offerings, shelf offerings, high-yield debt
offerings, and private placements. The Plexus firms have experience in capital
restructurings, workouts, and the issuance of specialty instruments such as
royalty trusts.
Representative Transactions

Exploration and Production

Plexus lawyers work extensively on upstream transactions and understand the
unique nature of deepwater and offshore projects. They assist clients with
exploration and production transactions involving the financing, development,
production, transportation, and delivery of oil and natural gas throughout the
world.
Representative Transactions

Transportation and Processing

The Plexus firms have substantial experience in global transactions involving
the transportation, storage, and processing of natural gas and liquefied natural
gas utilizing a trading and marketing perspective. Their practices include
matters involving the purchase and sale of natural gas pipelines, gas gathering
and processing facilities, LNG processing and transportation, and underground
natural gas storage facilities.
Representative Transactions

Nuclear Power

Plexus lawyers have unique experience in nuclear energy law and assist clients
in all phases of licensing, construction, operation, and decommissioning of
nuclear facilities, and in acquisitions and dispositions of nuclear power facilities.
Plexus lawyers have been involved in the sale of several nuclear generating units.
Representative Transactions

Electric Industry Restructuring

Wholesale and retail electric restructuring has forever changed the energy
industry. The Plexus firms are positioned at the forefront of legal and regulatory
initiatives that have resulted in dramatic changes. Their work includes the
creation and implementation of an open access transmission tariff for New
England, the establishment of two independent system operators, and the
formulation of RTO proposals. Plexus lawyers have developed stranded asset
legislation and make daily filings with the Federal Energy Regulatory
Commission on industry restructuring matters.
Representative Transactions

Making Markets

Energy markets are converging and evolving. Plexus lawyers are industry leaders
in the development and structure of regional wholesale electric markets. They
represent the Gas Industry Standards Board and power marketers before the
Federal Energy Regulatory Commission. They have developed a web-based
retail energy market, established comprehensive documentation for trading and
marketing companies, and created sophisticated insurance and swap products
for market hedging.