Eversheds Sutherland is a strong port of call for major power supply corporations in the US, handling both domestic and cross-border transactions, joint venture partnerships, and commercial agreements. Led by a trio of practice heads, the team engages with a wealth of renewable assets, particularly solar, and also leverages its financing expertise to handle significant capital markets mandates. Herbert J. Short is the first of three team leads and is predominantly regarded for the financing counsel he provides to electric utilities and investment bankers. Thomas H. Warren handles the firm’s most consequential energy transactions, active on M&A, commodity deals and project development, while Cindy Upchurch is a key figure in the practice’s steady stream of banking and finance and capital markets work. Associate Alyssa Walker continues to be a crucial supporting presence on a wide array of client instructions, demonstrating notable activity in the renewables space. Further expertise was added through the arrival of Prem Malali from Nelson Mullins Riley & Scarborough LLP and Todd Silliman from Dentons in early-mid 2023, with the former quickly engaging with the firm’s solar and battery storage deals. Practitioners are all based in Atlanta.
Key clients
- Oglethorpe Power Corporation
- Wolverine Power Supply Cooperative, Inc. and Hoosier Energy
Work highlights
- Represented Oglethorpe in connection with the offer and sale of US$500 million first mortgage bonds in an exempt offering pursuant to Rule 144A/Reg. S with registration rights, and in the registration of US$500 million of the series 2022 A Bonds.
- Represented Georgia Transmission Corporation (GTC) in negotiating and documenting various financings, including the amendment, extension and upsizing of a bilateral US$425 million revolving credit facility with CoBank, ACB.