Eversheds Sutherland Coop Law Blog
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Arkansas PSC Approves New Environmental Controls for Coal Plant

The Flint Creek coal-fired generation plant in Arkansas will undergo a $408 million makeover to install air pollutant controls required by the Environmental Protection Agency.  The Arkansas Public Service Commission (PSC) approved the request made by Flint Creek’s owners Southwestern Electric Power Company (SWEPCO) and Arkansas Electric Cooperative Corporation.  Read more...

Arkansas Coop Extends $250 Million Syndication with CFC

Arkansas Electric Cooperative Corporation recently closed an Amend and Extend agreement with the National Rural Utilities Cooperative Financing Corporation (CFC), locking in current pricing and extending the maturity date of its $250 million credit facility to June 2016.  Both parties were pleased with the speed and efficiency of utilizing the Amend and Extend transaction, which was...

Two G&T Coops Seek Change in Rail Shipping Regulations

Arkansas Electric Cooperative Corporation (AECC) and Seminole Electric Cooperative, Inc. have joined other shippers in requesting that the federal Surface Transportation Board change rules related to switching carload freight between carriers.  The proposal, called reciprocal switching, would allow captive shippers, subject to certain conditions, to access a second carrier if their...

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