Eversheds Sutherland Coop Law Blog
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Tenaska and Associated Enter PPA for Wind Project

Nebraska-based Tenaska Inc. (Tenaska) has signed a power purchase agreement (PPA) with Associated Electric Cooperative Inc. (Associated) for a 236 MW wind project in northwest Missouri. The project is expected to be operational in...

Missouri City Approves Coop’s Power Plant Purchase Option

The City of New Madrid, Missouri, approved Associated Electric Cooperative Inc.’s (AECI) option to purchase a power plant prior to the expiration of an existing agreement between AECI and the city.  AECI will pay a total of $100 million over the term of the option agreement in order to acquire the city’s interest in the plant, with the first payment of $25 million due September 1 of...