Eversheds Sutherland Coop Law Blog
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SEEM Members Submit Filing for Proposed Advanced Bilateral Market Platform

The Southeast Energy Exchange Market (SEEM) members recently filed with the Federal Energy Regulatory Commission for the approval of an automated, intra-hour energy exchange that aims to lower costs to customers and optimize renewable energy resources. The new SEEM platform will facilitate sub-hourly, bilateral trading, allowing participants to buy and sell power close to the time the...

Associated Electric Cooperative Inc. to Purchase 236.5 MW of Wind Power from Enel Green Power

Enel Green Power’s new Missouri wind farm, set for construction in the second half of 2019, will provide all of its power to Associated Electric Cooperative Inc. The new power purchase agreement expands Associated’s portfolio of contracted wind sources to eight.

Tenaska Closes Financing for Missouri Wind Project

Tenaska recently closed on $302 million of financing for the development of a 242 MW wind project to deliver power to Associated Electric Cooperative, Inc. The project is expected to enter commercial operation in late 2019 and will provide new jobs in the Northwestern Missouri region.

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 2020.

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...