IN THIS ISSUE

New Energy Incentives

A package of new tax incentives for energy projects is taking shape in the US Congress...

Some Generators Are Owed Refunds

Some independent power projects may be owed refunds by utilities for amounts that the projects had to pay utilities for “network upgrades...

Banks May Face Unwanted Regulation If They Foreclose

Lenders to distressed power projects are wrestling with the problem that they may not be able to foreclose on the project assets or take control of the special-purpose entity set up to own the pro...

Argentina Relaxes Exchange Controls

New Argentine central bank regulations relax some of the foreign exchange controls that were instituted by the Argentine government at the end of 2001 and early 2002 to address the country’s econo...

FERC Signals Contracts Are Safe

A majority of commissioners on the Federal Energy Regulatory Commission suggested at a meeting in late March that the agency is unlikely to set aside contracts that independent generators and powe...

Current Issues in LNG Projects

Many people expect LNG projects to become an active area of project finance in the next several years.  Chadbourne hosted a well-attended workshop on the subject in Houston in February...

Insolvency Law Changes Affect English Law Deals

A new law that takes effect this summer will radically change the law relating to corporate insolvency in Great Britain...

Merchant Transmission Projects: Opportunity or Fantasy?

There is little incentive at the moment to build new power plants in the United States because of the amount of spare generating capacity...

Environmental Update - April 2003

Clean Air Act Competing proposals to impose stricter limits on air emissions from power plants are starting to take form in Congress...