IN THIS ISSUE

Canadian Income Funds

US power companies are looking at Canadian income trusts as a source of financing for acquiring distressed assets and cashing out existing projects in the United States...

Portfolio Financings of Wind Farms

Developers of wind projects in the US have been moving to portfolio financings this year as a way to recoup development costs and refinance construction and mini-perm loans...

Risk Allocation in UK Wind Projects

The United Kingdom government has committed itself to meeting 10% of UK electricity supplies from renewable sources by 2010 and aspires to increase this to 20% by 2020...

The Schwarzenegger Energy Policy?

Although Arnold Schwarzenegger only took office in California on November 17, it is not too early to speculate about the implications of the new regime for energy markets in general and the projec...

Russian Due Diligence

I have been working in Moscow for more than eight years, and I constantly have clients coming in, dropping a memorandum of understanding on the desk and saying, “Look, we have signed this great MO...

How the Patriot Act Affects Project Financings

Lawyers in the Chadbourne offices outside the United States have been asking when and how the USA Patriot Act might come into play in project finance transactions...

New VAT Rules in Europe

The European Council formally adopted new rules on October 7 for collecting value-added taxes on gas and electricity...

Financing Upstream Oil and Gas Projects in the CIS

There are many ways to raise financing for oil and gas projects in the CIS, the region that used to make up the Soviet Union...

FERC Bars Information Sharing with Affiliates

The Federal Energy Regulatory Commission issued final rules in late November that bar electricity and gas transmission companies from sharing inside information with affiliates...

Environmental Update December 2003

Mercury The US Environmental Protection Agency is expected to propose new rules in December that would limit mercury and nickel emissions from coal- and oil-fired power plants...