April 12, 2016
Partners Robert Freedman and Patricia Hammes (both New York-Project Development and Finance) and counsel Donna J. Bobbish (Washington, DC-Project Development and Finance) wrote an article for Corporate LiveWire’s Expert Guide: Opportunities & Developments – East Coast USA 2016 titled “Natural-Gas Fired Electric Generation in PJM, ISO-NE & NYISO Lead the Way for Project Finance in First Part of 2016; Renewable Projects Receive Encouragement.”
Despite the continuing low oil and natural gas prices, the project finance pipeline for new, large-scale natural gas-fired electricity generation projects appears robust in the northern east coast United States, in part due to record-level retirements of coal-fired electricity generation facilities in the region, along with revisions to the capacity market structures in NYISO and PJM. Development of renewable energy projects in the region is also anticipated to grow due to climate and energy policies adopted at the end of 2015.
View full article on East Coast Project Finance for Natural Gas-Fired Electricity Generation and Renewable Energy Projects.