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Credits

Sponsored by Lorman Education
Only registered attendee will receive continuing education credit.
Product ID: 406450
 
Credit & Course Provided by:

Electric and Gas Utility Mergers and Acquisitions

Live Webinar
October 29, 2019
1:00 pm ET (12 pm CT, 11 am MT, 10 am PT)
1 hour 30 minutes
Live Webinar$219Register Now
Can't Attend?   Audio & Reference Manual$219Add to Cart

Gain an understanding of regulatory diligence for utility transactions and less well-known regulatory requirements.

Utility mergers and acquisitions generally do not follow the same structure and process as mergers and acquisitions in other sectors. Because of the oversight and regulation that utilities are subject, any merger or acquisition must be structured in a way that accomplishes their corporate objectives and satisfies the regulatory regime that they are subject. This topic will discuss the deal structures that are utilized for utility mergers and acquisitions and will examine the language used in the various provisions that are specific to utility mergers and acquisitions. Additionally, many utility M&A or asset purchase transactions require federal and state regulatory approvals that must be obtained prior to closing. Utilities and their assets are also subject to extensive regulation that may impact the transaction and its economics, necessitating diligence of complex regulatory issues. This information will identify FERC and state approvals for electric, natural gas, and oil transactions, provide an overview of regulatory diligence for transactions, and discuss less well-known or discussed regulatory requirements such as obtaining FCC approval for certain utility transactions.

Learning Objectives

• You will be able to discuss the differences between utility mergers and acquisitions and mergers and acquisitions in other sectors.

• You will be able to identify the elements of the key provisions of the principal merger or acquisition document that are specific to utility mergers and acquisitions.

• You will be able to describe the FERC and FCC regulatory approval processes that are required to consummate a utility merger or acquisition and the federal utility regulations that may impact the transaction.

• You will be able to recognize the regulatory approval processes of a variety of states and understand the key differences in such processes.

Registration

Live Webinar$219Register Now
Can't Attend?   Audio & Reference Manual$219Add to Cart