Law.com Subscribers SAVE 30%
Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.
How Leasing Can Maximize Benefits in Wind Power Project Financings
Building wind farms is big business. The Global Wind Energy Council reports that wind power installations in 2010 represented $65 billion worth of investment, and expanded global wind energy capacity by 22.5%. From 2005 to 2009 the world saw an average annual increase in installed wind capacity of 27%, with a high of 32% in 2009. Those new wind farms helped boost renewable energy to account for fully one quarter of global power generation capacity in 2010.
A growing share of new wind projects are being built in developing countries, which are rapidly adopting pro-renewables policies. In 2010, China surpassed the United States in total installed megawatts (“MW”) of wind energy capacity. But even in the United States, where electricity demand fell during the 2008/2009 recession, aging power plants and a suite of policies that support a shift toward cleaner energy sources continue to drive investment in wind power. In 2008 and 2009, the construction of wind power projects in the United States added 8,500 MW and 10,000 MW, respectively, to our national electricity grid. That accounts for 40% of all new electricity-generating capacity to come online during that period; a bigger share than any other technology. In 2010, 5,100 MW of new wind power projects were constructed. Meanwhile, the size and complexity of projects increased, capped with the financial close on Dec. 16, 2010 of the largest land-based wind farm in the world ' the $1.3 billion, 813 MW Shepherds Flat project in Oregon.
The DOJ's Corporate Enforcement Policy: One Year Later
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
The DOJ's New Parameters for Evaluating Corporate Compliance Programs
The parameters set forth in the DOJ's memorandum have implications not only for the government's evaluation of compliance programs in the context of criminal charging decisions, but also for how defense counsel structure their conference-room advocacy seeking declinations or lesser sanctions in both criminal and civil investigations.
Use of Deferred Prosecution Agreements In White Collar Investigations
This article discusses the practical and policy reasons for the use of DPAs and NPAs in white-collar criminal investigations, and considers the NDAA's new reporting provision and its relationship with other efforts to enhance transparency in DOJ decision-making.
Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
Compliance Officers: Recent Regulatory Guidance and Enforcement Actions and Mitigating the Risk of Personal Liability
This article explores legal developments over the past year that may impact compliance officer personal liability.