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Performance Bonds – Call Me?

On-demand performance bonds are commonly used in international energy construction projects. They take the form of an undertaking by an issuing bank or financial institution, on behalf of an obligor, typically the contractor, to pay on demand a specific amount to a named beneficiary, typically the employer. Read the factors that an employer should consider when deciding whether to call a bond.

Looking Ahead With Erin Chancellor

In this episode of the Environmental Law Monitor, host Daniel Pope is joined by Erin Chancellor, the interim executive director of the Texas Commission on Environmental Quality (TCEQ). Can you tell us a little bit about what the transition from...

Department of Energy Seeks Public Input on Implementation of $760 Million Transmission Siting Grant Program

On January 13, 2023, the Department of Energy (“DOE”) launched its Transmission Siting and Economic Development (“TSED”) Grants program, which will provide $760 million in investment authorized by the Inflation Reduction Act (“IRA”) to support states and local communities in...

Co-location, Co-location, Co-location

UK grid constraints and delays to new grid connections are forcing sponsors to look at maximizing existing grid connections via BESS and renewables project co-location. Bracewell’s Ro Lazarovitch, Nicholas Neuberger and Sam Phillips outline the corporate structures being employed in co-located projects and their pros and cons to bankability.

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