Energy Law360 provides breaking legal news and analysis on the energy sector. Coverage includes litigation, policy developments, and corporate deals involving oil and gas companies, energy utilities, alternative energy providers, and energy-related mining companies.
Canadian asset management firms have recently plowed billions of dollars into U.S. renewable energy companies, upping a bet on the American clean energy sector's long-term growth despite the Trump administration's singular focus on fossil fuels, experts on both sides of the border say.
The U.S. Securities and Exchange Commission on Wednesday filed accounting fraud charges against oil and gas producer Penn West Petroleum Ltd., saying that three of its former executives orchestrated a multiyear scheme that gave off a rosier than reality impression of Penn West’s financial condition.
A French, private equity-backed medical diagnostic equipment manufacturer could sell for €2 billion or more, KKR will rake in £1.4 billion through the sale of its stake in a Norwegian software company, and Halliburton has its eye on a U.S. oilfield equipment supplier backed by billionaire George Kaiser.
President Donald Trump’s pick to be the top environmental law official at the U.S. Department of Justice faced skeptical Democrats on a Senate panel on Wednesday, with Kirkland & Ellis LLP partner Jeffrey Bossert Clark fielding questions about his private practice and views on climate change.
SunEdison Inc. reached a major milestone on Wednesday as a New York bankruptcy court approved a $32 million settlement between the green energy giant and its unsecured creditors, putting its restructuring case on track to be wrapped up within a matter of months.