Project Finance Group Of The Year: Orrick

Law360, New York (January 22, 2013, 8:58 PM EST) -- When the country’s largest power provider, the Tennessee Valley Authority, sought financing for its cleaner energy goals in an unyielding climate of federal budget constraints, Orrick Herrington & Sutcliffe LLP worked to devise an unusual lease purchase structure to help secure a $1 billion financing deal, landing it among Law360’s Project Finance Groups of the Year. 

The electricity provider was seeking ways to finance a power program geared toward cleaner energy by 2020, but while staying under its $30 billion federal limit on its debt issuances...
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