ATLANTA (April 5, 2010) – Sutherland Asbill & Brennan LLP advised Wolverine Power Supply Cooperative in its acquisition of Sumpter Plant, a 340-megawatt (MW), gas-fired peaking facility in southern Michigan, from FirstEnergy Generation Corp. The transaction closed March 31.
The Sutherland team was led by Energy and Environmental Partners Herbert J. Short, Jr. and Thomas H. Warren in Atlanta and included Energy and Environmental Partners Peter A. Fozzard in Atlanta, Daniel E. Frank and Kirstin E. Gibbs in Washington, D.C., and Michael S. Bradley in Houston; Real Estate Partner Michael G. Kerman in Atlanta; and Tax Partner W. Scott Wright in Atlanta. Other attorneys included Energy and Environmental Associates Ram C. Sunkara and Darryl F. Smith in Atlanta and Michael W. Brooks and Amy M. Matschekowski in Washington, D.C.; Corporate Associate Rebecca A. Gelfand in Atlanta; and Real Estate Associate Steven M. LaSota in Atlanta.
SUTHERLAND ASBILL & BRENNAN LLP
Sutherland Asbill & Brennan LLP is a law firm with global reach known for solving challenging business problems and resolving sophisticated legal issues for many of the world’s largest companies. Founded in 1924, the firm handles matters throughout the United States and worldwide. Seven major practice areas—corporate, energy and environmental, financial services, intellectual property, litigation, real estate, and tax—provide the framework for an extensive range of focus areas, allowing Sutherland attorneys to serve a diverse client base that ranges from small and medium-sized start-up businesses to a significant number of Fortune 100 companies.
Target and Acquirer name, nation, business description:
Acquirer: Wolverine Power Supply Cooperative, headquartered in Cadillac, Michigan, is a generation and transmission cooperative that provides wholesale electricity to six members in that state.
Target: Sumpter Plant of FirstEnergy Generation Corp., a diversified energy company headquartered in Akron, Ohio.
Date Deal Announced: December 17, 2009
Date of Completion (if applicable): March 31, 2010
Deal status: Closed
Which party firm advised: Wolverine Power Supply Cooperative
Advisory role: Legal Counsel
Deal Description or comments (if necessary): See above
Value (if disclosed): N/A