Filing Announces New Generation of Mergers

Fortnightly Magazine - July 15 1996
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Report - Grid Investment for Medium & Heavy Duty EVs

Two utility merger lawyers at LeBouef, Lamb, Green & MacRae predict that the Federal Energy Regulatory Commission (FERC) will continue to receive many merger applications, though some will differ from the classic merger between neighboring utilities. Douglas W. Hawes and Samuel Behrends IV have filed comments in the FERC's merger rulemaking proceeding, recommending that the FERC implement "fast track" proceedings for the next generation of mergers.

Based on their merger practice, the attorneys warn the FERC to expect:

s Disaggregations, including disaggregations within a holding company, spinoffs to shareholders, and disaggregations coupled with mergers

s Mergers of electric utilities into gas utilities

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