Verrill’s Energy Group represents energy developers, regulated utilities and other investors in all aspects of mergers and acquisitions.
From due diligence, to purchase and sale agreements, to regulatory approvals, to closing; our Energy Group provides all the services needed to take a merger or acquisition from start to finish.
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Emera's 2017 acquisition of Swan's Island Electric Cooperative required a multi-disciplined team of Verrill energy lawyers to successfully close the transaction. Because the seller was a member based cooperative, the transaction was structured as an asset purchase, rather than a stock purchase. This required a determination that the Cooperative had marketable title to hundreds of easements, many of which had been acquired by the Cooperative decades earlier. Upon investigation, the parties...