February 9, 2021

Client Alert: FERC Seeks Comments on Requiring New Financial Assurance Measures for Hydroelectric Projects

FERC recently issued a Notice of Inquiry (“NOI”) on financial assurance mechanisms for hydroelectric projects. In particular, FERC is considering whether to require additional mechanisms to ensure that licensees have the financial resources necessary to be able to safely operate and maintain their projects and to respond to unanticipated events. The NOI identifies three potential financial requirements: a bond...