Hunton Andrews Kurth LLP advised the underwriters on an SEC-registered offering by Consolidated Edison Company of New York, Inc. (CECONY) of (i) $450 million aggregate principal amount of its 5.15% Debentures, Series 2026 A due 2036 and (ii) $850 million aggregate principal amount of its 5.875% Debentures, Series 2026 B due 2056.
CECONY, a subsidiary of Consolidated Edison, Inc., provides electric service to approximately 3.7 million customers in all of New York City (except a part of Queens) and most of Westchester County, an approximately 660 square mile service area with a population of more than nine million. CECONY delivers gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and most of Westchester County. CECONY operates the largest steam distribution system in the United States by producing and delivering approximately 16,975 million pounds of steam annually to approximately 1,485 customers in parts of Manhattan.
The Hunton team included Michael F. Fitzpatrick, Patrick C. Jamieson, Monika M. Dziewa, and Ryan Metz. Robert McNamara, William Freeman and David Kamins provided tax advice.