Hunton Advises on Rochester Gas and Electric Corporation’s $152.4M Tax-Exempt Bonds Remarketings
Hunton Andrews Kurth LLP acted as counsel to the remarketing agents for the remarketings of (i) $34 million aggregate principal amount of New York State Energy Research and Development Authority Pollution Control Revenue Bonds (Rochester Gas and Electric Corporation Project), 1997 Series A, (ii) $34 million aggregate principal amount of New York State Energy Research and Development Authority Pollution Control Revenue Bonds (Rochester Gas and Electric Corporation Project), 1997 Series B, (iii) $23.9 million aggregate principal amount of New York State Energy Research and Development Authority Pollution Control Revenue Bonds (Rochester Gas and Electric Corporation Project), 1997 Series C, (iv) $10.5 million aggregate principal amount of New York State Energy Research and Development Authority Pollution Control Revenue Bonds (Rochester Gas and Electric Corporation Project), 2004 Series A and (v) $50 million aggregate principal amount of New York State Energy Research and Development Authority Pollution Control Revenue Bonds (Rochester Gas and Electric Corporation Project), 2004 Series B.
Rochester Gas and Electric Corporation (“RG&E”) is a public utility company principally engaged in transmitting and distributing electricity and transport, storing and distributing natural gas. RG&E also generates electricity, primarily from its several hydroelectric stations. RG&E services approximately 393,700 electricity and 326,300 natural gas customers in its service territory of approximately 2,700 square miles. The service area contains a substantial suburban area and a large agricultural area in parts of nine counties including and surrounding the city of Rochester, New York with a population of approximately one million people.
The Hunton team included Peter K. O’Brien, Brendan P. Harney, Reuben H. Pearlman and Catherine I. Bulger.
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