Power Company Sale
- Client: NiSource Inc.
- Date: June 2008
- Location: Whiting, Indiana
Schiff Hardin attorneys represented NiSource Inc. in the sale of Whiting Clean Energy, Inc. to BP Alternative Energy North America, Inc.
Whiting Clean Energy owns a 535 megawatt natural gas-fired, combined cycle co-generation power plant located in Whiting, Indiana at the site of BP Product North America Inc.'s oil refinery. This transaction closed on June 30, 2008 for a total purchase price of approximately $210 million.
Our representation drew on the talents of attorneys from our Corporate and Securities, Real Estate, Energy, Environmental and Tax groups.