Public-Private Partnership

• Client: Public-Private Energy Partnership
• Date: December 2007
• Location: Illinois

Summary:

Schiff Hardin assisted a public-private partnership with a carbon sequestration project. We assisted in evaluating competing sites for a first-of-a-kind coal-fueled, near-zero emissions power plant. The plant will use cutting-edge technologies to generate electricity while capturing and permanently storing carbon dioxide deep beneath the earth, also producing hydrogen and byproducts for possible use by other industries. The $1.5 billion project received significant national and international press coverage as pioneering a possible way to use coal for power while dramatically reducing air emissions of greenhouse gases as well as traditionally recognized air pollutants.

Attorneys in our Environmental practice group advised the client on Illinois environmental law, helping to guide it through legislative and regulatory processes and minimize other legal risks associated with the project. They also advised the client on numerous property, regulatory, tax and financing issues, including novel legal issues concerning the capture and permanent storage of a substance underground.