Thorny issues of foreign ownership of U.S. energy infrastructure assets could arise in the recently announced partnership of RBS Sempra Commodities and the Abu Dhabi national energy Company, TAQA, which is seeking a stake of up to 10,000 MW in U.S. generating assets. An RBS Sempra executive told NGI last Monday the partners recognized the issue loomed and have filed with a multi-agency committee headed by the U.S. Treasury Department for a review of the partnership’s first deal, which was announced Dec. 10.
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RBS Sempra-Abu Dhabi Venture Seeks Treasury Review of Deal
Thorny issues of foreign ownership of U.S. energy infrastructure assets could arise in the recently announced partnership of RBS Sempra Commodities and the Abu Dhabi national energy Company, TAQA, which is seeking a stake of up to 10,000 MW in U.S. generating assets. An RBS Sempra manager told NGI Monday the partners recognized the issue loomed and have filed with a multi-agency committee headed by the U.S. Treasury Department for a review of the partnership’s first deal, which was announced last Wednesday.
December 17, 2008
Collaborative Process Has Pluses, Minuses for Gas Pipelines
Attorneys and executives that have used the collaborativeprocess to reach agreement on thorny issues prior to filinghydropower relicensing applications touted the benefits of theprocedures for the natural gas pipeline industry, but they stressedthat the time involved and even the costs in some cases can beoverwhelming.
November 9, 1998
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