Foley Partners James Tynion and Jason Allen were quoted in an article that appeared in Platt’s Electric Utility Week on September 6, 2010 titled “Exelon touts wind projects purchase as move to be ‘least carbon intensive’ big utility.” They discuss Exelon’s plan to buy John Deere Renewables’ wind farm portfolio for $900 million in a transaction where Foley served as legal advisor to Exelon. The attorneys state that the Deere acquisition could become a trend over the next five years, adding that it makes sense for renewable developers who reach a certain size to sell to private equity funds or utilities.
