Energy Commodities & Trading
Troutman Sanders' attorneys have a long-standing broad range of experience in the trading and marketing of energy, commodity and financial products in both the United States and abroad. Our extensive knowledge and experience encompasses not only the trading and marketing of such products, but also the hedging and management of associated risks through swaps, options, futures and other derivative products.
Our clients include an expansive and diverse range of organizations, companies and institutions currently engaged in the global trading, marketing and hedging of energy and energy-linked commodities, swaps, options, futures, derivatives and other financial products. We have advised some of the world's most sophisticated energy marketing organizations in their marketing, trading, and procurement transactions, and risk management activities. Specific clients include large investor owned utility companies, independent power companies, interstate and intrastate pipeline companies, power transmission system operators, gas distribution companies, financial trading houses, financial institutions, energy industry trade associations, state owned and municipal energy companies, energy marketing partnerships and joint ventures, wholesale and retail niche players, risk managers and regional independent energy producers, private and public companies, private individuals, hedge funds and other institutions.
We have a great depth of experience in drafting and negotiating various trading and marketing arrangements for our clients in the energy sector, including the trading and marketing of GHG and carbon emission allowances and credits, as well as renewable energy certificates.
With the failures of several large financial institutions giving rise to various close mechanisms across several industry standard trading agreements, we have been counseling financial institutions and corporate end-users, and their respective subsidiaries, on their termination, netting and other close-out rights under their agreements.
On the regulatory front, we have been actively advising our clients with respect to the Dodd-Frank Act and the regulations being promulgated thereunder, by providing up-to-date guidance as the rulemaking process continues under many of the Titles to the Dodd-Frank Act.
Whether your company is a major trading company, a new entrant in the rapidly growing and complex renewable energy marketing field, an established player in the physical or financial markets looking to expand or diversify, an end-user exploring newly available options to realize energy cost savings or a company looking to hedge risks in the marketplace, the market offers many opportunities, but many risks as well. Troutman Sanders has the experience and resources to advise you in these areas today, and to help you chart your course for the future.