Clarke, Peter D.

Current Employment Position(s)

Partner

Lawyer Overview

Peter Clarke has more than 30 years of experience representing the public utility industry, with a particular focus on corporate finance, disclosure obligations under the federal securities laws, corporate governance, and mergers and acquisitions. He chairs the Firm's Energy Practice.

Peter has represented utility clients in hundreds of corporate finance transactions, ranging from public and private offerings of debt and equity securities, exchange offers, tender offers, leverage leases, bank credit facilities, reorganizations, adoption of poison pills, acquisitions, dispositions, and mergers. Recently, he represented clients in the construction and ownership of high-voltage transmission lines, in the purchase of traditional fossil-fueled generating facilities, and in the development and ownership of wind farms. Representative clients include Xcel Energy, E.ON US LLC, OGE Energy Corp., and their respective utility and non-utility clients.

Peter also has served since 1997 as general counsel of OGE Energy. In this capacity he provides advice to the senior management and board of directors of OGE Energy and oversees all significant legal and regulatory matters affecting OGE Energy or its subsidiaries, including Oklahoma Gas and Electric Company, the wholly owned subsidiary of OGE Energy and the largest electric utility in Oklahoma.

Peter is a member of the ABA.

Areas of Practice

• Energy
• Capital Markets
• Banking & Finance
• Energy Finance
• Energy Transactions
• Project Finance
• Energy Regulatory
• Energy/Utilities

Representative Cases

• E.ON AG's U.S. subsidiaries obtain SEC approvals under PUHCA 1935
• KU Energy Corp merges with LG&E Corp.
• Laidlaw International issues $406 million of Senior Notes in a Rule 144 and Regulation S offering and public exchange offering
• Lehman Brothers issues $500 million of Senior Notes in a public offering by Southwestern Public Service Co.
• Lehman Brothers underwrites $400 million of Senior Notes in a Rule 144A offering by Enogex
• Lehman Brothers underwrites $517.5 million of Common Stock in a public offering by Xcel Energy
• LG&E acquired by Powergen for $3.3 billion
• LG&E establishes $125 million receivables securitization programs for utility subsidiaries
• LG&E obtains U.S. regulatory approvals under PUHCA for acquisition of Powergen by E.ON
• LG&E receives financing for combustion turbines
• Louisville Gas and Electric and Kentucky Utilities comply with requirements of Securities Exchange Act
• Northern States Power completes a public offering of $375 million of First Mortgage Bonds
• Northern States Power issues $150 million of 5.25% First Mortgage Bonds in a Rule 144A offering , (2009)
• Northern States Power issues $185 million of Public Income Notes in a public offering
• Northern States Power issues $450 million of 8.00% First Mortgage Bonds in a Rule 144A offering
• Northern States Power issues $69 million of tax-exempt Pollution Control Bonds
• Northern States Power issues $80 million of Senior Notes in a public offering
• Northern States Power merges with New Century Energies to form Xcel Energy
• Northern States Power obtains $375 million five-year revolving credit facility
• Northern States Power obtains 364-day syndicated credit facility
• Northern States Power replaces maturing 364-day syndicated credit facility
• OGE and Energy Transfer Partners propose $6 billion joint venture , (2009)
• OGE complies with requirements under Securities Exchange Act of 1934
• OGE Energy acquires interest in McClain power plant
• OGE Energy adopts shareholders' rights plan
• OGE Energy completes public offering of $115 million of Common Stock
• OGE Energy issues $100 million of 5.00% Senior Notes in public offering to finance the redemption of its Trust Originated Preferred Securities
• OGE Energy subsidiary, Enogex, issues $200 million of Senior Notes in a Rule 144A offering , (2009)
• OGE Energy subsidiary, Enogex, issues $250 million of Senior Notes in a Rule 144A offering
• OGE Energy subsidiary, Enogex, tenders for up to $150 million of Senior Notes , (2009)
• OGE purchases Redbud power plant from Kelson , (2009)
• OGE receives a $450 million five-year credit facility
• OGE works with Invenergy Wind to build Centennial Wind Farm , (2009)
• OGRE obtains $150 million credit facility
• Oklahoma Gas and Electric completes public offering of $140 million of 6.50% Senior Notes
• Oklahoma Gas and Electric issues $100 million of 7.125% Senior Notes in a public offering
• Oklahoma Gas and Electric obtains $100 million five-year credit facility
• Oklahoma Gas and Electric seeks bids for delivery of wind energy resources
• Powergen and subsidiaries comply with SEC requirements under PUHCA 1935
• Public Service Company of Colorado issues $250 million of First Collateral Trust Bonds in Rule 144A offering
• Public Service Company of Colorado issues $575 million of First Collateral Trust Bonds in a public offering
• Public Service Company of Colorado issues $600 million of First Collateral Trust Bonds in Rule 144A offering
• Public Service Company of Colorado receives credit facility
• Southwestern Public Service Company issues $100 million of Senior Unsecured Notes in Rule 144A offering
• Southwestern Public Service Company receives a $250 million five-year revolving credit facility
• Xcel Energy adopts and implements stockholders' rights plan
• Xcel Energy complies with requirements of PUHCA 1935 prior to its repeal
• Xcel Energy complies with requirements under the Securities Exchange Act of 1934
• Xcel Energy issues $100 million of Senior Convertible Notes in a private placement
• Xcel Energy issues $195 million of Senior Notes in a Rule 144A offering and follow-up registered exchange offer , (2009)
• Xcel Energy issues $230 million of 7.50% convertible senior notes in a Rule 144A offering
• Xcel Energy issues $600 million of Senior Notes in a public offering
• Xcel Energy purchases all outstanding public shares of NRG Energy
• Xcel Energy subsidiary Northern States Power proposes merger with Wisconsin Energy
• Xcel Energy undergoes $10 billion chapter 11 reorganization of its unregulated utility subsidiary, NRG Energy
• Xcel issues $57.5 million of Convertible Senior Notes in private placement

West Practice Categories

Banking & Finance Law, Business & Commercial Law, Commercial Banks, Commercial Leasing, Credit Unions, Debtor/Creditor, International Banking, Lending & Secured Transactions, Loan Workouts, Mortgages & Foreclosures, Public Finance, Savings & Thrifts, State & Municipal Bonds & Financing, Venture Capital

Bar Admissions

• Illinois

Education

• Indiana U - Bloomington (Main)
• U of Michigan - Ann Arbor

Address

77 West Wacker
Chicago, IL 60601-1692

Phones

1.312.269.1519 (Business Phone)

Faxes

1.312.782.8585 (Business Fax)

Emails

Contact Us (Business Email)

Websites

http://www.jonesday.com