Hunton Represents Pioneer Transmission, LLC in $102,300,000 Private Placement of Senior Notes

Hunton Andrews Kurth LLP represented Pioneer Transmission, LLC (“Pioneer”) in connection with its inaugural capital markets offering of $102,300,000 3.36% Senior Notes due October 1, 2049 in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended.

Pioneer is a joint venture formed by Duke Energy Corporation (“Duke Energy”) and American Electric Power Company, Inc. (“AEP”) to build and operate approximately 290 miles of 765-kilovolt (kV) transmission lines and related facilities in Indiana.  The project links Duke Energy's Greentown Station (near Kokomo, Indiana) with AEP's Rockport Station (east of Evansville, Indiana).

The Hunton team included Pete O’Brien, Adam O’Brian and Patrick Jamieson.