Hunton Andrews Kurth Represents the Underwriter on New York State Electric & Gas Corporation’s Tax-Exempt Bond Offering

Hunton Andrews Kurth LLP acted as counsel to the underwriter for the offering of $67.21 million aggregate principal amount of National Finance Authority Pollution Control Refunding Revenue Bonds (New York State Electric & Gas Corporation Project) Series 2022A (the “Bonds”). The Bonds were issued by the National Finance Authority to refund $70 million aggregate principal amount of Pollution Control Revenue Bonds (New York State Electric & Gas Corporation Project), 2004 Series B issued by New York State Energy Research and Development Authority.

New York State Electric & Gas Corporation (“NYSEG”) is a public utility company principally engaged in transmitting and distributing electricity and transporting, storing and distributing natural gas. NYSEG also generates electricity, primarily from its several hydroelectric stations. NYSEG serves approximately 914,000 electricity and 272,000 natural gas customers in its service territory of approximately 20,000 square miles, which is located in the central, eastern and western parts of the state of New York and has a population of approximately 2.5 million. The larger cities in which NYSEG serves electricity and natural gas customers are Binghamton, Elmira, Auburn, Geneva, Ithaca and Lockport.

The Hunton Andrews Kurth team included Peter K. O’Brien and Brendan P. Harney. Chris Kulp provided tax advice.