Hunton & Williams represents underwriters in Westar Energy, Inc.’s inaugural issuance of Green Bonds
Hunton & Williams LLP advised the underwriters on an SEC-registered offering by Westar Energy, Inc. of $350,000,000 aggregate principal amount of first mortgage bonds due 2026. An amount equal to the net proceeds of the offering will be used for investments in certain renewable energy generation projects, including the financing or refinancing of investments in wind energy power projects.
Westar Energy, Inc. provides electric generation, transmission and distribution services to approximately 700,000 customers in central and northeastern Kansas, including the cities of Topeka, Lawrence, Manhattan, Salina and Hutchinson. Kansas Gas and Electric Company, Westar Energy’s wholly owned subsidiary, provides these services in south-central and southeastern Kansas, including the city of Wichita.
The Hunton & Williams team included Peter O’Brien, Christina Kwon and Carney Simpson. Cary Tolley and Emily Winbigler provided tax advice.
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