Phillip Oldham Quoted in Law360 on Future of Power

“$2.8B Duke Sale Promises More Merchant Power Exits”

Duke Energy Corp.’s recently-announced $2.8 billion sale of its Midwest merchant generation and retail businesses to Dynegy Inc. is the latest deal to signal a retreat by traditional utilities from the unregulated space, which experts say will spur consolidation in the merchant power sector and create more opportunities for private equity firms and other nontraditional power players.