Latham & Watkins Advises on Nevada Power Company’s US$300 Million Notes Offering
On February 3, 2025, Nevada Power Company, a US-regulated electric utility company serving 1.0 million retail customers primarily in the Las Vegas, North Las Vegas, Henderson, and adjoining areas, closed its offering of US$300 million aggregate principal amount of 6.250% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2055.
Latham & Watkins LLP represented the underwriters in the offering with a corporate team led by partners Erika Weinberg and Greg Rodgers, with associates Sofia Sitterson and Amanda Farrish. Advice was also provided on tax matters by partner Bora Bozkurt, with associate Farrah Yan.