Terence T. Healey
TERENCE T. HEALEY represents clients on a variety of regulatory, enforcement, compliance and transactional matters involving the U.S. wholesale electricity and natural gas markets. Terence has extensive experience representing clients in regulatory and investigations proceedings before the Federal Energy Regulatory Commission (FERC), the North American Electric Reliability Corporation (NERC) and multiple state energy regulatory agencies. Terence regularly advises energy traders and marketers on physical and financial wholesale power transactions, mergers and asset acquisition approvals, regional energy market rules and tariff requirements, power purchase and sale agreements, and issues related to the design and operation of wholesale energy and capacity markets. Terence also advises energy companies, marketers, financial institutions, private equity funds and institutional investors and advisors on regulatory requirements under the Federal Power Act, the Natural Gas Act, the Public Utility Holding Company Act, and the creation and implementation of robust compliance programs.
Prior to joining Sidley, Terence practiced at an international law firm focusing on regulatory and commercial issues in the areas of public utility and energy law. Earlier in his career, Terence was a judicial intern for the Honorable George O'Toole of the U.S. District Court for Massachusetts, and as an intern for the Honorable Walter J. Skinner of the U.S. District Court for Massachusetts.
Terence’s recent experience prior to joining Sidley includes:
- Advised client in securing regulatory approvals and related licensing requirements associated with the acquisition of a portfolio of wind-powered electric generation facilities and related interconnection facilities.
- Secured necessary approvals and provided associated energy regulatory advice related to client’s acquisition of multiple coal-fired electric generation facilities.
- Provided regulatory advice regarding client’s sale of its U.S. portfolio of physical and financial commodity transactions.
- Advised client on regulatory issues associated with its acquisition of a physical energy and commodities business.
- Provided regulatory advice to major financial institution related to tax-equity investments in renewable generation facilities.
- Successfully defended multiple energy companies involved in non-public FERC enforcement investigations related to their participation in the wholesale electricity markets.
- Co-author, “FERC Enforcement: The Pit and the Pendulum,” The Electricity Journal (April 2013).
- Co-author, “Energy Commodities: The Netherworld Between FERC and CFTC Jurisdiction,” The Futures & Derivatives Law Report (February 2013).
Terence is a member of the Energy Bar Association and American Bar Association.