Moore & Van Allen Advises Tyr Energy on Refinancing of Hickory Run Power Plant

Moore & Van Allen (MVA) served as legal counsel to Tyr Energy in connection with the $265 million refinancing of the 1.034GW Hickory Run combined-cycle natural gas-fired power plant in Pennsylvania. The high-profile transaction was featured as the cover story in Power Finance & Risk, underscoring its significance in the energy finance sector.

The transaction included a $210 million term loan and a $55 million revolving credit facility, supporting one of the few conventional power financings completed in the Term Loan A market this year.

The attorneys who worked on this transaction include: Co-head of Corporate, Joe Fernandez, Financial Services Member, Sandra Lazorcheck, Corporate Associate Eddie Schultz and Financial Services Associates, Hunter Revord and Elvis Mugisha.