Most public electric utilities have a large, diversified portfolio of real estate assets, including fee-owned power plants and substations, electrical transmission and distribution right-of-way corridors, leased commercial buildings, and undeveloped surplus lands. To meet the public’s demand for reliable electrical power, electric utility personnel are called on 24/7 to enter and work in a seemingly unlimited variety of different environments and situations. This program focuses on some of the unique real estate issues frequently encountered by electric utilities in conducting their operations. Specifically, this program (1) addresses the challenges of conducting underground utility work at contaminated Brownfields redevelopment sites and how to minimize potential environmental risks and liability exposure, (2) provides tips and tricks on how to address title issues that may arise when acquiring land and easements located in rural areas, and (3) a discussion regarding how to protect rights in unused corridors.
David W. Berry, Smith Anderson, Raleigh, N.C.
Matthew D. Rhoad, Smith Anderson, Raleigh, N.C.
Sharita M. Whitaker, Smith Anderson, Raleigh, N.C.