Latham Advises on Sierra Pacific Power Company d/b/a NV Energy’s US$600 Million Notes Offering

Sierra Pacific Power Company d/b/a NV Energy has priced US$600 million aggregate principal amount of 6.375% Fixed-to-Fixed Reset Rate Junior Subordinated Notes, SPPC JSN Series 2026A, due 2056. The offering closed on March 9, 2026.

Latham & Watkins LLP represented the underwriters in the offering with a Capital Markets team led by partners Erika Weinberg and Greg Rodgers, with associates Robyn Sablove, Ari Anderson, Samantha Pannone, and Matthew Locastro. Advice was also provided on tax matters by partner Bora Bozkurt, with associate Farrah Yan; on environmental matters by partner Gary Gengel, with associates Tal Carmeli and Gina Kwon; and on energy regulatory and markets matters by partners Tyler Brown and Patrick Nevins.