Loeb & Loeb LLP
Richard Lorenzo has over 30 years of experience in the energy industry, antitrust and complex litigation. Mr. Lorenzo has extensive experience in federal and state courts and at both the state and federal level, has been involved in every type of regulatory proceeding, from rate cases to rulemakings to prudence investigations involving over $10 billion in assets. He successfully defended Central Maine Power Company in a suit filed by FPL Energy Maine to void its $850 million contract to purchase CMP’s generation assets.
Mr. Lorenzo has also been actively involved in FERC's enforcement authority, including its antimarket manipulation and reliability rules. He was a key player in FERC's RTO, transmission pricing and other competitive market initiatives. Mr. Lorenzo has worked on projects involving all types of transmission and generation, including coal, gas, hydro, wind and nuclear. He was at the forefront of FERC's successful effort to unbundle the natural gas industry through Orders 436, 500 and 636.
Recently, he successfully tried three state rate cases for a multijurisdictional utility and was lead counsel in a major FERC matter involving the allocation of transmission enhancements. The latter required him to manage a dozen co-parties, while coordinating the FERC action with state matters.