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Isda and EEI collaborate on Power Annex

The New York-based International Swaps and Derivatives Association (Isda) and US trade body the Edison Electric Institute (EEI) published a North American Power Annex to the Isda Master Agreement in August.

Isda and EEI designed the Power Annex to facilitate the purchase, sale or transferof physical power products, Isda says. They developed it to enable market participantsto enter into physical power purchases and sales as well as financial derivativestransactions under one agreement. The Annex is structured to be consistent withEEI documentation in use in the North American power market.

Steven

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