Morocco,South Africa,Australia,China,Hong Kong SAR
China,Japan,Korea,New
Zealand,Singapore,Thailand,Austria,Belgium,Czech
Republic,Denmark,Finland,France,Germany,Hungary,Ireland,Italy,Luxembourg,Netherlands,Norway,Poland,Portugal,Romania,Slovak
Republic,Spain,Sweden,United
Kingdom,Argentina,Chile,Mexico,Peru,Bahrain,Oman,Qatar,UAE,Canada,Puerto
Rico,United States
Helping power and utilities companies to transform and
grow
Global demand for power generation and access is
growing exponentially. The sector continues to undergo
transformation and innovation. We advise in all
aspects of power and utilities, across complex matters
involving market volatility, cost pressures,
increasing regulation, energy security, grid
connectivity, integrating new power sources, and
consumer expectations.
Power and transmission is a huge growth area,
presenting vast commercial opportunities together with
risks. 770 million people worldwide do not have access
to electricity. Achieving full access by 2030 will mean
connecting almost 100 million people every year in
addition to significant investments on transmission
lines.
We can support your business in all aspects of this
complex sector, including the development, construction
and financing of power projects, matters relating to
transmission and distribution networks, interconnectors,
wholesale and retail electricity, and regulatory
frameworks and reform. We also advise all sides in
transactions, financings and disputes.
Combining a commercially-focused approach with sector
specific insight, legal skills and local knowledge, we help
you to address the many issues that are involved in any
large-scale power scheme.
Combining a commercially-focused approach with sector
specific insight, legal skills and local knowledge, we
help you to address the many issues that are involved in
any large-scale power scheme. We are experienced in the
project finance, corporate and regulatory matters
required to go from conception to execution.
In transactions, we have extensive experience in
guiding clients through the acquisition and sales of
single site power plants and portfolios, as both seller
and purchaser. In renewables, we provide commercially
astute advice to purchasers, developers, equity
investors, sellers, funders, offtakers and
corporates.
We also have extensive grid and regulatory experience.
As many power initiatives connect to the grid through a
tertiary connection, our advice and guidance helps you
to manage the risks.
Our global coverage means we have power and utilities
teams based in the Americas, Africa, Asia Pacific,
Europe and Middle East. We can help you to adopt new
technologies, business models and capabilities wherever
you are in the world.
Awards and recognition
Experience
Advising National Grid Interconnectors on the
treatment of financial and physical transmission
rights under MiFID II and FSMA, as well as on
network user compliance and KYC procedures under the
EU Network Codes.
Advising Brazilian power company Eneva S.A. in its
acquisition of the 1.5 GW combined-cycle gas-fired
Porto de Sergipe Power Plant in Brazil for an
implied enterprise value of USD2.16
billion.
Advising Greencoat Capital in the acquisition of a
majority equity interest in the owner of two US wind
farms from EDP Renewables. The portfolio includes
the Bright Stalk and Harvest Ridge wind farms, both
located in Illinois, which have a combined capacity
of 405 MW.
Advising an infrastructure fund on a 1.4 GW
electrical interconnector linking UK and French
power transmission systems.
Advising SUSI Partners A.G. on the execution of a
Framework Agreement with Biwo Renovables S.A. for
the purchase, development, construction, operation
and maintenance of a portfolio of power plants,
including PV solar and wind power plants, for
approximately 243.6 MW in total capacity in
Chile.
Advising Softbank Energy in the negotiation of a
power purchase agreement with Maui Electric Company
for a 40 MW solar photovoltaic energy project paired
with a 160 MWh battery energy storage on Maui and
the subsequent sale of the Kamaole
Project.
Advising BASF on the sale of 25.2% of the Hollandse
Kust Zuid offshore windfarm in the Netherlands to
Allianz. When fully operational in 2023, Hollandse
Kust Zuid will be the largest subsidy-free offshore
wind farm in the world. We had previously advised
BASF on the acquisition of 49,5% of
Vattenfall’s stake in the project, and the
financing of the construction of the wind farm
provided by a club of international
lenders.
Advising BP North America in the sale of a
portfolio of operating wind projects in Texas,
including structuring of auction and preparation of
sales agreement and auction documents, preparation
of disclosure schedules and assistance with matters
related to PTC-qualification. Advising
Coöperative Rabobank U.A., Landesbank
Baden-Württemberg and Norddeutsche Landesbank
Girozentrale as the lenders to Highfield Solar
Limited on the financing of two separate solar
energy projects in Ireland with a total capacity of
282 MW.
Advising a US manufacturer in the evaluation of
options for on-site solar generation projects for
self-supply at multiple locations.