High on the agenda for governments and energy companies across the globe, the renewables boom is seeing unprecedented levels of growth and investment in wind, solar, hydro, marine and bio-fuel assets in both emerging and developed markets; causing fundamental changes in the operation of the electricity systems and markets.
As technology evolves, and costs lower, Government support through feed-in tariffs and other incentive programs is reducing, requiring investors to be more innovative and have a deeper understanding of the regulatory and risk context.
As the market has grown internationally, we have helped clients on first of a kind renewables projects in almost every jurisdiction and including those entering the renewables market for the first time.
As the market in intermittent renewables deepens globally, we continue to work with investors, Governments and regulators to address the challenges of decarbonisation, decentralisation and digitisation, designing novel legal structures to support asset development and financing in this key sector.
Our international team of sector experts provides cutting-edge, risk-focussed, pragmatic advice to assist our clients in navigating this changing landscape.
Kumpulan Wang Persaraan (a Malaysian pension fund)
Advising on its acquisition of a 45% shareholding in a group of companies owning a 365MW portfolio of 24 solar power plants across England and Wales from a subsidiary of EFG Hermes. The transaction marked Kumpulan Wang Persaraan's first non-real estate investment outside of Malaysia
Advising on the non-recourse financing of over 300MW of solar PV parks through multiple including detailed corporate, connection and electricity offtake due diligence and the negotiation of power offtake agreements to support the long term financing of these plants
Advising on the acquisition of interests in the Race Bank wind farm project and the Galloper wind farm
Copenhagen Infrastructure Partners
Advising on the acquisition and development of four biomass fuelled power plants in the UK, including through joint venture, with a total investment value of c£600 million together with the holdco refinancing of its interest in the first two operating plants
The Dutch Infrastructure Fund
Advising in relation to the planned divestment of a portfolio of renewable energy and infrastructure assets in Ireland, Germany and France