Power (excl. nuclear and renewables)

A global team with vast project experience across electricity, nuclear and renewables.

The electricity markets continue to undergo change driven by the green agenda, continuing global liberalisation, changing patterns of power usage and rapid industrialisation in many emerging markets. This results in significant structural change in developed economies and developing countries opening their doors to foreign investment.

Power consumers are often seeking increased efficiency in operations and asset utilisation. Power companies additional revenues from new geographic markets, multi-utility and non-utility operations. Meanwhile, the institutional infrastructure and debt industry looks for investable targets.

Our lawyers have advised on many power projects across the globe, acting for sponsors, debt providers, governments, regulators and power stations themselves. Our broad expertise covers contracts for differences, power purchase agreements, fuel supply agreements, licensing and setting up generating projects and distribution systems, electricity trading arrangements and power derivatives.

Our core services include:

  • Arbitration

  • Banking

  • Competition

  • Corporate

  • Debt Capital Markets

  • Derivatives

  • Emerging Markets

  • Energy

  • Funds

  • Government

  • Litigation

  • Planning and Environment

  • Project Finance

  • Real Estate

  • Tax

Our experience

AES Corporation

Acted as project counsel on the development and financing of the gas to power project at Kribi and on the Dibamba oil fired power project developed by AES and currently owned by Globeleq. We provide ongoing advice to the project companies on sector reform and other issues.

Mitsubishi and TEPCO, and the Project Company

Advising the sponsors and project company on the development and financing of the US$3bn Facility D 2,400MW / 130MIGD IWPP in Qatar, the largest project of this type in the Middle East to date.

Caisse de dépôt et placement du Québec (CDPQ)

Advising on its £644m acquisition of a major interest in the London Array, the largest offshore wind farm in the world.