Renewable

As the switch from carbon based-generation to renewables gathers pace around the world the power sector is producing an ever greater volume of opportunities. This has allowed supply chains to scale up, particularly in the wind and pv solar sectors, and thereby reduce the cost of deploying renewable generation technology. Coupled with a general continued trend towards power-market liberalisation throughout the world this is leading to greater competition and greater market complexity. Meanwhile, developing countries and even the oil producing Gulf states are discovering the benefits of renewables and encouraging foreign investment in this sector so that the renewable energy sector is continually expanding and evolving.

The effects are wide reaching. Companies, increasingly driven by their consumers to acquire green credentials, look for corporate PPAs and to issue green bonds. They are also increasingly looking for efficiency in operations and asset utilisation which will often have a renewables component.

Many institutional investors and infrastructure funds are investing both debt and equity in the renewable sector with many new names becoming substantial power generators shifting the balance in the sector away from traditional power and energy companies .

Our lawyers have advised on all aspects of the renewables revolution. We act for sponsors, private sector debt providers, funds, governments, regulators, contractors, operators, ECAs and DFI/IFI debt providers. Our broad expertise covers every kind of finance, construction, turbine supply and operation contracts, contracts for differences, power purchase agreements, fuel supply agreements, licensing and setting up generating projects and distribution systems, electricity trading arrangements and power derivatives.

We also advise on bilateral investment treaties and dispute resolution in the energy sector.