In spite of the tragic events in Japan in 2011, nuclear power is still recognised in many countries as an essential part of the energy supply mix in order for governments to reduce carbon emission and improve energy security.
Given the scarcity of nuclear new builds until very recently, there are very few law firms who can lay claim to a credible track record in this very specialised sector.
Allen & Overy provides pioneering advice on a broad spectrum of issues that encompass the entire lifecycle of these assets, for example, the establishment of new laws governing nuclear regulation, development, consenting, environmental and planning process, through to the construction, financing, operation, maintenance and ultimately their refinancing or sale. We are at the forefront of the nuclear energy market, advising debt funders (including banks, bond arrangers, ECAs, DFIs and multilaterals), sellers and acquirers (on M&A transactions), sponsors, corporates (including large vertically integrated utilities), governments, equipment suppliers, manufacturers, engineers and nuclear fuel miners and processors on market leading projects and transactions globally. These transactions are supported by our specialists in areas such as environmental law, regulatory, tax and planning.
News & insights
Publications: 18 MARCH 2020
The Court of Appeal of England and Wales has upheld the High Court’s verdict in Kadie Kalma & ors v African Minerals Ltd & ors  EWCA Civ 144. This is an important case for businesses exposed to human rights risks through their reliance on third parties, particularly state security forces, in relation to their operations abroad. The finding in this appeal confirms the limits on the circumstances in which a company can be held liable for harms caused by such third parties.Read more
Publications: 18 MARCH 2020
On 4 March 2020, the European Commission (the Commission) published a draft EU climate law, along with inception impact assessments for an EU carbon border adjustment mechanism and revisions to the Energy Taxation Directive.Read more
Publications: 06 MARCH 2020
In December 2019, as part of the European Green Deal1, the European Commission committed to reviewing the Non-Financial Reporting Directive 2014/95/EU (NFRD). The objectives of this review are two-fold: first, to improve disclosure of climate and environmental data by companies to better inform investors about the sustainability of their investments and, second, to give effect to changes required by the new Disclosure Regulation2 and the forthcoming Taxonomy Regulation.3Read more
News: 07 JANUARY 2020
A&O has marked the end of Q4 2019 with a stellar performance in the M&A league tables; the result of advising on a number of complex, high-value transactions in a wide range of sectors and markets, around our global network in 2019.Read more