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Forecast demand for energy in the medium to long term, driven primarily by population growth and the need to replace ageing assets, means that thermal power still has an important part to play in the global energy mix.

Thermal power, may also see its future share of the energy mix increase as carbon abatement and sequestration technologies move from demonstration projects to full commercial viability.

Allen & Overy provides pioneering advice on the entire lifecycle of these assets, from the consenting and planning process, through to the construction, financing, operation, maintenance and ultimately their refinancing or sale. We are at the forefront of the traditional power generation market, advising debt funders (including banks, bond arrangers, ECAs, DFIs and multilaterals), sellers and acquirers (on M&A transactions), sponsors, corporates, suppliers, manufacturers and governments on market leading projects and transactions globally.  These transactions are supported by our specialists in areas such as environmental, regulatory, antitrust, tax, employment and planning law. 

News and insights

Water droplets on glass

Publications: 04 April 2024

Morocco Green Hydrogen Offer - key takeaways

The Morocco Hydrogen Offer (the Offer) finally landed on 11 March 2024. It was much expected by the developers and the investors.

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nuclear power plant steaming against a blue sky and green grass in the foreground

Publications: 27 March 2024

Nuclear energy: ambitious plans, complex challenges in the Netherlands and abroad

The Dutch government recently announced its intention to build four new nuclear power plants by 2040, as part of its strategy to achieve climate neutrality by 2050 and reduce its dependence on natural…

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Sun shining on skyscrapers

Publications: 20 September 2023

Webinar: The FERC (Inter)Connection

In this webinar, our team discusses FERC’s recent Order No. 2023, the long-awaited final rule reforming the nation’s generator interconnection processes. 

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Ornate architectural columns against a cloudy blue sky

Publications: 17 April 2023

The energy community tax credit – IRS provides investors with certainty

The Internal Revenue Service issued Notice 2023-29 (the “Guidance”), which provides helpful guidance for energy projects seeking to evaluate whether they qualify for enhanced tax incentives under the…

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