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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

Aerial view of wind turbines in the countryside

Publications: 05 August 2022

Liberalization of the distancing rules for onshore wind farms in Poland

Polish government approves act loosening the distancing rules for onshore wind farms.

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image of pipelines

News: 26 July 2022

Allen & Overy advises energy group Uniper on EUR 15 billion stabilisation package

Allen & Overy LLP advised the listed energy group Uniper SE (Uniper) on substantial elements of a stabilisation package with a total size of EUR 15 billion, which was agreed between Uniper, the German…

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Wind turbines

News: 21 July 2022

Allen & Overy advises MASEN and EDF Renouvelables on repowering of the Koudia Al Baida wind farm

Allen & Overy has advised the Moroccan Agency for Sustainable Energy (MASEN) and EDF Renouvelables on the financing of the repowering of the Koudia Al Baida wind farm, located in the region of Tlat…

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Sun shining through electricity tower

Publications: 13 July 2022

The FERC (Inter)connection: PJM files for and FERC issues proposed reforms of the interconnection process

June was an interconnection milestone. On June 14, PJM Interconnection, L.L.C. (“PJM”) filed a “comprehensive reform” of the interconnection process set forth in its Open Access Transmission Tariff…

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