Traditional
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, including coal, oil and gas fired generation, 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. All these factors make this an exciting industry to work in, and one that requires its advisers to have sector–specific knowledge backed up by a global resource capability.
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.
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News: 07 JANUARY 2020
A&O rounds off 2019 with stellar performance in global M&A league tables
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.
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News: 18 DECEMBER 2019
Allen & Overy advises Palisade on its acquisition of Snowtown 2 Wind Farm
Allen & Overy has advised Palisade Investment Partners (Palisade) on its acquisition of the Snowtown 2 Wind Farm from Tilt Renewables.
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Publications: 01 MAY 2019
Belgium adopts legal framework on tenders for new offshore electricity production installations
On 4 April 2019, the Belgian Parliament adopted a law introducing a competitive bidding procedure to award domain concessions for new offshore wind farms. In addition to setting out a general framework for the competitive bidding procedure, the law aims to further reduce subsidies granted to offshore wind electricity production while recognising that new wind farms are essential to achieving Belgium’s renewable energy targets under its EU and international commitments.
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Publications: 25 JULY 2018
Government of Ontario terminates renewable energy contracts
On 5 July 2018, Ontario's Minister of Energy, Greg Rickford, issued an Executive Order to the Independent Electricity System Operator (IESO) directing it to "wind down" certain renewable energy contracts, which had been awarded under the Feed-in-Tariff (FIT) and the Large Renewable Procurement (LRP) programmes.
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