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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 & insights

Panoramic view of a forest

Publications: 11 May 2022

Clean hydrogen projects in the EU

The EU has published ambitious goals for the ramp-up of a fully functional hydrogen economy.

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Wind turbines and solar panels

News: 05 April 2022

A&O advises InfraRed on investment in North American renewables portfolio

A&O announced it acted as counsel to InfraRed Capital Partners (InfraRed) on its acquisition of an equity interest in a 665 MW portfolio of renewable energy assets from ENGIE North America (ENGIE).…

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hydrogen drop

Publications: 31 January 2022

Emerging technologies: Hydrogen, storage and more

In November 2021 partners Jennifer Wnek and Sam Kamyans moderated a panel of experts discussing cutting-edge technologies, including storage, carbon capture, and hydrogen, with a focus on financing in…

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City, sun reflecting from the glass buildings

Publications: 19 June 2020

European Commission targets foreign subsidies causing market distortions

As part of a broader effort to reshape the EU’s trade policy, the European Commission (EC) proposes to expand its toolbox to tackle foreign subsidies undermining the level playing field in the EU’s…

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