Skip to content
traditional hero image
traditional hero image


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

Wind turbines in a field at sunset

News: 27 February 2023

A&O advises bank syndicate on Finerge’s award-winning long-term infrastructure financing platform

Allen & Overy has advised a syndicate of banks in connection with the EUR 2.3bn long-term refinancing of Finerge’s (one of the largest renewable energy production companies in Portugal) portfolio of…

Read more
Lights from traffic blurred and moving over a bridge

News: 09 January 2023

Allen & Overy advises on the leveraged infrastructure acquisition financing of Cube Infrastructure Fund III's purchase of MVV Energie CZ

A&O announced today that it has advised Kommunalkredit Austria AG and Komerční banka, a.s., on the syndicated leveraged infrastructure acquisition financing of Cube Infrastructure Fund III’s purchase…

Read more
Towers with cables

Publications: 09 January 2023

The UK Electricity Generator Levy

Electricity Generation Levy Update.

Read more
Solar panels

Publications: 28 November 2022

Energy price caps and other emergency interventions in the electricity market in Poland in 2023

As a sharp increase in energy prices has been observed in recent months, the Polish Parliament, following the Council of the European Union, introduced a new emergency intervention in the electricity…

Read more