National Security and Investment Bill: the impact on energy and infrastructure
26 November 2020
On 11 November the UK Government published its ground-breaking National Security and Investment Bill.
The Bill will drastically expand the Government’s powers to scrutinise investment on national security grounds, and will require advance notification and clearance of many transactions in the energy and infrastructure sectors. The far-reaching scope of the new regime and the resulting administrative burden and transaction risk will inevitably have a significant impact on acquirers looking to invest in the UK in these sectors.
Our alert details the key features of the new regime and the impacts on the energy and infrastructure sectors.