‘The best firm for renewables work bar none.’ Norton Rose’s ‘lawyers pride themselves on staying ahead of market trends’ and ‘demonstrate understanding of the technical aspects of transactions’. Legal 500, 2010
The depth of our solar experience allows us to be extremely efficient and provide the solar industry with a cost-effective service combined with up-to-the-minute market insights. The emergence of new technologies within the solar sector, falling capital costs and improved domestic incentivisation schemes demand the attention of investors and developers and confirm that solar energy is an essential component of the future energy mix.
Our team has market-leading experience in providing legal services to the solar industry, having acted on project financing transactions in Europe, MENA, South Africa, Australia and Asia and on fund raisings across the solar sector. Our specialist solar team combines the in-depth level of knowledge gained by closing a vast number of solar PV projects across the globe as well as our power team who are at the forefront of CSP projects.
Norton Rose is committed to supporting the global solar industry, including developments in PV technology and the funding issues which both governments and developers are facing. We aim to play a leading role in the move from the traditional markets of Europe to new markets such as Africa and Asia, as well as utility-scale projects. Working on projects which are “first in country” or “first in technology deployment” is not new for us, and we have a proven track record for bringing these types of projects to close.
We aim to be actively involved with all major proposed solar projects across the globe and are very excited about the prospect of large-scale deployment of CSP and PV solar projects in North Africa, South Africa, China, Australia and other countries within the global “sun-belt” and the impact these projects will have upon the future of global energy markets.
Deal structures and the approach of both sponsors and lenders have changed significantly since the first solar projects were financed and they are constantly evolving. In combination with our detailed understanding of global regulatory regimes and the commercial and legal approaches preferred by lenders and sponsors, we bring industry knowledge and extensive experience to each solar transaction with the aim of ensuring successful and timely financial close.
Energy & Natural Resources Team of the Year 2011 Legal Business Awards
Best Law Firm in Europe 2010 Renewable Energy Finance Environmental Finance and Carbon Finance magazines Annual Market Survey 2010
Legal Advisor of the Year 2009 Euromoney and Ernst & Young Global Renewable Energy Awards