Alerts

• A cleaner decade: Asia Pacific renewable energy reference manualThe Asia Pacific region is an increasingly important market for renewable energy. Over the next decade, the manufacturing of products and equipment for the industry will increasingly shift to Asia.
• Cleantech investment and private equity: An industry surveyInvestment interest from the private equity and venture capital community in the cleantech sector has increased dramatically over the last few years.
• The future of world carbon markets: how critical is the U.S. role?Andrew Hedges recently participated in a seminar on U.S. climate policy developments affecting investment in Reduced Emissions from Deforestation and Degradation forestry projects in Brazil and Latin America.

Strength in energy

Tackling climate change

We have a market-leading climate change practice, are known for our profile in renewables and clean energy and have a well-established reputation in oil and gas. We advise energy providers, consumers and policy-makers on strategic development and transactions throughout the global markets. Our energy clients operate in some of the toughest environments in the world, and we are right there with them.

We deliver

• a dedicated, award-winning climate change and carbon finance practice with climate change specialists and “star individuals” in London, along the Beijing-Singapore-Tokyo axis, across Australia and throughout Europe
• 150+ energy specialists - many of whom have worked at major energy companies - who understand local market issues and know the business
• a global green economy team and innovators in renewable energy
• world-class oil and gas specialists with a 30-year presence in the Middle East and extensive expertise across Africa, central Asia and all the emerging markets
• experience in the financing of independent water and power plants, petrochemical projects and oil and gas fields
• market-leading expertise in Islamic finance
• guidance on MITs (including the Energy Charter Treaty), BITs and regulatory systems and controls
• advice on UK newbuild issues in the nuclear sector
• members of the ICDR’s Energy Arbitrators List and “leading individuals” in the resolution of energy disputes

Top tier

Climate change
Chambers Global 2010

Projects and energy: power
Chambers Global 2009

No.1

Legal advisor of the year
Euromoney
Ernst & Young Global Renewable Energy Awards 2009

Best law firm, Europe: renewables finance
Environmental Finance 2009

Power deal of the year
Renewables deal of the year (Europe)
Project Finance International 2008

Energy track record

In the last 12 months we have advised

• RWE on the acquisition of the Dutch utility company Essent
• the EU, the UK and Australian governments on climate change issues, and selected clients on developments at Poznan and Copenhagen
• the arrangers of facilities (£305m) for a portfolio of UK wind farms owned by Fred Olsen Renewables - an award-winning transaction
• the UK Crown Estate on the Round 3 Offshore wind farm tender - with a predicted capital investment of around US$100bn
• Gazprom on a carbon finance transaction involving Marubeni Corporation and the Japanese energy market
• JSC National Company KazMunaiGas on the establishment of a Dutch joint venture vehicle with China National Petroleum Company and the subsequent acquisition of a shareholding in AO Mangistaumunaigas, one of the largest Kazakh oil companies
• HSBC on the commercial refinancing for the US$1.86bn Sipchem Joint Acetyls Complex Project in Jubail -- a first in the Saudi projects market
• a leading Brazilian oil company on negotiations with China Development Bank for a US$10bn bilateral loan
• on the first large-scale facility to extract methane from Lake Kivu, a deep-water lake on the border of Rwanda and the DRC - a sustainable source of an estimated 100MW of natural gas-fired electricity to the east African region - and on the Kafue Gorge project in Zambia and other hydropower projects in Africa.

“Norton Rose has developed a projects practice defined by its exceptional breadth and depth of expertise” Chambers UK 2010