Norton Rose advises on South Africa’s Renewable Energy IPPProcurement Programme
13 December 2011
Advising successful bidders across wind, solar PV and solar CPS projects.
International legal practice Norton Rose Group has advised successful bidders to South Africa’s Renewable Energy IPPProcurement Programme (RE IPP) spanning wind, solar PV and solar CSP projects.
A team from Norton Rose Group’s Johannesburg, Cape Town, Durban, London and Abu Dhabi offices represented a number of the recommended preferred bidders to the programme, including three wind projects, 10 solar PV projects and both successful solar CSP projects.
The recommended preferred bidders for the first bid window were announced by the department of Energy of the Republic of South Africa (DoE) on 7 December at the COP17 conference in Durban.
Julian Jackson, co-head of Norton Rose South Africa’s energy practice, said: “This announcement represents a significant and exciting milestone in the development of South Africa’s energy strategy. In light of this landmark announcement, we are confident that the future for renewables projects, and IPPs more generally, in South Africa is bright. To have come this far in the process demonstrates real skill, dedication and know-how on the part of the international and local sponsors and developers and their financiers and funders.”
Simon Currie, global head of energy at Norton Rose Group, commented: “As a global practice we were able to put forward integrated international teams from across South Africa, London and Abu Dhabi to advise bidders to the programme. The scale of our energy practice has enabled us to field a team of 19 partners specialising in banking and finance, construction, projects and renewables, and almost 40 lawyers in total.”
A total of 2,209MW remains to be allocated in the remaining phases to all technologies to make up the total allocation of 3,625MW earmarked for the RE IPP process.
For further information please contact:
Jane Lougher, PR manager, Norton Rose LLP
Tel: +44 (0)20 7444 2063; Mob: +44 (0)7595 886 200
Candice Collins, communications specialist, Norton Rose South Africa
Tel: +27 11 685 8630; Mob: +27 79 892 9369
Norton Rose Group is a leading international legal practice offering a full business law service to many of the world’s pre-eminent financial institutions and corporations from offices in Europe, Asia Pacific, Canada, Africa and the Middle East, and, from 1 January 2012, Latin America and Central Asia.
The Group’s lawyers share industry knowledge and sector expertise across borders to support clients anywhere in the world. The Group is strong in financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and pharmaceuticals and life sciences.
Norton Rose Group has more than 2600 lawyers operating from 40 offices in Abu Dhabi, Amsterdam, Athens, Bahrain, Bangkok, Beijing, Brisbane, Brussels, Calgary, Canberra, Cape Town, Casablanca, Dubai, Durban, Frankfurt, Hamburg, Hong Kong, Johannesburg, London, Melbourne, Milan, Montréal, Moscow, Munich, Ottawa, Paris, Perth, Piraeus, Prague, Québec, Rome, Shanghai, Singapore, Sydney, Tokyo, Toronto and Warsaw; and from associate offices in Dar es Salaam, Ho Chi Minh City and Jakarta.
Norton Rose Group comprises Norton Rose LLP, Norton Rose Australia, Norton Rose OR LLP, Norton Rose South Africa (incorporated as Deneys Reitz Inc), and their respective affiliates.