Publication
Arbitration trends in the Middle East: What to expect in 2024 and beyond
The last several years have seen rapid growth in the Middle East.
Global | Publication | October 2019
Corporate Power Purchase Agreements (Corporate PPAs) with renewable energy projects, are increasingly providing a mutually beneficial contracting strategy for corporates and generators alike.
Corporates around the world are increasingly demonstrating leadership in tackling climate change – often looking to reduce the impact of their own operations on the environment. Renewable energy procurement is a key focus, with initiatives such as RE100 exemplifying the cross-sectoral engagement of corporates globally.
At the same time, renewable developers are looking to find solutions to the challenges faced in recent years. In regions such as Europe, government subsidy schemes for renewable generation have been reduced or removed. In the US, developers face the step-down and eventual phase-out of valuable tax incentives. Seeking to mitigate the risk of wholesale power market price volatility in order to secure debt finance, developers are looking to find a contracted revenue stream for their projects.
Corporates have a variety of options to meet their individual climate and sustainability policies, including adopting efficiency measures, imposing sustainability measures on supply chains and service providers, utilizing green electricity supply tariffs and purchasing renewable energy certificates of origin. Corporate PPAs, which provide for the direct purchase of power from renewable energy projects, however, are emerging as one of the most popular solutions.
We have been working on Corporate PPAs across the globe for a number of years, acting for sellers, buyers and lenders. We have leading market experience in key markets such as the United States, Europe and Australia. We are also at the forefront of the development of these transactions in new markets such as Latin America and Asia. Our global team will keep you up to date on the latest developments in the sector.
To help our clients stay up-to-date with the latest developments and trends, we have created a Corporate PPA hub as part of our NRF Institute, consolidating insights, publications and events from our global Corporate PPA team.
To request access to our Corporate PPA hub please register to join NRF Institute.
Registration indicates acceptance of the terms and conditions which include important information about how our product will be delivered.
Members of NRF Institute can access a range of premium content including knowledge hubs and cross-border guides.
Publication
The last several years have seen rapid growth in the Middle East.
Publication
On May 14, 2024, Lena Haffner, Innovation Lead Germany at Norton Rose Fulbright, shared her insights on “How do you make a law firm AI ready?" at Legal Revolution 2024, one of Europe’s leading conferences in legal innovation and technology. Her lecture focused on developing a comprehensive roadmap for integrating AI into law firms, emphasizing the importance of developing a robust AI strategy and fostering an innovation-ready culture. Key topics covered in the lecture included strategic planning, skills development, multidisciplinary teamwork, and strong AI governance.
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