Energy storage is of particular interest to large energy-intensive businesses, especially those who need to ensure electricity reliability and availability. For corporations operating in markets with unreliable grid infrastructure or in remote environments, it can also help eliminate the need to rely on backup generators which often run on diesel.
Our global team stay abreast of market trends and new developments, alongside the regulatory considerations and trends we believe energy companies, developers, investors and financiers should take into account when assessing energy storage projects.
We have worked with clients in connection with the financing, regulatory approval and development of solutions in the US, UK, continental Europe, Australia, Africa, Middle East and Asia and on new energy projects such as UKPN's Smarter Network Storage.
Our team not only track developments but actively engage with regulators on consultations and other policy design processes (both on our behalf and as industry leaders for our clients). We do this to ensure our transactions are focused not only on current opportunities, but also take into account what may come in the future.
Financial Services Regulatory Developments in ESG
ESG is high on the regulatory agenda. Businesses, governments, regulators, financial services firms and individuals all have a part to play in tackling climate change and this view is increasingly shared across society.
A Boost to Integrity in the Voluntary Carbon Market
The Integrity Council for the Voluntary Carbon Market launches the Core Carbon Principles for the Voluntary Carbon Market
EU scales up green subsidies: How to benefit from support for clean investments
On March 9, 2023, the European Commission (EC) adopted changes to its State aid framework to support its “Green Deal Industrial Plan for the Net-Zero Age” (the Net Zero Plan) presented in February 2023. The Net Zero Plan is part of the European Green Deal, which aims to make Europe the world’s first climate-neutral continent by 2050.
London office advises Citi on structuring first-of-its-kind B2B payment solution for renewables marketplace
Global law firm Norton Rose Fulbright has advised global financial services firm Citi on structuring, in collaboration with Hokodo, a new B2B payment solution for renewable energy e-commerce marketplace Covento, which has been created by Vestas.
Paris team advises lenders in an innovative borrowing base facility to support Gunvor’s carbon trading activities
Global law firm Norton Rose Fulbright advised MUFG bank (MUFG) and Natixis Corporate and Investment Bank (CIB) and two other international lenders, in the signing of an uncommitted borrowing base facility of up to €240 million to support trading activities on the European Union Emissions Trading System (EU ETS).
Warsaw team advises PGE Polska Grupa Energetyczna on PLN 2,3bn sustainability-linked financing
Global law firm Norton Rose Fulbright advised PGE Polska Grupa Energetyczna, on PLN 2,3bn (€490m) ESG financing.
Warsaw team advises fund managed by Sienna Private Credit on a holdco financing
Global law firm Norton Rose Fulbright advised Sienna Private Credit on a holdco financing provided to a Polish borrower in relation to construction of a 35 MW wind farm in Poland. The construction of this wind farm is also financed by PKO Bank Polski as senior lender.
Warsaw team advises Bank Gospodarstwa Krajowego on financing construction of wind farm sponsored by Budimex
Global law firm Norton Rose Fulbright advised Bank Gospodarstwa Krajowego on financing construction of 7 MW wind farm sponsored by Budimex.
Warsaw team advises banks on PLN 866m (€ 180m) financing construction of Poland's first large-scale hybrid solar-wind project with a capacity of over 200 MW
Global law firm Norton Rose Fulbright advised consortium of banks comprising ING Bank Śląski, PKO Bank Polski and mBank on PLN 766m (€ 163m)senior secured financing for the purpose of constructio...
Energy Transition Services
We are committed to helping our clients evolve and thrive as the world changes and would be delighted to discuss how we can help you.