Legal insights into the global eMobility market
Global | Publication | September 2020
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As the digital transformation of the energy market continues, the distinctions between the energy, transport and technology markets are becoming more blurred, as are those between sub-sectors within the energy market. The areas where this trend is most apparent are:
- smart technology for electric vehicles, in particular electric charging infrastructure
- distributed energy resources such as rooftop solar
- the integration of variable renewable energy resources
- smart demand response, in particular the development of smart grids and smart homes
- battery storage
In all these areas we are at the forefront of developing legal solutions for clients investing in emerging new asset classes and technologies.
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 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...
Warsaw team advises mBank on financing construction of Cyranka PV project sponsored by ONDE
The Warsaw team advised mBank on financing construction of 18 MWp Cyranka PV project sponsored by ONDE. Cyranka PV project is located in Giżycko commune in Poland and is in final stages of construction process,
Iraq and Turkey both claim victory in the Iraq-Turkey Pipeline arbitration but the future of Kurdistan’s oil and gas sector remains unclear
In a long-awaited decision, the Tribunal in a Paris-seated ICC arbitration has ordered the Republic of Turkey (Turkey) to pay the Republic of Iraq (Iraq) approximately USD 1.5bn and to suspend the loading and export of crude oil from Kurdistan transported through the Iraq-Turkey Pipeline (ITP).