Decommissioning, abandonment, rehabilitation and end-of-life strategies
Be it oil rigs, mines, power plants or wind turbines, the process of transformation that a productive asset undergoes upon the end of its life cycle has never been under more scrutiny.
Despite being referred to as “abandonment” in legislation, and more commonly “decommissioning” in conversations, savvy oil and gas companies are these days focusing on how to re-use, repurpose or recycle late-life assets, for example by using depleted fields for carbon storage or unused pipelines for hydrogen supply.
We are perfectly placed to advise on the myriad issues connected to decommissioning and repurposing. We have years of experience in the upstream industry and in advising on transfer of late-life assets and allocation of liability. We combine this with our understanding of the advances in technology and the multiple strategies and opportunities available.
Our in-depth knowledge of the regulatory regimes and incentives in different jurisdictions, and our ability to work collaboratively with other trusted advisors to truly understand the economic and political drivers behind each decision ensures our global team of specialists, from a variety of practice areas and sectors, can support you at every stage of your project.
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.
Cross-border team advises Infinity Power on Lekela Power acquisition
Global law firm Norton Rose Fulbright advised Infinity Power in connection with its acquisition of the entire shareholding of Lekela Power (Lekela), an Africa based wind power platform, from a consortium led by Actis and Mainstream funds.
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...
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