Hydrogen is one of the most talked about technologies as a potential driver to decarbonize the energy system. The end uses for hydrogen are multiple and include applications in the industrial sector, transport and heating, as well as in the power sector.
The development of hydrogen production capacity, storage and transportation markets will be important if large-scale, international hydrogen value-chains are to emerge.
We are one of the leading international legal practices helping clients navigate both the opportunities and the challenges of developing hydrogen projects. Our in-depth industry knowledge across oil and gas, power and renewable energy is a huge advantage for us when assisting clients in emerging technologies such as hydrogen, where it is becoming clear that project structures, methods of financing, and the contracts are all based on existing models in which we are well-versed.
We are trusted by our clients to deliver first-in-jurisdiction and first technology projects. We offer our clients creative legal solutions to difficult business problems by benchmarking technology deployment across different jurisdictions. We have a thorough understanding of the structures, risk profiles and complex regulatory regimes that are critical to the success of closing ground breaking, multi-faceted hydrogen transactions around the world.
Energy transition newsletter
Issue 2 – February 2023
EU scales up green subsidies: How to benefit from support for clean investments
On February 6, 2024 the Council of the EU and the European Parliament agreed a provisional version of the Net-Zero Industry Act (NZIA), which is now expected to be formally adopted by the end of April 2024.
UK Energy Act 2023: Summary of the provisions relating to hydrogen
Introduction of the revenue support business models for both low carbon hydrogen projects and carbon capture and storage (CCS) projects are some of the key measures provided in the Energy Act 2023 (the Act). In this fourth briefing in our Energy Act analysis series, we consider the provisions which are designed to stimulate growth of the hydrogen economy in the UK. We will address CCS separately in a future briefing.
The details of the renewable and low-carbon hydrogen production financial support schemes are becoming clearer
In 2023, there are several major developments and breakthroughs in the hydrogen sector at both national and European level.
Hydrogen industry update in Australia
The recent announcements of funding rounds and the release of State Bills -and policies regulating hydrogen and its related activities.
Turkey webinar series 2023
In this webinar, our international team from Norton Rose Fulbright share their extensive knowledge on hydrogen issues.
Norton Rose Fulbright advises mBank on financing construction of 98 MWp PV portfolio sponsored by Sunly
Global law firm Norton Rose Fulbright advised mBank on financing construction of 98 MWp PV portfolio sponsored by Sunly.
Norton Rose Fulbright advises BNP Paribas Bank Polska on financing construction of 32.7 MW PV portfolio sponsored by R.Power
The Warsaw office advised BNP Paribas Bank Polska S.A. on the financing construction of 32.7 MW photovoltaic projects portfolio sponsored by R.Power S.A.
London and Luxembourg offices advise Powen Group and Brookfield on first combined-portfolio European solar securitization
Global law firm Norton Rose Fulbright advised Powen Group, a portfolio company of Brookfield Asset Management, on a pioneering bank-funded securitization of Spanish solar assets, up to a value of EUR120m.
Cross-border team advises on first-of-its-kind parallel restructuring
A cross-border team advised a committee of secured creditors on the first-of-its-kind restructuring of international shipping company Vroon, which completed on June 12, 2023.
Citi advised 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).
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