Norton Rose Fulbright advises JG Pears on innovative biomass project

Business January 24, 2017

Global law firm Norton Rose Fulbright has advised JG Pears on the development and financing of a biomass plant providing heat and energy to its own animal rendering business.

The 43MWth thermal energy plant will burn a combination of poultry litter and meat and bone meal. It will also export its excess electrical power to the National Grid. 

The Norton Rose Fulbright team was led by Mark Berry and included Rob Marsh, Wasim Khan and Susan Dingwall (partners), Andrew Hedges (consultant), Tim Baines (of counsel), Jenny Waites, Katherine Lang and Bevan Peachey (senior associates) and Sonam Kathuria, Matt Hacking, Juliette Kelly and Martin Schneider (associates).

Mark Berry comments:

“This project represents an attractive investment in the renewables sector, particularly when compared to other biomass projects. It had in place a new insurance product designed to protect against the loss of incentive revenue in the event that the project did not complete commissioning within the incentive scheme specified deadline. We drafted and negotiated this policy together with Marsh and we see great potential for this new product, not just in the biomass sector but also where there are similar incentive revenue risks in other project sectors.”

Norton Rose Fulbright continues as a leading firm in the waste-to-energy sector. The team also recently advised Full Circle Generation Ltd on the development of a new £107m Energy from Waste (EfW) plant in Belfast and the Urbaser Balfour Beatty (UBB) consortium in relation to its contract with Gloucestershire County Council to build a waste-to-energy plant, which will process up to 190,000 tonnes of residual waste per annum.

For further information please contact:

Meeta Vadher, Senior PR Manager
Tel: +44 (0)20 7444 3097; Mob: +44 (0)7595 886 276
meeta.vadher@nortonrosefulbright.com

Notes for editors:

Norton Rose Fulbright is a global law firm. We provide the world’s preeminent corporations and financial institutions with a full business law service. We have more than 3500 lawyers and other legal staff based in more than 50 cities across Europe, the United States, Canada, Latin America, Asia, Australia, Africa, the Middle East and Central Asia.

Recognized for our industry focus, we are strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare.

Wherever we are, we operate in accordance with our global business principles of quality, unity and integrity. We aim to provide the highest possible standard of legal service in each of our offices and to maintain that level of quality at every point of contact.

Norton Rose Fulbright Verein, a Swiss verein, helps coordinate the activities of Norton Rose Fulbright members but does not itself provide legal services to clients. Norton Rose Fulbright has offices in more than 50 cities worldwide, including London, Houston, Toronto, Sydney and Johannesburg. For more information, see nortonrosefulbright.com/legal-notices.

 

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