We advised Varco Energy HoldCo 1 Limited a wholly-owned subsidiary of Adaptogen Battery Storage LP, on its circa £58m project financing of a battery storage project portfolio consisting of two 57 MW project.
On 31 July 2023, the government issued a call for evidence on introducing Fixed Price Certificates into the RO scheme from 2027. You can submit your views until 9 October 2023.
The financing structure covers the first 540 MW of projects in the portfolio, and includes fully committed senior debt facilities and an equity bridge loan.
Five Senior Associates have been promoted to Counsel.
How will Ofwat’s introduction of Direct Procurement for Customers in the UK water sector impact competition and innovation in the market?
With the introduction of the Energy Bill to Parliament in July last year, is it now time for UK regulation to catch up with the technology?
An overview of the EU’s plans for a pilot auction to boost hydrogen production in Europe.
Under the new ownership structure, CREDITAS will assume ownership of all InterGen’s UK sites as well as its growth projects.
The article looks at the key takeaways for energy companies in relation to the tax changes announced in the UK Government’s Autumn Statement 2022.
This is TEPCO’s first major venture outside of Japan into the offshore wind markets in the UK and internationally and represents a significant step in its plans to deliver clean renewable energy and create a carbon neutral society.
The UK Energy Prices Bill 2022 survived the decimation of the Prime Minister’s mini-budget and is swiftly making its way through the legislative process. What is it proposing to do? Is it still needed? How can renewable generators prepare for its enaction into law? Read on to find out.
Nearly a year on from the publication of the UK’s Hydrogen Strategy in August 2021, what progress have we seen?