The Royal Decree-Law 23/2020, which approves measures in the field of energy and other areas for economic recovery entered into force on 25 June 2020. This article provides an analysis of the changes introduced and their effect on renewable energy projects.
Our construction experts tailor-make solutions that mitigate risk and help deliver successful energy, transport, real estate and infrastructure projects globally.
Economic development and rising living standards are driving investment in infrastructure around the world. Our international team provides a complete legal service, non-contentious and contentious, across the lifecycle of construction projects, from initial development and key commercial considerations through to contract management and dispute resolution.
We advise on projects in the Americas, Africa, Europe and Asia across our core sectors of Energy, Transport and Real Estate. By combining the commercial expertise we have acquired over years of working in these industries with technical excellence, we minimise risk and maximise business outcomes for our client.
Because we act for lenders, consultants, sponsors, contractors, developers, governments and local authorities, we have a 360-degree view of the needs and concerns of all parties involved in construction contracts, and this informs our balanced approach to drafting, negotiating, advising and advocating for and on behalf of our clients.
In addition to working with standard form construction contracts such as FIDIC, JCT and NEC3, we regularly create bespoke arrangements to ensure the successful delivery of the commercial aspirations of our clients. Utilising the complementary experience of colleagues in areas such as environment, health and safety and finance also ensures that our advice addresses all relevant considerations for construction projects.
FIND OUT MORE:
A seabed lease agreement for the project has now been signed with the Crown Estate, following the authority’s call for extension applications from 2017, which resulted in seven projects being approved.
As the construction industry prepares itself for the gradual return to the “new normal”, this note considers the lessons learnt from the last two months.