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Clifford Chance

Clifford Chance

Renewable energy

Growth of renewables is essential for energy transition

Renewable power will be needed on a massive scale to reach net zero, making the development and financing of the full range of renewable technologies a critical part of the global energy transition.

Our Global Renewables Group advises across all renewable technologies, including established technologies like offshore wind. We are active in both developed and emerging markets and advise on the full spectrum of transactions and issues relevant to the sector.

  • Offshore wind (floating and fixed)
  • Onshore wind
  • Solar (pv and concentrated)
  • Battery storage
  • Biomass and biofuels
  • Geothermal
  • Hydropower

Recent client highlights

  • Hollandse Kust Zuid Offshore Wind Farm, the Netherlands: Advised Vattenfall in relation to the sale of a 49.5% stake in the 1.5GW offshore wind farm, the largest offshore wind farm in the world once commissioned.
  • NNG, Hornsea I and East Anglia I offshore wind farms, UK: Advised lenders, developers and co-investors in the leading UK offshore wind transactions.
  • Al Dhafra Solar Project, UAE: Advised the lenders on the landmark project financing of a 2GW solar plant in the Al Dhafra region of the UAE. Once constructed, the project will be the largest PV power project in the world to date. MENA Renewables Deal of the Year 2020, IJGlobal Awards.
 
 
  • Murra Murra Stage II Wind Farm, Australia: Advised Partners Group on the AU$180 million investment in Victoria's Murra Murra Wind Farm. Australia Green Deal of the Year 2020, PFI Awards.
  • Eni wind farm and solar acquisitions, Spain: Advised Eni on the agreement with Azora Capital for the acquisition of a portfolio of nine renewable energy projects in Spain.
  • Pan-Asian Solar PV and wind portfolio acquisition: Advised Global Infrastructure Partners on its acquisition of the Equis Energy portfolio of renewable power projects (approximately 11GW in total including assets in development stages) located across Asia Pacific, including solar PV assets in Japan – the largest global renewables portfolio sale ever. Asia Pacific M&A Deal of the Year 2018, IJGlobal Awards.

 
  • Cerro Dominador solar project, Chile: Advised a syndicate of lenders in respect of the multi-tranche, multi-currency financing to be provided to a subsidiary of EIG for the development of the US$1.6 billion Cerro Dominador solar project. Upon completion, this will be the first CSP project in Latin America. LatAm Renewables Deal of the Year 2018, PFI Awards.
  • Solar PV, Vietnam: Advised on a number of large scale solar PV project financings in Vietnam, including acting for the Asian Development Bank on the financing of the 257MWp Phu Yen solar PV power plant in Hoa Hoi, Phu Yen Province, Vietnam, one of the largest operating PV plants in Southeast Asia.