Ashurst is a leading international law firm advising corporates, financial institutions and governments. Ashurst’s core businesses are in corporate, finance, dispute resolution, and the development and financing of assets in the energy, resources and infrastructure sectors.
Ashurst have 28 offices in 16 countries and a best-friend referral relationship with an Indian law firm. With over 400 partners and 1,700 lawyers in total, they offer the international insight of a global network combined with local market knowledge.
Ashurst lawyers are dedicated to and work exclusively in the renewables industry, and are regularly involved in advising on projects across the renewables sector:
- Solar (PV & CSP)
- Windfarms (offshore and onshore)
- Biomass, solid waste and biogas
- Hydroelectric and geothermal
Many of Ashurst’s lawyers have worked as in-house counsel for, or been seconded to, leading utilities companies and they have a thorough understanding of the renewables industry. In a sector where understanding the commercial aspects of a deal is vital, Ashurst lawyers have extensive experience of the renewables and power markets, the key stakeholders (whether sponsors, lenders, governments or contractors) and the documentation (commercial and financial).
Ashurst’s renewables experience includes project development, project financing, mergers and acquisitions, acquisitions, commercial agreements and dispute resolution, together with associated areas such as competition and regulation, tax, environment and international law. We have helped deliver some of the largest and most complex renewable deals in recent years.
Highlights of Ashursts’ lawyers renewable experience in MENA includes advising:
- ACWA Power International in relation to the development of the Ouarzazate concentrated solar independent power project (Noor 1) in the Kingdom of Morocco (Africa Solar Deal of the Year, Project Finance International Awards, 2013).
- ACWA Power International in relation to the development of the Noor II and Noor III CSP projects in the Kingdom of Morocco.
- Acting on behalf of a procurer in relation to a major waste to energy PPP in Kuwait.
- Lenders (including K-EXIM and Mizuho) in relation to KEPCO’s bid for the Fujeij Wind IPP in Jordan.
- Japan Bank for International Co-operation, NEXI, Mizuho Bank and Standard Chartered Bank in relation to the acquisition and financing of a Shams round 1 solar power project in the Kingdom of Jordan.
- The lenders supporting the Saudi Oger Limited and NGR Solar bid for the DEWA solar IPP in Dubai, United Arab Emirates.