Energy storage, particularly by battery, is a new and exciting field of development. Low-cost and large-scale storage could transform the power landscape. The implications are huge for the industry.
We provide a full-service legal solution for battery and storage assets to corporates, lenders, investors and regulatory bodies
Financing and development
Advising on some of the largest battery manufacturing and energy storage projects to date including drafting and negotiating the EPC, battery supply and operation and maintenance arrangements.
Advising on acquisitions and joint ventures in relation to these assets, including a recent US$1bn investment in the Northvolt battery storage project in Sweden.
Working on the other side of battery deals, negotiating aggregator and other route to market contracts for storage projects giving us an unparalleled insight into the issues and requirements of storage projects.
We have worked extensively on the trading side of storage deals: we have experience negotiating aggregator and other route to market contracts for storage projects across the UK and Europe – this has given us an unparalleled insight into the issues and requirements of storage projects.
We are heavily involved in the regulatory aspect of energy storage: we were involved in designing the amendments to the capacity market rules in the UK to accommodate storage and assisting industry players to lobby regulators in the UK and Europe to change regulations to accommodate storage – this gives us a good understanding of the requirements and shortcomings of regulations in this space.