Energy transactions

Energy transactions
Blake Morgan's lawyers have handled numerous high-profile acquisition and divestiture transactions in the oil & gas and wider energy sectors.
We understand the opportunities and challenges within the global energy market and our international expertise and sector knowledge makes us best placed to advise on even the most complex, cross border energy transactions.

With the introduction of new innovative technologies and changes to regulations, you need legal experts who are at the forefront of the sector and who understand what these changes means for your organisation. Our energy lawyers have broad and deep sector knowledge through the life-cycle of a power project from consenting, real estate issues and construction to government support mechanisms, grid connections, operations and health & safety, to decommissioning.

We understand that competitive markets and sector structures continue to evolve, that reliability issues and standards are high priorities for all industry stakeholders, and that Ofgem (the UK electricity regulator) has enhanced oversight and enforcement powers.

Our energy team also has a wealth of experience in assisting clients with a wide variety of joint venture type arrangements used in the industry in the UK and internationally. We utilise a range of ownership, operating and financing arrangements to get the best result for our clients. These include both ventures pursued through a joint venture company (incorporated JVs) and ventures undertaken though a contractual structure (unincorporated JVs). Our experience in procurement and state aid matters ranges from major energy infrastructure schemes to regional and community-based projects.

Renewable energy is another area of expertise for our specialists. Renewables have a crucial role to play in the UK's energy mix and are vital in delivering the long-term security of supply, a reduction in emissions to slow down the effects of climate change, and cost stability and certainty. Our energy experts are supported by specialists in areas such as environmental, regulatory and planning law to ensure that you receive the highest quality legal advice.

Main areas of practice

Working not just nationally, but internationally from our offices in London and across the UK, our energy lawyers have deep knowledge of industry practice spanning the energy chain. In particular, we advise on:

  • Acquisitions & divestitures
  • Project development & construction
  • Oil & gas E&P
  • Petroleum licensing and PSCs
  • Joint ventures and JOAs
  • Farm-ins /-outs                       
  • LNG/FLNG projects
  • Pipeline operations
  • Transportation and processing
  • Conventional power generation
  • Renewables projects
  • Tidal power
  • Energy from waste / biomass
  • Feed-in tariffs (FITs)
  • Communal heating
  • Public-Private Partnerships (PPPs)
  • Energy finance in the debt and capital markets

Significant experience

  • Advising on the Uskmouth Power Station: 850MW CCGT power station development - Development of a major new gas fired power station, including appointment of consulting engineers, procurement, land acquisition, ash disposal, Electricity Act section 36 application, terms for appointment of EPC and LTSA contractor, gas and electricity connections.
  • Advising on the London Energy Efficiency Fund ("LEEF") and Scottish Partnership for Regeneration in Urban Centres (“SPRUCE”): These are JESSICA funds which invest in infrastructure projects involving energy efficiency. We have advised both funds on state aid and ERDF compliance issues relating both to individual projects and to the funds themselves.  
  • Advising Tidal Lagoon Power on land ownership and property matters related to their planned £1.3BN pathfinder Swansea Bay Tidal Lagoon project.
  • Advising a UK bank on a £5.23 million loan to refinance expenditure incurred in the construction of 4 wind turbines.
  • Advising a government backed SME loan fund on development of fund and investment documentation for community renewable energy projects including developing a set of flexible lending templates for use by the fund in lending to renewable energy projects. These addressed construction and technical issues as well as payment and hypothecation of energy incentive payments.
  • Advising Cube Housing Association on its £5M investment in a district heating network for multi-storey stock at two of its estates
  • Advising the London Borough of Enfield on their £6 Million investment in the Lee Valley Heating Network
  • Advising on the design and installation of c1.2MW of solar photovoltaic systems across 43 housing stock sites owned by the London Borough of Greenwich
  • Advising London Borough of Hackney on its £4.6M investment in a communal heating upgrade for ten blocks of social housing within the Borough
  • Advising St George’s Healthcare NHS Trust on a £13 Million investment to support the Trust’s 15-year Energy Performance Contract with British Gas

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Related expertise