Energy

The energy sector is experiencing a state of flux unprecedented in recent history. Major trends in the sector are continuing to alter the world's energy generation, consumption and efficiency. And opportunities are presenting themselves to the most innovative.

Whether you are an individual with investments in the energy sector or an organisation operating in this field, we have the sector knowledge to help you protect and further your interests.

Sector knowledge

Our lawyers have experience advising some of the world’s largest energy companies, governments and shareholders on acquisitions, contracts and disputes. Having advised on projects spanning the globe, we take the time to understand your objectives and work out the optimal strategy to achieve them. We understand the intricacies of the sector and the differences between countries that have to be understood.

Taking on the biggest opponents

The global energy sector means organisations and individuals have interests in multiple countries, with varying restrictions. Disputes can arise in relation to investments in energy projects, including with states and regulators. We have advised clients on the best way to conduct these disputes in cases across the world to make sure that their investment is protected, or that they are properly compensated for breaches of their rights.

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US corporate law news weekly: Maryland awards offshore wind energy credits


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Recognition

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I found Withers to be highly experienced and able to deal sensitively with complex divorce matters involving multiple jurisdictions, children, substantial assets, estate planning and multinational tax matters.  Having all of that expertise in one firm was efficient and effective in dealing with the other side’s solicitors and advisors.  I would certainly recommend Withers to anyone dealing with a high net worth, complicated divorce.

Retired Energy/Construction Executive
‘‘

We have worked with Farhana Siddiqui for the last 20 years on a variety of transactions from projects work, restructurings and finance and aside from her technical expertise as a lawyer, she is someone you want on your side of the table, tirelessly negotiating with a commercially viable solution for all parties

Muhammad Aziz Khan, Chairman - Summit Group of Companies

Meet the team

Track record

OMV Petrom

Our civil fraud team acted for the largest oil and gas company in Central and Eastern Europe, winning a $40 million settlement after a London court agreed that our client had been fraudulently sold a lower grade of crude oil than it believed it was purchasing from the commodities trader Glencore.

Public junior gold mining company in a transformational recapitalization

Acted for a public junior gold mining company in a transformational recapitalization (forcing the conversion of preferred stock and amending the terms of a joint venture to reduce the company's remaining obligations) that created a significantly more efficient capital structure and improved the company's liquidity.

Windfarm development

We advised a landowner on the lease of a UK site for the development of a windfarm consisting of 18 turbines.

€123.5 million loan to finance a hydroelectric power plant

We represented a multilateral agency on a €123.5 million loan to Hrvatska Elektroprivreda DD to finance the construction of a 68MW Ombla hydroelectric power plant at the Rijeka Dubrovacka Bay near Dubrovnik.

EPC contract advice to retro-fit coal fired power stations with 'green' technology

We advised an American specialist engineering contractor on EPC contracts to retro-fit existing coal fired power stations with 'green' technology. These contracts were based on various FIDIC, NEC3 and bespoke terms. We also offered additional advice on joint venture arrangements with other specialist contractors.

EPC contract advice for a waste-to-energy project

We advised a developer on an EPC contract to deliver a waste-to-energy project in London.

Construction and funding arrangements for rural anaerobic digestion facilities

We advised two developers in connection with their construction and funding arrangements for rural anaerobic digestion facilities. Both contracts required the preparation and negotiation of bespoke EPC contract terms, direct agreements and other supporting documents.

SGD$325 million project financing

In a SGD$325 million project finance for development of an aromatics plant in Singapore, our team acted as Singapore counsel to the bank syndicate.

Master Chem Oil Ltd for the financing and development of an oil receiving terminal

Withers has represented Master Chem Oil Ltd on a range of projects including the financing and development of an oil receiving terminal in the Black Sea, Romania, along with general advice on the company's financing arrangements.

Representation for €50 million worth of sustainable energy projects

Withers have represented a multilateral agency as lead international counsel on €50 million worth of sustainable energy projects. This representation included the securing of loans to companies in Albania, Serbia, Kosovo, Bosnia, Macedonia and Croatia for the development of hydro power plants, a biomass plant, and to support energy efficiency improvements.

Caspian Sea $20 million arbitration

Acting for a British Virgin Islands company in relation to a claim for the return of US$20 million due to it from a Turkish company following the non supply of shares in a Swiss company which owned an oil terminal on the Caspian Sea.

IPO for Hightex Group

Hightex Group is a UK, Swiss and German membrane and renewable energy company. Withers has acted for Hightex Group on their IPO on the AIM market. We have also advised Hightex Group on their reverse takeover of West 175 Media Group Inc., the acquisition of HighTex International (HTI) AG, and on the acquisition of SolarNext AG, a German company active in the solar and alternative energy sectors.

Ariston Thermo SpA acquisition of a UK distributor of boilers

Ariston Thermo SpA is one of the world's leading manufacturers of boilers, burners and solar thermal equipment, with a current turnover of €1.1 billion, they have 6,500 employees and are present in 10 countries with 18 production sites and distribute their products in over 150 countries. Withers have advised on the acquisition of a UK distributor of boilers on Ariston Thermo SpA's behalf.

Biofuels plant development

Withers have represented a developer of a biofuels plant in St Petersburg, Russia.

Azerbaijani oil company

We are advising an Azerbaijani oil company in a dispute relating to an off-shore drilling platform.

Republic of Croatia

We advised on a grant agreement between the Republic of Croatia and the International Bank for Reconstruction and development. This included advising on the project implementation agreement and overall financing structure in connection with a global environment facility trust fund grant for renewable energy projects in Croatia.

Feasibility, development and implementation of photovoltaic projects for AEE Renewables Plc

AEE Renewables Plc is a German-based integrated project developer of photovoltaic and hydro power energy systems. Withers has represented AEE Renewables on all aspects of the feasibility, development and implementation of its photovoltaic projects in Germany, UK and Turkey.

Clean energy opportunities and establishment of a resources and energy fund

Withers are currently working with one of the PRC's largest financial institutions on clean energy opportunities, including advising on the establishment of a resources and energy fund.

Enfinity Group's photovoltaic projects

Enfinity Group is a Belgian based fully integrated project developer, financier, operator and trader of photovoltaic and wind power energy systems. Withers are proud to have represented Enfity Group on all aspects of their photovoltaic projects, particularly in Italy.

US$32 million loan for the indirect acquisition of stakes in Indonesian coal mining company

We acted for Oceanpro Investments Limited as borrower on its US$32 million loan facilities from a major bank. This loan was used for the purpose of indirect acquisition of stakes in an Indonesian coal mining company, PT Kutai Bara Nusantara.

US$147 million mining project in Russia

We advised a multilateral agency on a US$147 million financing for a mining project in Russia.

Privatisation of the Scottish electricity industry

We advised on the privatisation of the Scottish electricity industry. This privatisation included the whole pre-IPO reorganisation, and hiving off of the Grid and the Nuclear industry.

Credit Suisse First Boston LLC

Represented Credit Suisse First Boston LLC, as an initial purchaser, in the underwritten Rule 144A private offering of US$25 million 10% Senior Notes Due 2012 of PetroQuest Energy, Inc.

India Ukraine arbitration

The awarding of an infrastructure contract in Ukraine to an Indian infrastructure company led us to work on an arbitration to deal with a dispute regarding the contract.

Global debt restructuring for PT Bumi Resources Tbk

Acting as lead counsel for PT Bumi Resources Tbk, which owns one of the largest coal exporters in the world, on its global debt restructuring. The value of this deal is more than USD$5 billion, making it one of the largest debt restructuring in Southeast Asia. This cross-border deal straddles legal and business issues in Singapore, Indonesia, USA, England and Wales.

Hydropower company disposes of commercial units valued at HK$330 million

Acted for the subsidiaries of a People's Republic of China (PRC) based hydropower company in the disposal of the strata title of commercial units in Wanchai, Hong Kong for a consideration of more than HK$330 million.

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