A round-up of regulatory changes by Simon Lovegrove of Norton Rose Fulbright
29 SEP 2025Targets for domestic power decarbonisation have recently been accelerated by the UK government, including the goal to quintuple the instalment of battery energy storage systems (BESS) by 2030. (BESS store electrical energy in batteries for later use and can therefore manage the intermittency of renewable energy). Consequently, it is expected that the co-location of larger-scale renewable generation projects with BESS assets (where the BESS is installed alongside another power generation source) will be an important feature of the UK’s energy transition. Norton Rose Fulbright recently advised Quinbrook Infrastructure Partners on the innovative project financing of the Cleve Hill Solar Park,1 a 373 MW solar PV + 150 MW BESS project in Kent (Cleve Hill). Cleve Hill is both the only solar Nationally Significant Infrastructure Project under construction in the UK, and the project with the largest corporate Power Purchase Agreement for solar offtake in the UK. Cleve Hill serves as a useful case study in crafting a bankable legal framework for the project financing of utility-scale co-located projects.
29 SEP 2025A round-up of regulatory changes by Simon Lovegrove of Norton Rose Fulbright
28 JUL 2025A round-up of regulatory changes by Simon Lovegrove of Norton Rose Fulbright
27 JUN 2025This In Practice article highlights the significance of the UK’s accession to the 2019 Hague Convention and considers the relevance to English legal opinions.
27 JUN 2025A round-up of regulatory changes by Simon Lovegrove of Norton Rose Fulbright
9 JUN 2025A round-up of regulatory changes by Simon Lovegrove of Norton Rose Fulbright
6 MAY 2025Since the adoption of the UN Guiding Principles on Business and Human Rights (UNGPs) in 2011, significant discussions have ensued around the responsibility of financial institutions to respect human rights across different types of transaction and business relationships. Unique challenges for the sector arise from the diverse range of investment types and asset classes, and the limited leverage financial institutions may have in relation to the conduct of co-financiers, investees and borrowers, particularly in the context of minority investments and syndicated financings.
10 APR 2025A round-up of regulatory changes by Simon Lovegrove of Norton Rose Fulbright
10 APR 2025A round-up of regulatory changes by Simon Lovegrove of Norton Rose Fulbright
6 MAR 2025