Norton Rose ups Middle East nous with pair of energy deals
Norton Rose ups Middle East nous with pair of energy deals" />Norton Rose has scored the lead roles on two overseas energy deals, advising on a nuclear power programme in Jordan and the largest offshore windfarm in the world.
The firm scooped a mandate from the Jordan Atomic Energy Commission to advise on the first phase of its nuclear power programme with French nuclear power company Areva. Linklaters’ Paris office is advising Areva.
Norton Rose’s London office has also been instructed on its first UK deal for Abu Dhabi energy investment company Masdar, a client of the firm’s Middle East practice.
Corporate finance partner Anthony Riley is coordinating a three-partner team working on the London Array scheme, a joint venture between Masdar and German power company E.ON, advised by Freshfields Bruckhaus Deringer.
The project will see 271 wind turbines built in the Thames Estuary to provide enough green energy to power 750,000 homes.
We have a strong record in renewable energy,” said Riley. “ The plan is that we will assist Masdar going forward. They don’t have a controlling interest in the project, but our advice has been on buying into the project, a bit like an M&A deal.”
Norton Rose’s Middle East corporate finance head Campbell Steedman is the relationship partner for Masdar.
