The global renewable energy revolution is well under way. Hydropower has for a long time been the dominant source of energy in Norway, but in recent years wind power, bioenergy and district heating have made their mark as industry focus areas. Solar power, hydrogen and offshore wind power are on the advance.
We are a full-service supplier of legal services to Norwegian and foreign operators in the entire renewable energy value chain. Our lawyers have been involved in most of the major transactions and restructurings in the energy industry in recent years. We also have considerable experience litigating disputes between industry operators.
Our extensive experience and skills provide for efficient legal assistance, regardless of the nature and scope of the legal issues being solved. In addition, our overview of market developments and the regulatory framework enables us to anticipate changes, deliver strategies and solutions tailored to the commercial conditions under which the industry operates.
Transactions related to assets, rights or holding companies, including planning and implementation of sales processes or reorganisations, legal review of assets and rights (due diligence) and negotiation of transaction documents.
Regulatory advice, including issues related to the Waterfall Rights Act, the Act relating to regulations of watercourses, the Energy Act, safety regulations and network regulations
Negotiation, drafting or assessment of power sales agreements and other significant delivery agreements and infrastructure agreements
Assistance in major development and upgrade projects, including negotiation of construction and delivery agreements and ongoing assistance during the construction phase
Issues related to financing of power assets
Government permits and other contact with public authorities
Agreements and regulatory issues related to regulated power markets
Power taxation and excise duties
Dispute resolution before the regular courts, arbitration and mediation
Stellar practice active in transactional and regulatory mandates. Offers strength in wind farm and hydropower plant transactions, acquisitions of utility companies and mergers of grid operating businesses. Clients praise the team for "knowing the electricity and utility sectors very well."
Wiersholm assited on the Fosen Vind project
Wiersholm assisted regional utilities TrønderEnergi and NTE Energi