This week Conservative Chancellor Rishi Sunak’s unveiled his summer budget – probably...
mfg's is able to provide a commercially focussed, full service offering for the energy and utilities sector.
Whilst renewables have dominated the sector in the last few years, there is an increased focus on security of supply. Technological innovation is moving the energy system from a centralized model of large generation and distribution, to a decentralised model combining large base load generation with renewables, distributed power solutions and demand side response through smart networks.
All of these developments need investment and are disruptive to the traditional corporate structures and strategies of the utility sector. At the same time businesses and individuals are looking at ways in which they can reduce their energy demand while maintaining existing operating standards.
The team is led by former Ecotricity counsel Miles Dearden. The team provides advice on all aspects of the energy sector from land acquisition through finance and construction to regulatory matters and energy trading. In particular mfg has expertise in connection with the acquisition development and funding of wind-farms, solar/PV schemes, anaerobic digestion and energy from waste projects.
Clients are able to benefit from legal and commercial experience gained within the industry and as such we are well placed to help clients identify project risks and provide commercial routes forward. Clients have also found that they benefit from a standard of service learned in-house; that is to say we know what it is to be a client and how to progress transactions.
The team is also notable for its specialist easements team. This has allowed the department to handle significant volumes of routine transactional activity within the energy and telecoms sector.
The team also advises on telecommunication matters. With many of the older mast leases approaching renewal, market consolidation and the forthcoming implementation of the new electronic communications code mfg is working closely with agents to negotiate terms for the renewal of existing leases.