GSK has for years been providing advice to German and international market players on all issues surrounding the energy industry. Our Energy Team also has an extensive capability in the field of renewable energy.
Our clients include large and regional power supply companies as well as municipal works, companies involved in the development, manufacture and operation of plants as well as project developers and investors, banks and local government.
Our advice thereby mainly focuses on the following areas:
The energy industry in general:
- Corporate transactions in the energy sector, including due diligence
- Initial public offerings (IPOs)
- Private equity investments
- Framework cartel and regulatory conditions under the German Energy Act (Energiewirtschaftsgesetz, "EnWG")
- Agreements with power supply companies (e.g. power supply contracts) and network operators, particularly with regard to issues concerning network access and connection and questions of remuneration.
- Public (planning) law, e.g. the legal issues involved in planning processes, environmental and toxic emissions control.
- General contractor agreements, plant engineering and construction contracts (construction and subcontracting agreements), O&M agreements (commercial and technical management).
Renewable Energies:
- Project development in the solar power, photovoltaic, wind turbine, bioenergy and geothermal sectors
- Developing the legal and tax concepts for corporate structures for the implementation of projects in the renewable energies sector
- Developing financial models in the renewable energies sector, e.g. Project financing, closed-end funds, mezzanine financing
- The funding of facilities, particularly the energy supply under the German Renewable Energies Act (EEG)
- Securing the legal situation regarding the real estate for the project
Energy Contracting:
- Developing concepts and drafting contracts for contracting models for supplying (an area) with the utilities electricity and heat/air-conditioning technology
- Implementing centralised and de-centralised heat supply facilities
Conservation of energy and energy efficiency in real estate project developments.