Projects: Mainly Domestic - UK-wide
What the Team is Known For
Clifford Chance has a leading practice with particular expertise in UK and African power developments. Beyond the power sector, the firm also routinely advises on PPP transport and social infrastructure projects. The firm draws from a wealth of resources in areas such as environment, capital markets and construction law to provide an integrated offering. It is recognised for providing expert advice to both lenders and sponsors. The firm offers substantial experience in handling cross-border and multinational projects.
Strengths
"Clifford Chance provides high level advice with a lot of good sense to resolve commercial issues."
"The ability of the Clifford Chance team to quickly digest very complex interfaces and provide tailored solutions that fit with commercial objectives is exceptional."
"Clifford Chance has a very well-staffed team with a wide-ranging breadth of experience."
Work Highlights
Clifford Chance represented NNB Generation Company on the development and financing of the new Sizewell C nuclear power station in the UK funded via the the Regulated Asset Base (RAB) model.
Notable Practitioners
Craig Nethercott maintains a healthy reputation for his knowledge of upstream and midstream project finance transactions. He is particularly adept at advising on developments in Africa and the Middle East. "Craig is exceptionally client-focused anddeal-oriented. He always looks for a way to get a deal done and he works with the other side to find a solution to problems." "Craig Nethercott has a combination of being both commercial, but also on top of the detail of even the most complex transactions."
John Wilkins maintains a noteworthy practice which focuses on the project financing of nuclear and gas-fired power plants. He is also adept at advising on carbon capture projects. He holds particular expertise on novel financing structures such as the Regulated Asset Base (RAB) model. "John is exceptionally astute and commercially aware, making him a pleasure to work with on complicated assignments."
Michael Pearson frequently advises both sponsors and lenders on the financing aspects of PPP transactions. His expertise spans domestic and international infrastructure projects, with a focus on transport assets. "Michael has the ability to anticipate the needs of all the players and he works well with counterparties' advisors."
Russell Wells is held in high regard for his work on midstream and downstream oil and gas transactions across a number of jurisdictions, including in Africa and Europe. He additionally serves as co-head of the firm's global energy group.
Praveen Jagadish is notable for his project finance practice spanning renewable, nuclear and transport assets. He is adept at leading on PPP transactions in addition to green financing deals. "Praveen Jagadish is unflappable and very solution-oriented."