Expertise
Rory advises energy and infrastructure corporates, financial sponsors and financial institutions on a range of transactional and structured projects work including project finance, prepayment/forward funding arrangements, joint-ventures, project acquisitions and disposals, as well as project development and commercial matters. Rory has over 17 years' experience advising in the energy and infrastructure sector globally, both in mature markets and emerging markets. His experience spans conventional power generation, hydropower, solar, nuclear, gas and oil, LNG, industrial gases, as well as various non-energy infrastructure. Rory co-heads Addleshaw Goddard's Nordic Business Group and Power sector team.
Rory's recent experience includes:
- Advising Greencoat Capital on the joint acquisition and development of one of the largest renewable heat projects in the UK.
- Advising a joint-venture comprised of NNPC E&P and Neconde on a USD 1.95 billion prepayment for the financing arrangement for the exploration and development of Nigerian upstream licence area OML 42 as well the related establishment and structuring of a mid-stream gas joint venture.
- Advising Tata Power and Clean Energy Invest on the development, construction and financing of Phase 1 of the 400 MW Adjaristsqali Cascade hydropower project, located in Georgia, as well as subsequent refinancing.
- Advising Norfund on the sale of a significant minority interest in the 258 MW Uppington solar project in South Africa to South Africa fund manager, Stanlib.
- Advising the project company (as borrower), whose shareholders include Credicorp Group, Norfund and Agua Imara, on its prepayment and exit from its project finance arrangement with the existing lenders (FMO of the Netherlands, DNB of Norway, Proparco of France and DEG of Germany) in relation to the 58 MW Bajo Frio hydropower project in Panama.
- Advising a global port operator on the project financing of a port and logistics project in Chennai, India.
- Publications
- Net zero needs the nuclear option, Lexology, September 2019
- Legal strategies for the mitigation of risk for energy infrastructure projects, Journal of Energy & Natural Resources Law, March 2018
- Case Note on MT Højgaard A/S v E.ON Climate & Renewables UK Robin Rigg East Limited and another, Energy Law Exchange, September 2017
- Gas to Power in Africa: Challenges and Opportunities, Lexology, November 2016
- Fifty Shades of Green Hydro Bonds, Project Finance International, 7 September 2016.
- Can SMRs unlock financing?, World Nuclear News, 24 August 2016.
- Letters of Credit, on demand bonds and "fraud exception", Lexology, November 2014.
- Obrascon Huarte Lain SA v Her Majesty's Attorney General for Gibralter: a rare look at the FIDIC form of contract, Lexology, August 2014.
- Going Nuclear: Electricity Market Reform and New Nuclear, GM Business Week, October 2012.
- Professional Memberships
- Law Society of England and Wales