2 minute read | October.02.2023
“Demand in energy transition, including the offshore wind market, is unprecedented despite current challenging supply and financing costs. In these times clients turn to experienced practitioners and we are thrilled to add a top-quality talent like Albert to our bench as we help our clients pursue commercial opportunities,” said Evan Stergoulis, Global Co-Head of Renewables. “We’ve worked alongside Albert on several significant projects and know the great value he will add for our clients.”
“I’m thrilled to join Orrick’s premier team in this space and be part of developing the practice at this pivotal moment in the market,” said Albert. “I look forward to collaborating with the team to provide our clients with top-quality and pragmatic service in these dynamic times in the energy transition space.”
Albert is Orrick’s 15th partner hire in Energy & Infrastructure since the beginning of 2022. He joins an Orrick platform that was top 3 in renewables transactions by volume in 2022 (Inspiratia) and was named ‘Legal Advisory of the Year’ by at the 2023 Wind Investment Awards (Tamarindo).
To date, not only has Orrick advised on the largest offshore transmission owner transaction by size in the UK and the first majority locally financed non-recourse offshore wind project in Asia, but we’re also advising on pioneering offshore wind joint venture arrangements in jurisdictions where offshore wind is in its infancy, including Sweden, Poland, Vietnam, Italy, Ireland, the U.S. and Greece.