Edward has a particular focus on commodities and the development, financing, acquisition and disposal of domestic and international projects in the energy sector.

His commodities experience ranges from the transactional and regulatory aspects of physical and cash-settled trading to more bespoke, complex and structured arrangements. These include the establishment and roll-out of trading platforms and businesses, long-term sales and supply agreements, corporate PPAs of all forms (including derivative-based synthetic / virtual contracts), trading services agreements, swaps, repurchase transactions, commodity-backed prepay (and other financing) structures and trading portfolio, company and asset acquisitions.

Edward also has a significant amount of experience in relation to thermal and renewable energy assets (the latter including wind, solar, biomass, storage and hydro technologies), as well as large mining, toll road, telecoms and other infrastructure projects. 

In this regard, he has advised on numerous high-value and strategic M&A transactions, projects and project financings, and has specialist knowledge in relation to system, supply, offtake, concession, O&M, EPC and other underlying arrangements. His projects-related clients include sponsors, corporates, utilities, trading houses, equity and debt funds, and other debt-providers (primarily banks and credit support organisations).

He has advised in each of these areas, across the UK, Western and Eastern Europe, Africa and other key emerging markets, for almost 20 years, spending an extensive portion of this time acting as in-house counsel to utilities, trading houses and an international investment bank.

Edward is highly regarded by both Chambers and Legal 500.

  • Commodities

    • The following entities in relation to their UK and European power, gas and carbon trading operations: Aquila, BTG Pactual, BNP Paribas, Cargill, Centrica, Citigroup, Constellation, Credit Agricole, ENECO, ENGIE Global Markets, Gazprom, JP Morgan, Mercuria, MET International, Mitsui, Noble, Petroineos and Petronas.
    • JP Morgan on several trading portfolio acquisitions from multiple sellers including Barclays and Morgan Stanley and their metals trading activities.
    • Trailstone on numerous acquisitions and disposals, structured trading and offtake arrangements.
    • ENGIE in relation to long-term wholesale gas and power sales agreements.
    • SOCAR in relation to LNG and natural gas sales and transportation, a crude prepay transaction in West Africa and the acquisition of the Phibro oil business.
    • Various leading European banks and trading houses in relation to oil-in-storage repurchase arrangements (Europe and Africa) and crude, metals and iron ore prepay trade finance arrangements (Brazil and Africa).
    • RWE, EON, DONG (now Orsted), EconGas and ENECO in relation to the development of an in-tank LNG trading agreement for the GATE Terminal.

    Corporate PPAs

    • Microsoft in relation to a 90 MW virtual corporate PPA with ENECO in the Netherlands.
    • CMC in relation to a 10-year virtual corporate PPA with Statkraft in Poland.
    • ENGIE in relation to the development of its upstream and downstream corporate PPAs.
    • Multiple developers such as Falck Renewables, NextEnergy and EnergieKontor in relation to physical (behind the meter; sleeve) corporate PPAs.

    M&A

    • The sellers of Bio Collectors (the owner of an AD plant) to John Laing Environmental Assets Group.
    • EnergieKontor in relation to multiple acquisitions and disposals of onshore wind farms, including Lilbourne and New Rides.
    • Solar developers including Aquila Capital, NextEnergy and Canadian Solar in relation to numerous UK solar acquisitions.
    • EPH on its acquisition of the 420 MW coal-fired Lynemouth power station from RWE.
    • MEAG on its acquisition of a 50% share of Marchwood Power Limited, a 800 MW CCGT in the UK.
    • Mercuria in relation to various proposed and completed acquisitions and disposals, including of carbon aggregators MGM and EcoSecurities.

    Projects and Financing

    • BlackRock in relation to its note-based re-financing of a significant rooftop solar portfolio in the UK and a separate solar acquisition financing.
    • Gottex in relation to the development, financing and restructuring of various biomass assets in Europe.
    • Gestamp in relation to the development of the 102 MW wind farm in South Africa.
    • GuarantCo on the issuance of a USD 60 million infrastructure bond programme in Gabon.
    • PGI on the financing of a hydroelectric project in Zimbabwe.
    • Globeleq in relation to the 250 MW expansion of the Azito gas-fired power plant in Côte d’Ivoire.

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