Adam focuses on corporate and project development matters in the energy, infrastructure and mining sectors. Adam advises clients in relation to M&A and the development of projects in the oil and gas sector, with a particular focus on LNG including in relation to LNG trading, LNG SPAs and the development of LNG infrastructure. Adam also has experience in the power sector in relation to both thermal and renewable assets.
Recent Notable Matters
Eni S.p.A. — contribution of its 20 percent interest in the Dogger Bank offshore wind farm and other offshore wind assets to Vårgrønn, its joint venture with HitecVision, and related shareholder arrangements
Vårgrønn AS — establishment of an up to £500 million debt platform and initial facility raised by way of UK private placement of notes to institutional investors
Eni S.p.A. — £140 million acquisition of a 20 percent interest in the Dogger Bank (C) 1.2 GW offshore wind farm project from Equinor and SSE
Hillwood International Energy, LP — acquisition of Kerogen Investments No. 7 Limited’s interest in HKN Energy, Ltd, the owner of a 62 percent operated interest in the Sarsang PSC in the Kurdistan Region of Iraq
Storegga Geotechnologies Ltd — foundation equity financing with Macquarie and subsequent equity financings with GIC, Mitsui, Macquarie, M&G and SNAM
Eni S.p.A. — £405 million acquisition of 20 percent interest in the Dogger Bank (A and B) 2.4 GW offshore wind farm project from Equinor and SSE
Sonatrach — shareholders agreement and feedstock supply arrangements in respect of a $1.2 billion polypropylene production facility in Adana, Turkey*
Financial Investors — financing and gas transportation arrangements for a sub-sea pipeline project*
Provider — charter and O&M agreements for an FLNG facility*
Albertine Graben Refinery Consortium — development of its $ 3 billion refinery project in Uganda*
Arabia One For Clean Energy Investments (a project company formed by Hanwha Engineering & Construction Corporation, Ennera Energy and Arabia Trading and Consulting Company) — project development and financing of the Arabia One project, one of seven solar photovoltaic (PV) projects in Jordan (called the “Seven Sisters”) procured in Round 1 of Jordan’s renewable energy program; named Middle East Renewable Deal of the Year, 2014 and Middle East Overall Project of the Year, 2014 by IJGlobal Middle East
Alcazar Energy Partners — four 50 MW solar projects (AEES1, Delta, Aten and Horus projects) in Round 2 of Egypt’s renewable feed-in tariff programme; named 2017 Global MLA Deal of the Year by Project Finance International
Developers — minority equity investment by a private equity fund in a South African mining company and on related bridge financing, gold stream and offtake arrangements*
JBIC and commercial lenders — development and financing of the expansion of the Facility D IWPP in Qatar*
Consortium of Turkish and Korean sponsors — development and financing agreements for the Çanakkale 1915 bridge in Turkey*
Developer — debt and equity financing and offtake arrangements in relation to the development of a North American cobalt mine*
Sponsors — structuring and financing aspects of the 1,000 MW YEKA solar project in Turkey*
Sponsors — structuring and financing aspects of a hydropower project in Eastern Europe*
* Work completed prior to Bracewell
Publications and Speeches
“Re-shaping the UK Energy regime in an uncertain political landscape,” LexisPSL, July, 26, 2022.
“United Kingdom: Renewable Energy 2022,” International Comparative Legal Guide, September 2021.