Herbies leads $2bn Abu Dhabi clean energy project
Herbert Smith has boosted its profile in the Middle East after advising Hydrogen Energy - a joint venture between BP and Rio Tinto - on a deal that paves the way for the construction of a 'clean' power complex in Abu Dhabi, worth at least $2bn (£1bn). The agreement between Hydrogen Energy and the Abu Dhabi-based Mubadala Development Company was reached earlier this week, with Herbert Smith fielding a team under City-based partners Andrew Newbery (project finance) and John Geraghty (corporate).
January 23, 2008 at 10:23 AM
2 minute read
Herbert Smith has boosted its profile in the Middle East after advising Hydrogen Energy – a joint venture between BP and Rio Tinto – on a deal that paves the way for the construction of a 'clean' power complex in Abu Dhabi, worth at least $2bn (£1bn).
The agreement between Hydrogen Energy and the Abu Dhabi-based Mubadala Development Company was reached earlier this week, with Herbert Smith fielding a team under City-based partners Andrew Newbery (project finance) and John Geraghty (corporate).
Herbert Smith, whose team also included associates Simon Tysoe and Jacqueline Knox, landed the role thanks to its existing relationship with BP. The mandate comes with the top 10 City law firm set to launch in the emirate in February, adding to a Middle East presence that already includes an office in Dubai.
Magic circle giant Allen & Overy – which launched in Abu Dhabi last year after hiring a team from rival City firm Simmons & Simmons – represented Mubadala on the deal. Abu Dhabi-based projects partner Jaspal Gillar led the firm's team.
The project will see clean hydrogen-based fuel created from natural gas, with carbon dioxide emissions captured and stored rather than being released into the atmosphere.
Geraghty commented: "We are very pleased to have played a role in this groundbreaking deal in the Middle East, where we are continuing to expand. It builds on the relationship we have developed with Hydrogen Energy and further enhances our market-leading position in advising on 'clean' energy projects."
For thousands of the best legal jobs, click here.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllFreshfields, MoFo Act on $1.8B TOPPAN Deal As Japan's US Buying Spree Continues
Kirkland Steers Paris-based Antin in ‘Year’s Biggest’ Infrastructure Fund Closing, at €10.2B
3 minute readECJ Ruling Upholds German Ban on Pure Private Equity Investment in Law Firms
4 minute readTrending Stories
- 1Call for Nominations: Elite Trial Lawyers 2025
- 2Senate Judiciary Dems Release Report on Supreme Court Ethics
- 3Senate Confirms Last 2 of Biden's California Judicial Nominees
- 4Morrison & Foerster Doles Out Year-End and Special Bonuses, Raises Base Compensation for Associates
- 5Tom Girardi to Surrender to Federal Authorities on Jan. 7
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250