Transactional Services
Special Situations Services
Collaborative Innovation
Business Strategy and Operations Services
Utilities
We operate at the center of the transition to renewable energy
District heating companies as well as electricity and gas network companies will play a key role in the transition to a sustainable society. Electrification is increasing the demand for electric power whilst electricity supply is becoming more intermittent, as fossil-fuel production facilities are being replaced by production from renewable energy sources.
The often underestimated district heating industry caters for half of Sweden’s heating demands. By investing in plants powered by renewable energy sources, accumulator tanks and other energy storage solutions, the district heating industry plays a more important role than may be imagined in the transformation of Swedish society towards sustainability. According to Eurostat, the share of energy from renewable sources in heating and cooling was 66.4% in Sweden in 2020. There is an increasing awareness of the need for investment in electrical grid infrastructure throughout Western Europe. In Sweden, removing grid congestion along the north-south corridor and connecting off-shore wind farms are perceived as focal points. Lawyers can help find the commercial impetus for grid investment and establish the durable and predictable rules required for investing in a utility or in its production and distribution facilities.
Support for all types of businesses
Cirio’s Energy and Infrastructure team assists energy utilities and intrerested parties with contracting grid works both under public and private procurement rules. In addition, we negotiate grid connection and transmission agreements, balancing service contracts and advising on specialist matters such as revenue frames. We work within projects that establish marine cables and transmission lines for the export and import of electricity and gas. We are regularly engaged for divestments and investments in district heating and are conversant with the legal issues surrounding third party access, interlinking and expansion of district heating systems and establishing long-term partnerships between public and private undertakings. Our public procurement specialists often assist throughout all the stages of a procurement process adding their experience of representing both bidders and utilities.
Related expertise
Mergers & Acquisitions
Banking and Finance and DCM (Debt Capital Markets)
Public Procurement
Private Equity
Real Estate
