AIFMD II introduces substantial changes to the EU-wide regulatory framework for alternative investment fund managers (“AIFMs”) that was established under AIFMD. The changes cover a wide range of areas but will have a...more
Further to our previous articles on the market and sources of revenue for (standalone) project-financed BESS projects, this article considers the core transaction documents making up a project-financed BESS project and the...more
11/11/2024
/ Business Operations ,
Commercial Leases ,
Construction Contracts ,
Contract Terms ,
Due Diligence ,
Energy Sector ,
Energy Storage ,
EPC Contractor ,
Operation & Maintenance ,
Operative Documents ,
Project Finance ,
Service Contracts ,
TCPA
As covered briefly in our previous article, the “route to market” / offtake arrangements/ revenue contracts are perhaps the key difference between battery energy storage systems (BESS) projects and other project-financed...more
10/15/2024
/ Arbitrage ,
Auction ,
Batteries ,
Capacity Market ,
Electricity ,
Energy Projects ,
Energy Sector ,
Energy Storage ,
Exchange-Traded Products ,
Futures ,
Power Purchase Agreements ,
Project Finance ,
Renewable Energy ,
Tolling Agreement ,
UK ,
Wholesale
What is BESS?
Battery storage or “BESS” (Battery Energy Storage Systems) projects are electrochemical infrastructure assets that allow energy to be stored and released on demand, and most of these projects are Lithium-Ion...more
9/30/2024
/ Arbitrage ,
Batteries ,
Contract Terms ,
Critical Infrastructure Sectors ,
Electricity ,
Energy Projects ,
Energy Storage ,
EPC Contractor ,
Infrastructure ,
Lithium Batteries ,
Net Zero ,
Operation & Maintenance ,
Project Finance ,
Regulatory Standards ,
Renewable Energy ,
Transmission Grid ,
UK
The UK regulators (primarily the Prudential Regulation Authority) are currently reviewing consultation responses received on the proposed implementation of Basel 3.1 in the UK, with the final rules being published between...more