Bird & Bird advises TenneT on tender for construction of offshore energy infrastructure with total capacity of 22 gigawatts and investment volume of €30 billion
Contacts
Partner
Germany
As a partner in our Hamburg office, I offer our clients long-standing expertise in renewables, energy networks and complex infrastructure projects. I have been active in the energy sector since 2010, which has provided me with a profound inside knowledge as well as a good understanding of the energy business.
Partner
Germany
I am a partner and member of both our international Energy and Utilities Sector Group and our Regulatory and Administrative Practice Group. What sets me apart is my in-depth legal expertise in combination with a keen sense of the challenges faced by industries which have to succeed in a largely regulated environment.
International law firm Bird & Bird has advised transmission system operator TenneT on the award of Europe's largest contract package for security of supply, energy transition and climate protection. TenneT signed the relevant documents end of April 2023 in Berlin together with the cooperations consisting of Hitachi Energy/Petrofac, GE/Seatrium, GE/McDermott and Siemens Energy/Dragados to bring Europe's, by then, largest ever tender process for the construction of energy infrastructure to a successful conclusion.
The total volume of the contracts for the construction of converter stations and HVDC technology (high-voltage direct current transmission) for a total of 14 grid connection systems currently amounts to around 30 billion euros. It concerns the transmission capacity of offshore wind energy in the order of 28 large power plants in the German and Dutch North Sea. An order of this magnitude establishes a global technological and production lead in Europe in a key area of future energy supply.
The cross practice Bird & Bird team supported the project under the leadership of Dr Hermann Rothfuchs, Partner and Co-Head International Energy Storage Group, Public Law (Munich), and Lars Kyrberg, Partner and Co-Head International Energy Networks & Transmission Group, Commercial (Hamburg).