Freshfields advises E.ON in its joint venture with RWE on successful power station bidsInternational law firm Freshfields Bruckhaus Deringer has advised leading energy company E.ON in relation to the successful bid by its joint venture with RWE in the Nuclear Decommissioning Authority auction of land for potential new nuclear development at sites in Oldbury and Wylfa.
E.ON and RWE formed a joint venture earlier this year to secure sites for new nuclear development in the UK that were being sold through the NDA auction. Between them, the companies have 20 nuclear power stations around the world, including three nuclear plants that are jointly owned by the two companies in Germany.
The Freshfields team was led by real estate partner David Lewis and corporate partner Andrew Hutchings, and included fellow partners Jonathan Isted (nuclear, environment, regulatory and licensing), Nicholas Spearing (antitrust, competition and trade) and Colin Hargreaves (tax), senior associate Vanessa Jakovich (nuclear, environment, regulatory and licensing), and associates Michael Reid, Joanna Davies, Naomi Ives and Charles Miéville (real estate), Richard Thexton and Nicholas Jones (both corporate) and Patrick Voisey (tax). The team worked closely with E.ON’s in-house counsel Alex Rippon and Sara Vaughan.