Oliver Irwin#11850

Oliver Irwin

Oliver advises lenders and sponsors on the development and financing of cross-border energy and infrastructure projects across a broad range of industries, many of which are the first of its kind in their sector. He has significant experience advising on multi-sourced project financings involving export credit agencies, multilaterals and development finance institutions, as well as commercial banks and traders. Oliver is frequently involved in the negotiation and structuring of complex intercreditor matters.
 
IFLR1000 has identified Oliver as a “Rising Star” or “Highly Regarded” every year since 2013, and he has been ranked by Chambers UK each year since 2012, where clients report that Oliver is considered “truly outstanding” and highlight his “knowledge of debt financing” and “drive to get the deal done.” In the 2022 edition of Chambers UK clients comment, “Oliver is calm, cool, collected ꟷ he knows his stuff, which shows through in tough moments of negotiations.” They also note in Chambers UK 2021, that the “technical ability, precision and accuracy of his work combined with his responsiveness makes him a very good lawyer” and he “is very pragmatic, very thorough and commercial.” Oliver is also ranked as a “Next Generation Partner” for Projects, Energy & Natural Resources ꟷ Infrastructure in The Legal 500 United Kingdom (2018-2023), and was nominated by in-house counsel and peers to appear in Euromoney’s 2015, 2016 and 2017 “Rising Stars” Expert Guides. Legal 500 UK 2023 noted that Oliver “has provided a decisive contribution in very complex groundbreaking transactions” and that he “has an unparalleled ability to understand the client’s needs and to provide very sound and reliable advice to fulfill them.” Oliver was also recognized by Law360 as a 2019 MVP for Project Finance and serves on Law360’s Project Finance Editorial Advisory Board (2020-2022).

Practice Area

Panel

  • Contributing Author

Experience

  • Bracewell (UK) LLP (2018 - Present)
  • Milbank LLP (2010 - 2018)
  • Norton Rose Fulbright LLP (2005 - 2010)

1 Contributions by Oliver Irwin

Co-located renewables and battery storage in the UK: project finance structuring, contracted revenues and optimisation, ancillary services, construction and grid connection risk, sequencing and degradation
PRACTICE NOTES
Co-located renewables and battery storage in the UK: project finance structuring, contracted revenues and optimisation, ancillary services, construction and grid connection risk, sequencing and degradation
An increasing cohort of developers is reporting that co-located battery storage schemes have secured project finance. This marks significant progress, given that as recently as 2018 grid-scale batteries were treated as an emerging asset class, with many funders having written them off as unsuitable for project finance. This Practice Note sets out key considerations for both lenders and developers looking to project finance co-located battery storage projects. For more information on: construction considerations for co-located battery storage projects, see Practice Note: Energy storage—construction issues property aspects regarding co-located battery storage projects, see Practice Note: Battery storage projects—property issues planning matters, including in relation to co-located battery storage, see Practice Note: The planning regime for energy storage in England and Wales battery storage projects more broadly, see Practice Notes: Scaling up energy storage—revenue opportunities in Great Britain and Energy storage technologies in the UK UK regulatory and licensing matters associated with energy storage projects, see Practice Note: Energy storage—the evolving regulatory regime and renewable subsidy position For further practical guidance on the financing of energy, power and resources projects across a number of sectors, including those...
Energy
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