Mark Bartholomew
Mark is an energy sector specialist and has advised sponsors, generators, financiers, network operators, retailers, governments and regulators on all aspects of their participation in the power sector. He has been advising in the GB energy sector since the restructuring and privatisation of the electricity supply industry in 1990 and has worked extensively overseas.
Mark has particular expertise in the commercial and regulatory framework for the trading of electricity and the operation of the network. He has advised generators, transmission companies, interconnectors and energy retailers on their participation in the market. His experience in the GB market spans from the Electricity Pool to NETA and BETTA. In more recent times, Mark has been involved in the implementation of EU Network Codes and Brexit-related issues.
His practice includes advising on the development and operation of generation plant, including renewable generation, electricity storage and ev charging.
Practice Area
Panel
- Contributing Author
Qualified Year
- 1986
Experience
- Maxwell Winward (2005 - 2012)
- CMS Cameron McKenna (1990 - 2005)
- Saunders Sobell (1986 - 1990)
Membership
- R3
Qualifications
- Solicitor, England and Wales (1986)
- BA Law (1983)
Education
- University of Kent (1980 - 1983)
- College of Law - Guildford (1983 - 1984)
1 Contributions by Mark Bartholomew
PRACTICE NOTES
Structuring Renewable Energy Projects: SPVs, Financing Risk Allocation, EPC, PPAs, Grid Connections, Fuel Supply and O&M
For comprehensive and authoritative commentary on regulating, consenting and incentivising the net zero energy transition under the law of England and Wales, see Collinson and Hockman on Energy Law: Regulating, Consenting and Incentivising the Energy Transition. That textbook provides thorough, in‑depth analysis of topics addressed in this Practice Note.
How are renewable energy projects typically structured?
In most renewable generation schemes (particularly where project finance features), a special purpose vehicle (SPV) is formed to hold the assets and to enter into the key project contracts. Construction and operations are usually contracted out, and financiers may insist that main contractors sign direct agreements, deferring termination rights so the funders can exercise step‑in rights (these arrangements are not depicted in Diagram A below). That position will almost invariably apply where the renewable project is project financed. For additional practical guidance on financing energy, power and resources projects across multiple sectors, including those considered in this Practice Note, also refer to the textbook: Energy and Resources Financing: A Practical Handbook.
Diagram A: Typical project structure for renewable energy projects
Although the project structure will be broadly comparable for most types of renewable projects as considered in England and Wales within this Practice Note...
Energy
If you expected to see yourself on this page, click here.
