Powerhouse
Created from the demerger of National Power, International Power’s legal team has experienced massive change. Mary Murphy talks to the head of the two legal departments
In-house power
Despite Innogy Holdings undergoing rapid upheavels and diversification, it still relies most heavily on its in-house legal team over ny external firm. And to good effect. Julia Cahill reports Think power stations and you only have a snippet of what Innogy Holdings, the newly demerged UK arm of National Power (NP), is all about. In […]
Greek
Greek electricity transmission system restructures in compliance with EU Directive. Public Power Corporation of Greece advised by Norton Rose (Richard Metcalf, assisted by Jonathan Evans and Ioanna Stephanaki), ESB International from Ireland and Greek consultants LDK, led by National Economic Research Associates (NERA).
A&O and Slaughters head for court with Lincoln and Charter
Allen & Overy and Slaughter and May are drafting in litigation heavyweights as the collapsed deal between engineering companies Lincoln Electric and Charter teeters on the brink of court action. It is believed to be the first time a target company has considered bringing legal proceedings against a potential buyer on a recommended bid. The […]
Scottish Power
Since Scottish Power’s creation in 1989, the utility’s three-strong in-house team has been extremely busy. The company was created out of the South of Scotland Electricity Board at the end of the 1980s privatisation trend. Since then it has embarked on an aggressive acquisition policy. Its latest purchase – Oregon-based generator PacifiCorp – is typical […]
BP Amoco
In 1998, BP stamped its authority on the energy industry with its £67.7bn acquisition of US energy giant Amoco – believed at the time to be the largest ever takeover. The deal put BP Amoco at the very top of the energy market, but the company’s next attempt to build on its already substantial market […]
Powergen
The next two years are crucial for Powergen. The gas and electricity giant is planning to purchase a major US utility and has set aside £3.1bn to do so. The company already has links in the US. In 1993 it joined with stateside companies NRG Energy and Morrison Knudson to operate lignite mines and power […]
British Energy
Last month, British Energy breathed a sigh of relief when its five-month bid for Welsh utility Hydra’s subsidiary Swalec, the south-west retail gas and electricity supplier, was cleared by the Department of Trade and Industry. Callum McCarthy, the director general of industry regulator Electricity Supply had previously expressed concerns that the £105m takeover would give […]
Centrica Plc
Centrica, the largest gas supplier in the US, is not a company normally associated with rescuing broken-down vehicles. But in an attempt to diversify its interests, Centrica has acquired the Automobile Association (AA) for £1.1bn (The Lawyer, 12 July). The acquisition, yet to be approved by AA members, will bolster Centrica’s client base, adding another […]
John Southworth
Ryan Dunleavy talks to John Southworth, a man who is making the unusual move from in-house to join a law firm as head of Nabarro Nathanson’s upstream oil and gas team John Southworth is a man who does not follow convention. This week he leaves Marathon Oil and Gas as its legal manager to head […]
National Grid Group
National Grid Group is already, without doubt, a formidable company. From its privatisation in 1990, the group went on to float on the stock exchange in 1995, placing it at the forefront of the UK’s energy sector. However, its decision last December to enter a billion-pound merger with US energy distributor New England Electric System […]
Shell UK (part of the Royal Dutch Shell Group)
Aa global brands go, Shell is one of the most familiar. But its simplicity and immediacy belies a complex group structure spann ing oil and gas businesses in 130 countries around the world. Shell UK is the British arm of the business. But which business? The Royal Dutch/Shell Group consists of two parent companies. One, […]