Infrastructure/Energy Team of the Year 2009
24 June 2009
At this year's The Lawyer Awards we won the award for Infrastructure/ Energy Team of the Year. This was a new category so we are the first firm to have been awarded this accolade, highlighting pre-eminence in the sector.
Eight firms had been short listed: Burges Salmon, Linklaters (3rd placed), Herbert Smith, Clifford Chance, Pinsent Masons, Shearman & Sterling, Addleshaw Goddard and Sullivan & Cromwell (2nd placed).
In presenting the award, the judges praised Burges Salmon for its innovative and holistic approach to the needs of its energy clients. They observed that it was proof that big is not always best.
Our submission was based on the biomass project completed last year for Helius Energy Plc when we supported Helius in the sale of the development and operation rights to a 65MW biomass plant in Stallingborough, NE Lincs. This is one of the UK's largest biomass plants to date with a build out cost estimated at £200million.
The importance of biomass energy developments to the UK cannot be under-estimated. Without plants such as the Stallingborough project the UK has little or no chance of reaching its renewable energy targets.
Biomass projects are very challenging, having to marry together often complicated fuel supply issues with sustainability criteria and a web of project documents. This project will be seen by many as a breakthrough project for Helius and UK renewables.
The project was just one within our broad infrastructure and energy practice; in the past 12 months we have supported clients in a number of others, including advising Costain Limited as main design and build contractor on the £3.8 billion Greater Manchester Waste PFI project, Europe's largest waste management project.