Ashurst

We have advised BlackRock on an agreement for the sale of its 39.25% stake in the operating GLID Wind Farms to funds managed by Macquarie Asset Management (Macquarie). The GLID Wind Farms comprise the Lynn and Inner Dowsing offshore wind farms which consist of 54 Siemens SWT-3.6-107 turbines. Our team was led by Dallan Pitman. Learn more:  https://lnkd.in/eGdBYN9s

We have advised Alpha Dhabi Energy Holding LLC on the indirect sale of 51% of the issued share capital of UAE-based NTS Middle East FZCO to Enersol. Our team, led by Simon Rahimzada, included Vasi Papadopoulos, Adelle Elhosnil, Zaid AL-Rizzo and Neil Cuninghame. Learn more: https://lnkd.in/eE_WHq-m

In the wake of Labour's historic UK election victory, significant tax reform is on the horizon. Labour's manifesto did not contain a great deal of detail, but one thing is clear: they intend to raise more tax revenue. Our tax experts Patricia Allen, Alastair Ladkin, and Sophie Lloyd discuss some of the key tax measures expected during Labour's first term in office likely to be of interest to fund managers, including the reform of the non-dom rules and changes to the taxation of carried interest. For a comprehensive breakdown and expert guidance to stay ahead of the curve and to navigate these changes with confidence listen now: https://lnkd.in/ezxHjad8 #Tax #UKLabour #NonDomStatus #CapitalGainsTax #ProfessionalAdvice #TaxLyrical

Need a dose of optimism? A dash of creative inspiration, perhaps? Listen to our new 'Game Changers and Transition Makers' podcast, featuring Samuel Marks from Setmetrics: https://lnkd.in/gwDKHu9b In conversation with Ashurst’s Elena Lambros, Sam explains how he and his colleagues help to optimise existing buildings to dramatically improve energy performance, achieve sustainability goals and maximise return on investment. Describing himself as an “environmental capitalist”, Sam says: “People aren't going to make change unless there's a real value proposition at the end that makes them money and saves them money”. In other words, Sam and his colleagues have found a sweet spot where environmental improvement equals financial improvement. In the podcast, he explains how they achieve this winning combination and shares his advice for business leaders seeking to achieve better ESG performance. #ESGMatters #ESG #NetZero #Sustainability #EnergyEfficiency #GreenEnergy #FutureEngineering #Setmetrics #Innovation #GreenTech

Our latest podcast on financial services regulation in the UK takes a micro and macro view of the senior managers and certification regime (SMCR) Together, Ashurst colleagues Nathan Willmott, Lorraine Johnston and Adam Jamieson offer a frank and fair assessment of the SMCR to date. They acknowledge the positive cultural effects within FCA and PRA regulated firms, reflect on some of the unintended downsides, and provide some constructive ideas to make enforcement and regulation more equitable and effective. Listen now: https://lnkd.in/e8RitbGC #FinancialServices #SMCR #Regulation #Enforcement #LegalOutlook #Reputation #Risk

“We are pleased to announce another outstanding year of strong financial performance for the firm. "Our journey of consistent growth continues, marking FY24 as our eighth consecutive year of revenue growth, reaching GBP 961 million, a 9% increase on the previous year. Our focus on six key industries and delivering integrated solutions across legal, NewLaw and risk advisory services from our global platform gives us the ability to help our clients take on new challenges in a changing world.    “We could not have achieved this without our exceptional global team.    “Every day, they demonstrate that by delivering to the highest quality, collaborating and thinking differently, we can achieve remarkable results for the firm and outstanding outcomes for our clients.  "Thank you to our people and our clients.” Paul Jenkins, Global CEO Learn more: https://lnkd.in/e53At9Zr

We are advising AGL Energy Limited on its strategic partnership and 20% equity acquisition in Kaluza, a technology platform that digitises and simplifies energy billing. We fielded a Sydney-London team led by Geoff McGrath, Emma Butler, Phil Breden and Chris Grey. Learn more: https://lnkd.in/eRHEhKCD

We recently held our annual Fintech Legal Labs, welcoming the 2024 cohort and offering unparalleled access to Ashurst's fintech ecosystem comprising the world's leading legal experts, financial institutions, investors and partners. Together, we explored the full range of legal and commercial topics relevant for up-and-coming fintechs. Our thanks to everyone involved for another successful programme! Learn more and apply for next year: https://lnkd.in/eSZY66w8

Montana's landmark youth climate decision is being appealed - what could this mean for climate litigation in the US and globally?    Tom Cummins contributed to The Wall Street Journal's coverage of the Montana Supreme Court appeal. This case, which argues the state's failure to protect against climate impacts, is "part of a trend of judgments responding to the climate crisis", he says. 

Forget megabytes - stored and created data is now measured in zettabytes and yottabytes! 📊👾💻 In our next instalment of Nearing Net Zero, Ashurst Partner Elena Lambros and I discuss decarbonisation pathways for our rapidly growing and ever-changing data sector! 👩💻 Connect with some of our world-beating data and tech experts on these issues: Nick Elverston, Amanda Ludlow, Rebecca Cope, Clare Doneley, Kate Barker, Michelle Phang, Joshua Cole, Tao Koon Chiam, Kitty Vo and Brenton Key. Binge every episode of Nearing Net Zero here: https://lnkd.in/gNVyUFqy #NearingNetZero #Ashurst #DataDecarb Ashurst | Elena Lambros | Natalie Duncan | Yvonne Lim | Elle Rawson | Emily Smith | Mohammed Abraar | Natalie Wong Alyssa Williams | Elise Traeder | Alexandria Brown | Rob Heslenfeld