Gus Wood > Gowling WLG > Birmingham, England > Lawyer Profile

Gowling WLG
TWO SNOWHILL
BIRMINGHAM
B4 6WR
England
Gus Wood photo

Work Department

Energy team.

Position

Partner in the firm’s energy team. Gus is an expert in energy. His in-depth energy knowledge and sector expertise enable him to understand the businesses of energy clients, and also the energy-related challenges increasingly faced by all organisations. Gus is respected for his encyclopaedic knowledge of the energy sector, for his expertise in documenting and interpreting regulatory regimes, and for his commercial contract work within the (often complicated) regulatory frameworks. Gus is particularly well known for his commercial contracts work in the energy sector. In respect of power purchase agreements (PPAs), for example, he has drafted or negotiated some of the most significant PPAs in the UK renewables sector. He is also an acknowledged expert in heat supply agreements, particularly for combined heat and power (CHP) projects. A further specialism is in the drafting or negotiation of supply-side agreements, including the development of flexible pricing products and PPA-sleeving arrangements. In addition, he regularly advises on energy trading and fuel supply agreements – on both standard and bespoke terms. Gus’s extensive experience of energy regulation, also enable him to provide cutting-edge advice on the legislative frameworks that underpin all competitive energy markets. He regularly advises government departments and regulators – as well as energy companies – on the development and interpretation of regulatory frameworks. Advising Statkraft on all the power purchase agreements it has entered into for UK renewables projects since it entered the UK PPA market in 2010. We have worked closely with Statkraft to help them become one of the most active PPA offtakers for UK renewables projects. We continue to advise Statkraft on their product development to adapt to the evolving regulatory regime, and to new technologies. Advising the Department of Energy and Climate Change (DECC) on the regulatory aspects of its smart metering rollout programme. This involves the creation of a new Data Communications Company (DCC) licence – novel because it is granted under both the electricity and gas legislation – modifications to existing electricity and gas supply licences, and the drafting of the new Smart Energy Code (SEC). Advising Waste Recycling Group (now FCC) on its successful bid for the Lincolnshire energy from waste (EfW) public-private partnership (PPP) project. The project had a relatively novel funding structure, as it was funded by Lincolnshire County Council via prudential borrowing. The facility will process 150,000 tonnes of waste each year and has the capability to operate as a CHP plant. Advising the electricity regulators in Northern Ireland and the Republic of Ireland on the introduction of the Single Electricity Market for the island of Ireland. At the same time, we advised the Northern Ireland regulator on the final implementation of the second EU Electricity Directive. Highly specialised, the project involved amending existing and creating new legislation, licences and industry codes. It culminated in a new regulatory framework in Northern Ireland to reflect the cross-jurisdictional nature of the new market; Gus worked with a steering group of electricity distributors and suppliers to create the Distribution Connection and Use of System Agreement (DCUSA), the agreement to which all licensed electricity distributors and suppliers in Great Britain must accede. We continue to advise the DCUSA panel on developments to the agreement, working with industry representatives to find positions with which suppliers, distributors and the regulator are comfortable. This included developing the National Terms of Connection (NTC) which govern most of the electricity distribution connection agreements in Great Britain.

Career

2000-2002: Wragge & Co LLP (trainee solicitor); qualified 2002; 2002-2010: Wragge & Co LLP (solicitor); 2010-2014: Wragge & Co LLP (director); 2014 onwards: Wragge Lawrence Graham & Co LLP (partner); Wragge Lawrence Graham & Co, partner, 2014.

Memberships

Member of RenewableUK and of the Renewable Energy Association.

Leisure

Watching (and occasionally) playing sport – mainly football, golf and tennis. Spending time outside, exploring the natural world (aka walking to the pub).

Lawyer Rankings

West Midlands > Projects, energy and natural resources > Energy, project finance and PFI

(Leading individuals)

Gus WoodGowling WLG

London > Projects, energy and natural resources > Power (including electricity, nuclear and renewables)

Gowling WLG has an excellent transactional advisory practice with practitioners at the forefront of energy mandates in the corporate, finance and project development space. ‘The team is very commercial with a very target-oriented mindset’ with the corporate side being led by Gareth Baker. Nath Curtis advises funder and sponsor clients on net-zero projects while John Cooper specialises in providing public law advice. Gus Wood is a key name in relatino to regulatory issues while Jonathan Brufal provides support from Dubai.