The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Burges Salmon LLP

Living Wage
ONE GLASS WHARF, BRISTOL, BS2 0ZX, ENGLAND
Tel:
Work 0117 939 2000
Fax:
Fax 0117 902 4400
DX:
7829 BRISTOL
Email:
Web:
www.burges-salmon.com
Bristol, London

Nathan Curtis

Tel:
Work 0117 307 6215
Email:
Burges Salmon LLP

Work Department

Energy and utilities.

Position

Partner in the Banking and Finance team, specialising in energy and infrastructure financing. A leader in the finance, commercial and regulatory aspects of renewable energy projects, energy storage solutions, infrastructure and asset finance. Acts for a wide range of banks and other financial institutions, funds, unilaterals, ECAs, sponsors and developers.

Career

Trained at Clifford Chance LLP, qualified 2006; partner at Burges Salmon 2015.

Education

Attended University of Exeter, 1998-2001, BA (Hons) History; BPP Law School, 2001-03, LPC and PgDL.

Leisure

Road cycling, mountain biking, running, duathlon.


South West: Finance

Banking and finance

Within: Banking and finance

By some clients’ reckoning, Burges Salmon LLP’s banking department ‘has proved itself able to stand toe-to-toe with top London firms’. In addition to its core mid-market lending work, the team is highly recommended for senior financing and US private placement transactions and is also instructed by a number of blue-chip borrowers. Department head Richard Leeming advised HSBC Bank on the refinancing of Harbour Hotels by way of a £112m term loan with a £50m accordion option. Similarly, Rachael Ruane acted for RBS on the refinancing of a residential property developer’s revolving credit facilities. On the borrower-side, Leeming assisted National Express Group with two separate $30m bilateral facilities, one with Bank of Tokyo-Mitsubishi, and the other with Bank of America Merrill Lynch International. The group is increasingly instructed by alternative lenders. Indeed, acting across from two Magic Cricle firms, Nathan Curtis acted for a UK asset manager, as mezzanine lender, on a high-value mortgage-backed warehouse facility. Further, the ‘pragmatic’ Graham Soar advised Aerium Finance on the financing associated with the client’s acquisition of units in a Jersey property unit trust; the financing was provided by an ultra-high-net-worth Middle Eastern shari’ah investor. Andrew Eaton is another key contact and senior associates Ed Hobbs and Katie Allen are recommended.

[back to top]

South West: Projects, energy and natural resources

Energy

Within: Energy

Burges Salmon LLP is considered by many as ‘the go-to firm in the South West for pioneering energy deals’ in the nuclear and renewables sectors. The department is differentiated by its prestigious nuclear practice, which includes legal director Ian Truman and Ian Salter, who have experience in major national nuclear projects. In the renewables space, Julian Boswall is acting for Ørsted (formerly DONG Energy) in connection with Hornsea Project One, which is the largest offshore wind project currently under construction in the world. In another key renewable mandate, Ross Fairley acted for Nuon Renewables in relation to the Pen y Cymoedd project, which is the largest wind farm ever constructed in England and Wales. Fairley also advised Maas Capital on its joint venture project with Solarplicity to install solar rooftop facilities to provide energy to roughly 800,000 housing association tenants nationwide. The department is also assisting Wave Hub with a variety of ongoing marine, energy and regulatory concerns, and is increasingly active in conventional power projects. Its growing water practice is led by Michael Barlow. Also recommended are Nick Churchward, who has experience in anaerobic digestion projects, energy regulatory expert James Phillips, Nathan Curtis and associate Alec Whiter.

[back to top]

Project finance and PFI

Within: Project finance and PFI

Burges Salmon LLP is well known throughout the region and nationally for its strength in major energy and infrastructure projects, with the team involved in many of the largest and most sensitive projects across the UK. Brioney Thomas is advising Abellio on all aspects, including funding, of rail and depot works for the East Anglia and West Midlands rail franchises. Thomas is also instructed by Transport for Wales. Also in the transport space, Lloyd James is acting for Costain Group in connection with the development of the M4 relief road in South Wales. Headed by Ian Salter, the team has unique expertise in nuclear energy projects. Gary Soloman is assisting Isle of Anglesey County Council with all aspects of its role in the development of a new nuclear power station at Wylfa. Mark Paterson is advising the Ministry of Defence in relation to the highly publicised Trident project. Additional contacts include William Gard, Keith Beattie, and Nathan Curtis.

[back to top]


IHL Briefings

If your firm wishes to publish IHL Briefings or articles, please contact Antony Dine on +44 (0) 207 396 9315 or antony.dine@legalease.co.uk

 

Capacity for debt? Funding issues and the capacity market

June 2016. By Nathan Curtis

The capacity market, which was introduced as part of the government’s electricity market reform, was established to ensure security of supply in light of the increasing diversity of generation technologies in the UK market. Previous articles from the Burges Salmon team have set out the details of the capacity market and tracked recent updates and consultations. This article provides a high-level overview of the opportunities presented by the market and looks at some of the potential issues prospective investors might encounter. [Continue Reading]

Back to index

Legal Developments by:
Burges Salmon LLP

  • Restoring environmental damage: putting a price on ecosystem services

    On 7 August 2009 a 40-inch pipeline ruptured, spilling 5,400 cubic metres of crude oil into the soil and groundwater of La Crau nature reserve in southern France, a habitat protected under French and European law. The operator had to excavate and replace 60,000 tons of soil, install 70 wells to pump and treat groundwater and 25 pumps to skim oil from surface water, at a cost in the region of €50m. However, this was just the primary remediation (that is, restoring the site to the state it would have been if the damage had not occurred). The operator was also required to compensate for the damage to the habitats and the loss of the ecosystem services that would otherwise have been provided by La Crau nature reserve. Measures included purchasing land outside of the nature reserve and contributing to its management for a period of 30 years (over €1m), monitoring the water table for 20 years (over €500,000), monitoring fauna over three years (€150,000) and rehabilitation in accordance with best available ecological techniques (nearly €2m). Overall, the compensatory restoration (to compensate for the amount of time that the ecosystem was impacted) and complimentary restoration (to compensate for elements of the ecosystem that had been permanently lost) came to more than €6.5m. 

    - Burges Salmon LLP

Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to