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Coronavirus- Global Update

  • United Kingdom
  • USA
  • Energy and infrastructure - Clean energy

19-03-2020

As Covid-19 continues to disrupt the clean energy sector we want to do what we can to help you.

Free Global Webinar

We will be hosting a global webinar on 25 March 3pm (UK time) which will provide practical advice around many of the problems being faced. Some of which are set out below:

  • Global supply chain disruption, noting the differences across technologies and stages in project lifecycle
  • Maintaining business operations and the impact of a reduced workforce
  • Workforce management (including reducing salaries, redundancies, enforced ‘leave’)
  • Reducing power prices and power price forecasts due next week
  • Understanding and accessing governmental support packages

And the impact this has on:

  • Access to and cost of capital for new projects and compliance with financial covenants/agreeing new banking arrangements/contingency plans for existing projects
  • Longer term management of litigation exposure
  • Insurance cover and notification issues
  • Balancing and allocating risk of Covid-19 disruptions in M&A transactions
  • Meeting regulatory/subsidy/tax credit timeframes due to delays
  • Regulatory disclosure to the market of impact of adverse market conditions
  • Impact on other project deliverables (including PPAs)
  • Supply chain triage including force majeure notices (receiving and issuing)

Sign up to the webinar

For an Eversheds Sutherland summary of today's AFRY (formally Poyry) webinar on European power demand please click here.

Covid-19 Clean Energy Hot Line

We have also set up a Covid-19 Clean Energy Hotline for existing clients. Details of this are set out below.

Our 150 strong global Clean Energy and Sustainability Team is working and available 24/7 and our focus will be on helping you where we can to effectively manage the challenges facing your business.

Our team is here to help you. Please reach out and we will do all we can.

Hotline details

For enquiries outside the US: Meganjames@eversheds-sutherland.com

For enquiries inside the US: christinabuensuceso@eversheds-sutherland.us

Your enquiry will be picked up and directed to the appropriate person in the firm within one hour (during UK or US business hours as appropriate).

For more information contact

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