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Iwan Walters, Partner

Iwan Walters

Partner

Head of Clean Energy and Sustainability MENA

Languages

Welsh Fluent

Practice areas

  • Corporate
  • Energy and infrastructure

Practice notes

Iwan is a partner in the corporate practice and is Head of Clean Energy and Sustainability in MENA and is based in the firm’s Dubai office. Prior to relocating to Dubai in April 2018, Iwan worked for Eversheds Sutherland for 12 years in the UK. His practice focuses on energy projects and clean energy projects in particular. Iwan’s clients range from utilities, private equity and infrastructure funds to banks and developers. He has advised on a wide variety of transactions including corporate reorganisations, joint ventures, equity and debt fund raising, mergers and acquisitions and public takeovers.

Iwan has been very active advising clients on investments and developments of solar PV projects, onshore and offshore wind as well as biomass projects and acts for a number of developers including Suncredit, INRG, Solargise, China Sunergy, Pennant Walters, InfraRed, West Coast Energy, EDF, RWE and Blackrock. Recent examples of his experience include advising:

  • A bidder on the 400 MW DAJ Wind programme in Saudi Arabia.
  • Al Gihaz as shareholder in the 300 MW Sakaka solar pv project in Saudi Arabia.
  • Shell on their acquisition of First Utility who are a leading independent European energy supplier supplying over 800,000 customers at the time of acquisition. The reported consideration for the transaction was between £200 million and £300 million.
  • Greencoat Capital LLP on their acquisition of a 142MW of operating solar PV projects from Canadian Solar Inc. which was the largest solar M&A transaction in Europe in 2018 at the time. The reported valuation of the 24 solar projects was US$267 million.
  • EDF Energy Renewables on its disposal of a majority stake in five operating wind farms to Greencoat UK Wind plc for £98m.
  • The Green Investment Bank and Blackrock on their 194MW Lynn and Inner Dowsing off shore wind project from Centrica/EIG for £423 million.
  • Glennmont Capital on its acquisition and financing of the 38MW Sleaford biomass plant from ECO2 for £165 million.
  • The shareholders of the 44MW Snetterton biomass project on the £160 million sale of its project to Copenhagen Investment Partners.
  • On the proposed acquisition of Neart na Gaoithe 450MW off shore wind farm.

Legal 500 2018 has named Iwan as a “Leading Individual” for project finance and PFI, and corporate and commercial. Iwan was named by Legal Week as one of the up and coming M&A partners in January 2016. He has been listed as a notable practitioner by Chambers & Partners saying that he is “strong on the corporate side of energy work”.

Iwan is a regular speaker at conferences and was appointed as a board member of the Clean Energy Business Council based in Dubai in 2019.

Iwan worked in London and Hong Kong for Freshfields Bruckhaus Deringer before joining Eversheds Sutherland in January 2007.

The Legal 500 - The Clients Guide to Law Firms