Nicholas Hughes is a partner in our private capital M&A team, providing specialist advice to private equity houses and other private capital providers on their M&A, joint venture and platform transactions in the UK and internationally in the renewable energy and broader Energy Transition sectors. Nicholas is co-head of Clifford Chance's global Energy & Resources sector, and our Africa Practice Leader for Power & Renewables.
Brookfield on the acquisition of a 12.45% minority stake in a 3.5 GW portfolio of four operational UK offshore wind farms from Ørsted: Hornsea 1, Hornsea 2, Walney Extension, and Burbo Bank Extension.
Iberdrola on its acquisition of Electricity North West, one of the UK’s DNOs, for an equity value of £2.1 billion (€2.5 billion).
Actis on a 50:50 joint venture with Fortescue to develop, build, own and operate a large green hydrogen project in Oman.
BlackRock's Diversified Infrastructure fund, Goldman Sachs' West Street Infrastructure Partners and Mubadala Investment Company on the take-private of Calisen Plc, a UK energy infrastructure services provider, and its subsequent merger with MapleCo.
Global Infrastructure Partners on the full exit of its 50% interest in the Hornsea 1 1.2 GW UK offshore wind farm (the world's largest operating offshore wind farm at the time), by way of multiple stake sales to several financial investors.
Axa IM Alts and Crédit Agricole Assurances / Predica on the acquisition of a 50% interest in the Hornsea 2 offshore wind farm from Ørsted Global M&A Deal of the Year, PFI Awards 2022.
Actis and Mainstream on the $1.5 billion sale of Lekela Power to a joint venture between the Infinity Group and Africa Finance Corporation. Africa Renewables Acquisition Deal of the Year 2023, IJInvestor Awards
Actis on the sale of BTE Renewables to Engie and Meridiam for a total enterprise value of US$1 billion.
Iberdrola on the sale of Scottish Power’s portfolio of pumped storage, hydro and gas-fired power generation assets to UK-listed Drax Group plc for £702 million.
International Power on the £18 billion combination of International Power and the international energy division of ENGIE and on the £6 billion recommended takeover by ENGIE.
Nicholas Hughes is "highly thorough", "thinks through issues very carefully" and "comes up with good practical solutions", clients say. He has particular expertise in the energy sector. Chambers UK 2014 London (Firms), Corporate/M&A: High-end Capability
Referenced in Legal 500 2014 London, Projects, energy and natural resources, power and Legal 500 2015, EMEA Africa
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