Energy prices have continued to rise in recent years and the importance of ‘energy independence’ has received greater public awareness. Ireland is well served by existing operators and an increasingly competitive market is in place in most areas of the energy market.

The Government has long incentivised the generation of green energy using wind power but interest is growing in solar, biomass, tidal and wave powered generation. Some Irish companies are leaders in their fields in many of these areas. At the same time, energy management companies and smart metering offer the potential to greatly increase the efficiency of how we manage our energy usage in the home and at work. Meanwhile, components suppliers and service providers to these sectors stand to benefit from the increased focus on the sector.

These developments offer many opportunities for businesses whether in terms of developing new business models or simply acquiring more efficient energy generation machinery. However, in such a fast-gr0wing sector there are inevitably risks to be overcome and managed and it can be important to be able to take advice from experienced professionals.

Venture Legal Services have experience in these areas and can help to ensure that you achieve your business goals. Peppe Santoro’s representative experience in this area includes:

  • advising a component supplier to the wind generation industry on fundraising and other corporate matters;
  • advising a Danish-listed green energy company on the acquisition and subsequent re-sale of a 20MW wind farm in Co. Laois;
  • advising the developer of a large apartment complex on the deployment of a combined heat and power (CHP) facility to heat and power the entire development; and
  • assisting a number of different investors with due diligence in relation to various energy-related investments.