Head of Corporate, UK
Head of Corporate, UK
78 Cannon Street
Charles is the Head of Corporate at CMS UK. For nearly 20 years he has advised utilities, generators, developers, funds and other financial investors on transactions in the energy and infrastructure sectors.
Charles has advised on some of the highest value and most complex transactions in the energy sector, and for many years he has been recognised as one of the leading energy and infrastructure lawyers in the UK. He has advised on transactions with a cumulative value in excess of £100bn.
- A consortium of infrastructure investors, led by AMP Capital, on its acquisition of a majority stake in Angel Trains, the UK’s largest railing leasing company, for an enterprise value of over £3.5 billion.
- National Grid on a number of transactions that have helped shape the energy sector in the UK, including the restructuring of Great Britain’s gas distribution industry and the GBP 5.9bn auction and sale of a number of National Grid’s gas distribution networks, the GBP 14.8bn recommended merger with Lattice Group Plc and the USD 3bn acquisition of Niagara Mohawk.
- CKI and Power Assets Holdings (formerly Hong Kong Electric) on the acquisition of Wales & West Utilities, the gas distribution network in the UK, for an enterprise value in excess of GBP 2bn.
- Arcapita Bank on its acquisition of Freightliner, the UK freight rail business.
- NIE on the sale of SONI Limited to EirGrid Plc.
- CKI, CKH and PAH on the EUR 940m acquisition of AVR Afvalalwerking B.V., the largest energy from waste business in the Netherlands, from a consortium of funds.
- National Grid on its joint venture with Statnett to develop, construct and operate the UK/Norway interconnector.
- National Grid, SSE and Scottish Power on their joint venture to develop the Eastern Link transmission project.
- A consortium comprising Borealis Infrastructure and SSE on their proposed acquisition of EDF’s UK electricity transmission networks.
- RWE on the disposal of its 50% stake in Horizon Nuclear Power, its joint venture with E.ON to develop new nuclear power stations in the UK, to Hitachi for GBP 696m. Charles had advised RWE on the formation of the joint venture in 2009 and its successful participation in the auction process to acquire nuclear sites from the NDA and EDF.
- CKI, CKH and PAH on their bid to acquire Fortum’s electricity distribution network in Finland.
- Vattenfall on its GBP 12bn bid to acquire British Energy, the UK nuclear generation company, in a consortium with RWE.
- RWE Innogy on the sale of stakes in the EUR 2bn Gwynt y Mor offshore wind farm project to Stadtwerke Munchen GmbH and Siemens AG and on the resulting joint venture.
- AMP Capital on its acquisition of a 49% stake in Newcastle Airport from Macquarie and on the resulting joint venture with the LA7.
- Siemens and Mainstream Renewable Power on the disposal of the Hornsea Zone 3 offshore wind projects.
1995 – LLB, King’s College, London
1996 – LPC, College of Law, London
Charles contributed the chapter on M&A in the book “Wind: Projects & Transactions” published by Globe Law & Publishing.