Portrait of Munir Hassan

Munir Hassan

Partner
Head of the CMS Energy & Climate Change Group

CMS Cameron McKenna Nabarro Olswang LLP
Cannon Place
78 Cannon Street
London
EC4N 6AF
United Kingdom
Languages English, Gujarati, Hindi, Urdu

Munir Hassan is the Head of CMS Energy & Climate Change Group. The Clean Energy practice at CMS is the market leader in the renewables sector in Europe, with a vast portfolio of low carbon projects and transactions across all technologies, particularly offshore wind, onshore wind and solar, and across legal disciplines from M&A and financings through to commercial and regulatory issues and disputes. The practice is also world renowned for its depth in electricity market reform, restructurings, privatisations and reforms of regulatory frameworks.

Munir advises on all aspects of electricity power generation, particularly in the renewables sector, including the securing of the project opportunity (whether merchant or government procured), permitting, dealing with the challenges of a constantly changing commercial and regulatory environment on a national and international level, the commercial arrangements for projects, the subsidy arrangements, the project contracts and construction arrangements.  The team provides the sectoral expertise on M&A transactions, project financings and disputes across the UK, Europe, Asia, Africa and Latin America. Munir is the editor of “Wind: Projects & Transactions” and the CMS Renewables Guide covering 37 jurisdictions.

With more than 450 energy and climate change lawyers, including over 100 partners, the CMS Energy and Climate Change practice is one of the largest of its kind in the world. Led from its centres of excellence such as London and Aberdeen, the practice works across 75 offices globally. Building on 40 years of experience advising on power, oil & gas and renewables through to energy disputes, emerging areas and Energy Transition, CMS is uniquely placed to ensure clients receive advice best suited to their commercial needs and to our collective future.

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"He 'knows so much about the industry', 'He understands what keeps us awake at night'."

Legal 500, 2020

"He is very insightful when it comes to advice and he always provides practical solutions that are tailored to our specific business."

Chambers, 2019

"He knows the offshore wind market exceptionally well." A client said: "His advice was of the best quality, it was on time and it was to the point."

Chambers, 2015

Relevant experience

  • Offshore wind: Advising on most of the UK’s offshore wind projects and transactions, including Moray Firth, Dudgeon, Sheringham Shoal, Forewind, Gwynt y Mor Njord, Heron and other SMart Wind projects, Blyth, Navitus Bay, Rhyl Flats, First Flight Wind project in Northern Ireland, Hywind, Galloper and Triton Knoll. International offshore wind experience includes advising the Kansai Electric Power Co. on its participation in a consortium led by Glennmont Partners which has acquired a 50% ownership share in Germany’s 900MW Borkum Riffgrund 3 offshore wind farm from Ørsted.
  • Onshore wind: Advising on a significant number of projects and transactions, including Scout Moor, Little Cheyne Court, Tir Mostyn, Lake Turkana (Kenya), Singida (Tanzania) and Tesla / Dolovo (Serbia).
  • Other technologies: Advising on conventional gas and coal fired power projects, biomass projects, tidal and wave projects (including the first tidal barrage, Swansea Bay Tidal Lagoon), a large number of solar projects and transactions, energy from waste projects, district heating, energy storage projects and on the White Rose, Humber, Longannet and Kingsnorth carbon capture and storage projects.
  • Nuclear power: Advising the shareholders in Horizon Nuclear Power on Nuclear New Build; RWE Npower on new nuclear power stations proposed in the UK on two sites at Anglesey  and Gloucestershire; Vattenfall in relation to its bid for British Energy; on the drafting of new nuclear decommissioning fund legislation in Slovakia.
  • Electricity market reforms: utility restructurings and privatisations: Advising on successive reforms in the UK electricity market since the New Electricity Trading Arrangements in 1999, CFDs for Dudgeon, Heron, Njord and CCS, on the Capacity Market arrangements, and on market reforms and restructurings in Mexico, Turkey, Saudi Arabia, seven countries in South East Europe and Ireland. Also advised on retail market reform in Northern Ireland and Saudi Arabia
  • Reform of regulatory frameworks: Advised on the establishment of a new legal and regulatory framework in Saudi Arabia, Botswana and South Africa.
  • Energy networks: Drafted the Grid Code or Connection and Use of System Codes for England & Wales (now extended to GB), Northern Ireland, Turkey, Saudi Arabia and Italy and advised TSOs and TNOs in a number of jurisdictions.
  • Commercial, project and regulatory advice: Advising on commercial and regulatory arrangements on power projects, including offtake (PPA) agreements, grid connections, offshore and onshore leases, regulatory compliance, fuel supply arrangements, EPC and O&M arrangements, TSAs and decommissioning arrangements.
  • Other utility sectors: Advising in other regulated sectors such as gas (including multi-utility arrangements), water (bid for Thames Water), rail (establishment of Network Rail) and airports (bid for Gatwick Airport).
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Awards & Rankings

  • Word About Wind - Offshore Wind Deal of the Year 2021 for Empire & Beacon Wind in New York.
  • M&A Today - Energy & Natural Resources Lawyer of the Year 2021 (UK).
  • Leaders in Law Global - Energy Lawyer of the Year 2021 (UK).
  • Corporate America Today - Energy & Natural Resources Lawyer of the Year 2021.
  • Global Law Experts - Energy Lawyer of the Year 2021.
  • IFLR1000 - Highly Regarded in Energy in 2021.
  • Lawyer International Legal 100 - Energy & Natural Resources Lawyer of the Year 2021.
  • The Lawyer Network - Energy & Natural Resources Lawyer of the Year 2021 (UK).
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Education

  • LLB (Hons) - University of Nottingham.
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Feed

23/10/2022
ACC An­nu­al Meet­ing
CMS - Meet our ex­perts at booth #233 More than 70 per­cent of the world’s pur­chas­ing power is loc­ated out­side of the United States. So for US com­pan­ies, es­tab­lish­ing or grow­ing their busi­ness and in­vest­ments with their main trade part­ners – wheth­er in the UK, the European Uni­on, China, Africa or the Middle East – is es­sen­tial for their suc­cess.However, do­ing busi­ness in di­verse mar­kets, each with its unique leg­al en­vir­on­ment and ways of prac­ti­cing law, re­quires spe­cial­ist know­ledge. Our more than 5,000 law­yers world­wide provide busi­ness-fo­cused ad­vice, wheth­er in a single mar­ket or across mul­tiple jur­is­dic­tions. Our fo­cus is on build­ing long-term part­ner­ships to keep our cli­ents ahead in their chosen mar­kets.CMS is pleased to be spon­sor­ing the As­so­ci­ation of Cor­por­ate Coun­sel (ACC) An­nu­al Meet­ing from 23 - 26 Oc­to­ber in Las Ve­gas (NV). Be­low you can find an over­view of our part­ners at­tend­ing the ACC an­nu­al meet­ing, rep­res­ent­ing a range of jur­is­dic­tions, prac­tice areas and sec­tor spe­cial­isms . To ar­range a meet­ing, please con­tact events@cmsleg­al.com or vis­it us at booth #233.CMS law­yers will be par­ti­cip­at­ing in the fol­low­ing pan­el dis­cus­sions:UK-based Part­ner and Head of the CMS En­ergy & Cli­mate Change Group Mu­nir Has­san -  “Are you an En­ergy Law­yer? How En­ergy touches Every Busi­ness”CMS Bel­gi­um Part­ner Soph­ie Berg -  “In­ter­pret­ing the EU Whis­tleblower Dir­ect­ive: Key Steps to En­sure Com­pli­ance”.For more in­form­a­tion about the ACC An­nu­al meet­ing and the pro­gramme, please vis­it their web­site here.To find out more about CMS, vis­it the About CMS sec­tion.For fur­ther in­form­a­tion, please see our part­ners at­tend­ing the con­fer­ence in the gal­lery be­low and an over­view of all our ex­pert­ise areas.
05/08/2022
UK Gov­ern­ment to con­sult on fun­da­ment­al re­form of GB Elec­tri­city Mar­ket
The UK Gov­ern­ment’s De­part­ment for Busi­ness, En­ergy and In­dus­tri­al Strategy (“BEIS”) has pub­lished a wide-ran­ging con­sulta­tion on the most sig­ni­fic­ant piece of elec­tri­city mar­ket re­form in a dec­ade...
28/07/2022
En­ergy Bill 2022: In­de­pend­ent Sys­tem Op­er­at­or and Plan­ner and gov­ernance...
On 6 Ju­ly 2022, the En­ergy Bill (the “Bill”) was pub­lished, which aims to drive the en­ergy trans­ition to­wards “cheap­er, clean­er and more se­cure en­ergy” as set out in the Queen’s Speech on 10...
14/07/2022
En­ergy Bill 2022 - Hy­dro­gen and CCUS
The En­ergy Bill 2022 (the “Bill”) was in­tro­duced on 6 Ju­ly 2022. The bill cov­ers car­bon cap­ture and stor­age, hy­dro­gen pro­duc­tion, reg­u­lat­ory re­form, bat­tery stor­age pro­pos­als, elec­tri­city net­works...
15/06/2022
Ofgem pub­lishes minded-to de­cision and fur­ther con­sulta­tion on Path­way...
In Ju­ly 2020, the Off­shore Trans­mis­sion Net­work Re­view (“OT­NR”) was launched with the ob­ject­ive of en­sur­ing that the trans­mis­sion con­nec­tions for off­shore wind gen­er­a­tion are de­livered in the most...
14/06/2022
Off­shore Trans­mis­sion Net­work Re­view: Up­date on An­ti­cip­at­ory In­vest­ment...
In­tro­duc­tion In sup­port of the UK Gov­ern­ment’s off­shore wind and net zero am­bi­tions, the Off­shore Trans­mis­sion Net­work Re­view (the “OT­NR”) aims to de­liv­er im­prove­ments in the way that off­shore gen­er­a­tion...
09/06/2022
Elec­tri­city Mar­ket Re­form – Tak­ing stock
The En­ergy Act 2013 (the “Act”), whose stated aim was to de­liv­er se­cure, af­ford­able and low car­bon en­ergy to UK con­sumers, re­quires five-yearly re­views (the “Re­view”) of the pro­vi­sions of the...
06/06/2022
Nod­al Pri­cing to Achieve Net Zero: Na­tion­al Grid ESO pub­lishes its con­clu­sions...
On 24 May 2022, Na­tion­al Grid ESO (the “ESO”) pub­lished the Net Zero Mar­ket Re­form – Phase 3 As­sess­ment and Con­clu­sions (the “ESO Re­port”). The ESO Re­port is part of the ESO’s Net Zero Mar­ket...
23/05/2022
Off­shore Trans­mis­sion Net­work Re­view: up­dates on multi-pur­pose in­ter­con­nect­ors 
On 14 April 2022, Ofgem pub­lished its con­sulta­tion on its minded-to de­cision on the ap­proach to multi-pur­pose in­ter­con­nect­ors (the “Ofgem Con­sulta­tion”). The Ofgem Con­sulta­tion sets out the pro­posed...
12/05/2022
UK QUEEN'S SPEECH - Im­pact on the en­ergy sec­tor
On Tues­day 10 May 2022, the UK gov­ern­ment un­veiled its an­nu­al le­gis­lat­ive agenda, in­clud­ing those laws that will help drive the en­ergy trans­ition to­wards “cheap­er, clean­er and more se­cure en­ergy”...
11/04/2022
En­ergy Se­cur­ity Strategy – an an­swer to the UK’s en­ergy tri­lemma?
On 7 April 2022, the UK gov­ern­ment pub­lished its en­ergy se­cur­ity strategy (the “Strategy”) aimed at in­creas­ing do­mest­ic sup­plies of en­ergy in the wake of rising glob­al en­ergy prices and volat­il­ity...
31/01/2022
Time for trans­ition: En­ergy M&A 2022
While world lead­ers have been gath­er­ing for COP meet­ings for dec­ades, what made COP26 per­haps par­tic­u­larly not­able is that the private sec­tor also gathered in force, and with a com­mit­ment and de­term­in­a­tion to be a key driver in the de­car­bon­isa­tion of the world’s eco­nom­ies.  In pre­vi­ous years, there have been mur­mur­ings from vari­ous cor­por­ates that to make so­cial or en­vir­on­ment­ally driv­en in­vest­ment de­cisions may not align with their fi­du­ciary duty to act in the in­terests of share­hold­ers. As share­hold­er act­iv­ism has driv­en the de­bate in­to board­rooms from above, this at­ti­tude is rap­idly re­vers­ing dir­ec­tion. While re­turns are gen­er­ally seen as lower in the clean sec­tor com­pared to, say, the oil & gas sec­tor, be­ing in­ves­ted in the green trans­ition is in­creas­ingly seen as a key route to pre­serving and pro­tect­ing share­hold­er value. At the same time, vol­un­tary and man­dat­ory cli­mate re­lated dis­clos­ures are align­ing the drivers for in­vestors across the board so that cap­it­al is in­creas­ingly driv­en by the met­rics they pro­duce.  This is be­ing re­flec­ted in, among oth­er things, the plum­met­ing cost of cap­it­al for green in­vest­ments. At the same time high car­bon in­tens­ive in­vest­ments, such as coal based pro­jects and busi­nesses, are strug­gling to se­cure fund­ing, with many fa­cing in­solv­ency. In­vest­ments in the en­ergy trans­ition, a key part of the green trans­ition, will prin­cip­ally take the form of M&A. The out­come of COP26 and the mo­mentum it has gen­er­ated means that European deal­makers in the en­ergy sec­tor will be even busier in 2022. Europe leads the world in the en­ergy trans­ition and the race to net zero is driv­ing near-re­cord levels of deal­mak­ing – not­ably in wind and sol­ar photo­vol­ta­ic gen­er­a­tion.At the same time, the en­ergy trans­ition is both ex­pand­ing and frag­ment­ing the en­ergy sec­tor. For many, it has tra­di­tion­ally been fo­cused on en­ergy gen­er­a­tion. The trans­ition is bring­ing to the fore less vis­ible tech­no­lo­gies. Everything from tra­di­tion­al hy­dro­power to grid-scale bat­ter­ies, elec­tri­fic­a­tion of trans­port and hy­dro­gen. It is also bring­ing in­to the mix sec­tors that have not tra­di­tion­ally been fo­cused on en­ergy, such as in­dus­tri­al de­car­bon­isa­tion, ship­ping and min­ing for the nat­ur­al re­sources needed for the en­ergy trans­ition. In par­al­lel with this, there is a huge and grow­ing story around en­ergy trans­mis­sion and dis­tri­bu­tion. Elec­tri­city net­works will need to ex­pand massively to fa­cil­it­ate elec­tri­fic­a­tion and new tech­no­lo­gies. They are also be­com­ing smarter with the use of di­git­al tech­no­logy to op­tim­ise the way power is dis­trib­uted, traded and con­sumed. Fur­ther, new types of net­works may provide in­vest­ment op­por­tun­it­ies for those look­ing for stable long term as­sets, such as hy­dro­gen and car­bon net­works.Against this back­ground, tra­di­tion­al fossil fuel-based play­ers are de­car­bon­ising their op­er­a­tions. For the oil and gas ma­jors, this means ac­quir­ing or sig­ni­fic­antly en­han­cing their cap­ab­il­it­ies in re­new­ables, in­clud­ing wind, sol­ar and hy­dro­gen, while sim­ul­tan­eously di­vest­ing se­lec­ted car­bon-in­tens­ive as­sets in re­sponse to mount­ing ESG pres­sures. This may be one of the reas­ons why 50% of re­spond­ents in our study point to dis­tress-driv­en deals as a top sell-side driver.Change is en­dem­ic in the en­ergy sec­tor, but the cur­rent trans­ition makes the years since lib­er­al­isa­tion of en­ergy mar­kets in the late 1980s seem al­most steady-state in com­par­is­on. Des­pite the mo­mentum and push for cap­it­al to be in­ves­ted in the en­ergy trans­ition, there re­main obstacles, not least the lim­ited pipeline of good qual­ity in­vest­ment op­por­tun­it­ies, con­tinu­ing con­cerns over lock­downs and COV­ID-19 vari­ants, fin­an­cing dif­fi­culties arising from po­ten­tially un­stable long term rev­en­ue streams and di­min­ish­ing rates of re­turn. Not­with­stand­ing these chal­lenges, our study finds that en­ergy sec­tor M&A will in­creas­ingly be an en­gine driv­ing cap­it­al in­to pro­pos­i­tions that match so­cial and polit­ic­al am­bi­tions for the green trans­ition. Key find­ings  En­ergy re­mains a premi­um as­set class for most in­sti­tu­tion­al in­vestors, with its per­form­ance dur­ing the pan­dem­ic and im­petus from COP26 fur­ther en­han­cing its at­tract­ive­ness75% of en­ergy com­pan­ies are con­sid­er­ing an ac­quis­i­tion and/or di­vest­ment in 2022Along­side premi­um as­sets, in some sub­sect­ors there are un­der­val­ued tar­gets driv­ing buy-side activ­ity, with sellers shed­ding dis­tressed as­sets as the sec­tor shifts in re­sponse to the en­ergy trans­ition45% think COV­ID-19 will be a ma­jor M&A obstacle in 2022, but this re­mains a flu­id situ­ation that can change rap­idly