Addleshaw Goddard

This Practice Note summarises the requirements placed on offshore wind generators in relation to the transfer of offshore transmission assets to third party offshore transmission owners (OFTOs). It also examines key issues which arise in respect of the construction and transfer of offshore transmission assets and the ongoing interface between the offshore wind generator and the OFTO.

This Practice Note provides an overview of the requirement on energy suppliers in Great Britain to roll-out ‘smart meters’ for their customers and the typical way in which energy suppliers structure projects to finance smart meters, procure smart meters and install the large volumes of smart meters necessary to do this. It also includes details of the key relevant regulation (including the Energy Act 2008 and the Smart Meters Act 2018), licences and industry codes and the nature and role of the key participants in the smart metering industry (including energy suppliers, Smart DCC Ltd, Ofgem, Meter Asset Providers (MAPS), Meter Operators (MOPs), and lenders).

This Practice Note considers the key differences that exist when creating fixed security over land and buildings between Scots and English law. In particular, it distinguishes between standard security in Scotland and the legal mortgage and also covers registration, advance notices and searches along with taking security over the rental income stream from leasehold property