Private equity investments under the UK’s new national security screening regime

The implications of the UK’s proposed national security investment screening regime have been widely debated since the National Security and Investment Bill (NSI Bill) was introduced to Parliament on 11 November 2020 (see here for our previous detailed briefing). However, as the NSI Bill progresses through the House of Lords, there has been a notable … Read more

Healthcare as an Infrastructure asset

The search for yield is driving infrastructure investors to expand beyond typical core infrastructure assets into core+ or ‘infra-like’ assets. As part of this, infrastructure funds are increasingly looking at capital-heavy healthcare assets like hospitals and diagnostic imaging. Healthcare assets exhibit many similar characteristics to core infrastructure assets, particularly if investors ‘think outside the box’ … Read more

Subsidy Control in the UK following the end of the Brexit Transition Period

The post below was first published on our Competition blog The EU State aid regime in its current form ceased to be applicable in the UK as at the end of 31 December 2020, when the Brexit transition period expired. Going forward, State aid or “subsidy control” in the UK will be based on the subsidy control … Read more

Key Legal Issues in Mobile Towers Acquisitions and Investments

This is the third post in a three-part series focussing on key legal issues in data centre, fibre and towers acquisitions and investments. See our post on data centre investments here and fibre investments here. Overview The ever increasing demand for connectivity is set to lead to a transformation of the digital infrastructure on which … Read more

Rule against penalties: Singapore Court of Appeal affirms Dunlop test

The decision of the Singapore Court of Appeal on 15 December 2020 in Denka Advantech Pte Ltd & another v Seraya Energy Pte Ltd & another [2020] SGCA 119, has affirmed that, under Singapore law, the rule against penalties remains as stated by Lord Dunedin in Dunlop Pneumatic Tyre Company, Ltd v New Garage and Motor Company, Limited [1915] … Read more

Key Legal Issues in Fibre Network Acquisitions and Investments

Key Legal Issues in Fibre Network Acquisitions and Investments This is the second post in a three-part series focussing on key legal issues in data centre, fibre and towers acquisitions and investments. See our post on data centre investment here. Overview The ever increasing demand for connectivity is set to lead to a transformation of the … Read more

Wind farm assets: chattels or fixtures? The Ararat Wind Farm case

The Supreme Court of Victoria has confirmed that wind farm assets on leased land do not constitute land to be valued. This is significant in the context of Victorian Fire Services Levy, duty and income tax on sale for foreign investors. A recent test case in the Supreme Court of Victoria in AWF Prop Co … Read more

Green finance and innovation – point 10 of the UK Government’s Ten Point Plan

In the final limb of its Ten Point Plan (the Plan), the Government acknowledges the significant investment required to achieve net zero through the developments and innovations elsewhere in the Plan. It seeks to leverage public and private sources of financing, increasing investment in research and development (R&D) while cultivating a green finance sector, including … Read more

Protecting our natural environment – point 9 of the UK Government’s Ten Point Plan

Recognising that the natural environment plays a key role in capturing and sequestering carbon, and with the objective of reversing environmental harm and enhancing biodiversity, the government has committed to “safeguard our cherished landscapes, restore habitats for wildlife…and adapt to climate change, all whilst creating green jobs” through plans that include the planting of 30,000 … Read more