A partner in the Energy, Infrastructure Project and Asset Finance Group in London and global head of the Power Industry Group, Kirsti Massie's clients benefit from her experience working in-house at large international energy companies.
Her clients value her understanding of power projects that include both traditional thermal generation and renewable technologies. Project sponsors, developers and financial institutions seek her discerning input into all aspects of the development of new-build and existing energy projects in jurisdictions around the world.
Kirsti's track record in fuel supply arrangements, power offtake arrangements and tolling agreements spans the UK, Europe, Africa and the Middle East. She also has practical understanding of energy and emissions trading, and capacity arrangements for interconnectors and trans-border gas pipelines.
In renewables, Kirsti's clients benefit from her considerable experience in the field of renewable projects, including major wind farm, solar farm and biomass developments.
Law Society Finals
Ayoun Moussa coal-fired power project, 2014
Advised the project company in connection with the construction and development of a 1,320MW coal fired power plant and associated facilities in Ayoun Moussa, Egypt.
DEWA Hassyan Clean Coal power project, 2014
Advised the Dubai Electricity & Water Authority (DEWA) in connection with the development and financing of the 1,200 MW Hassyan Clean Coal power project in the Emirate of Dubai.
Mozambique coal-fired power project, 2013
Advised on issues relating to the construction of a 300MW coal-fired power plant in Mozambique, including the power purchase agreement, power concession agreement, grid connection arrangement and the coal supply arrangements.
Landsvirkjun interconnector project, 2012
Advised Landsvirkjun in connection with a proposed landmark multi-billion dollar interconnector from Iceland to the UK.
Eskom Baseload IPP program, 2012
Advised Eskom in connection with their flagship multisite baseload IPP program in South Africa.
Crucea North wind farm project, 2012
Advised STEAG GmbH in connection with the financing of the development of the Crucea North 108 MW wind farm project in Romania, including advice on offtake arrangements.
Eleclink interconnector project, 2011
Advised Star capital and Eurotunnel in connection with Eleclink, a UK/Mainland Europe interconnector, providing advice on EU and UK regulation, exemption applications, licensing and connection arrangements.
Gebze CCGT, 2011
Advised the Turkish lead arrangers (Yapı ve Kredi Bankası A.Ş., Türkiye İş Bankasi A.Ş., Vakiflar Bankasi T.A.O. and Türkiye Garanti Bankasi A.Ş.) in connection with the US$1 billion project financing of the development and operation of an 865 MW gas-fired combined cycle power plant in Gebze, Turkey. This deal was selected as 2011 Turkish Deal of the Year by Project Finance International magazine, as 2011 European Power Deal of the Year by Project Finance magazine, and as 2011 Power Deal of the Year by Infrastructure Journal.
Nord Stream gas pipeline project, 2011
Advised Nord Stream AG in connection with Phase 1 and Phase 2 of the €9bn Nord Stream gas pipeline project connecting the Russian and European gas grids, which raised €6.5bn of debt in the international project finance market (supported by Hermes, SACE and UFK).
Nabucco Gas pipeline project, 2011
Advised the lenders on the proposed US$multi-billion Nabucco pipeline project. The pipeline was to link Turkey and Austria – one of the most important gas hubs in Central Europe – via Bulgaria, Romania and Hungary.
Durrants and Ebbsfleet solar farms, 2011
Advising Bayern LB in connection with the Durrants and Ebbsfleet solar farms in the UK, including advice on the UK feed-in tariff mechanism.
"What Can be Done to Boost the Investment Attractiveness of Non-Renewable Energy Assets?", November 2014: Infrastructure Investors Forum, Energy and Renewables, London
"The Nigerian power legal/regulatory framework, financing consideration and the power sector reform agenda", May 2013: IFLR Africa Forum, London
"International Frameworks for Carbon Capture and Storage", March 2009: 7th Doha Natural Gas Conference and Exhibition, Doha, Qatar
Electricity Regulation – Getting the Deal Through, UK Chapter, Client Alert, 2014 and 2015
Energy set for shale of a time, The Lawyer, 2 September 2013
UK electricity market reform: the road ahead, Client Alert, June 2013
New EU regulation offers LNG Market Benefits, LNG Review, 2010