Baker McKenzie was recognized for its work on the Advanced Clean Energy Storage Project, which received the Net-Zero Transition Award at the 2023 IFLR Americas Awards ceremony.
Located in Delta, Utah, the industry-leading Advanced Clean Energy Storage hydrogen hub is the world's largest renewable energy hub to produce, store and deliver green hydrogen to the Western United States. This project is a key piece of the United States’ hydrogen strategy, which is critical to the country’s commitment to reach carbon zero by 2035.
Led by Partners James O’Brien, Mark Tibberts, Matt Martin and Stanislav Sirot and Of Counsel Heiko Burow, Baker McKenzie provided counsel to Advanced Clean Energy Storage I, LLC, along with Mitsubishi Power Americas, Inc., Magnum Development, LLC and Haddington Ventures, LLC.
The IFLR Americas Awards celebrate the most innovative cross-border transactions from across the region and the law firms, dealmakers and in-house legal teams leading the charge. The Net-Zero Transition Award recognizes a firm, in-house team or project that has taken positive steps towards net-zero transition, through initiatives that improve sustainability, work that helps clients to decarbonize or innovative deals that help develop market practice.
Baker McKenzie is at the forefront of the global energy transition and broader sustainability solutions. We work with clients across every industry enabling them to transform, powerfully to meet the challenges of a fast changing, increasingly complex regulatory environment and intensifying sustainability-related stakeholder demands.