In line with the global shift in focus toward greener energy sources, Mattos Filho has announced the launch of its energy transition practice.
The new area will serve companies interested in decarbonizing their business operations, including those in the electric power and O&G sectors, as well as their investors, financiers, and service providers.
A pioneering initiative among Brazilian full-service law firms, the new practice is comprised of a multidisciplinary team with specialists in energy, financing, transactions, contracts, litigation, tax, sustainability, and ESG.
In an effort to meet their decarbonization targets, countries, companies, and the financial sector have all been ramping up discussions regarding new sources of clean energy. This has become even more pertinent with rising geopolitical tensions linked to the war between Russia and Ukraine, rising energy prices and the global post-pandemic scenario. The debate has progressed across various economic sectors and has led a number of governments to establish incentives and regulations, particularly in the United States and Europe.
“We always keep an eye out for new market innovations and trends,” affirmed Mattos Filho’s managing partner, Roberto Quiroga (pictured). “In regard to energy transition – an issue discussed at the international level – we can see Brazil has the potential to lead the way. Taking advantage of the firm’s collaborative work model, the new practice will ensure our clients have the best professionals at their disposal to meet the specialized demands the energy transition process requires.”
In seeking to boost the race for innovation in the energy sector and advise companies engaged in energy transition, Mattos Filho’s newest practice assists with the organization and operation of projects regarding biofuels, natural gas, biogas and hydrogen, clean or renewable energy generation and distribution, as well as the development and implementation of new technologies associated with the sector.