Philip Vernon is a senior consultant in our projects practice
Philip specialises in infrastructure projects, with particular experience of PPP across the infrastructure sector, including energy, water, waste, health, education, defence, transport and telecoms. Philip also has experience of securities issues, corporate finance, restructuring, business acquisitions and joint ventures.
His clients include the UK Government, funders, sponsors and contractors. He has, in the last few years, been playing an increasing role in advising on the management and restructuring of distressed PFI/PPP projects and assisting the UK Government on wider advisory roles on its Finance & Complex legal panel.
With the onset of the Covid-19 crisis, Philip's roles included advising H M Treasury and British Business Bank on the structuring and delivery of the Future Fund to invest in UK start-ups and advising the Department for Transport on support for the aviation industry, including arrangements for essential "airbridge" passenger services between Northern Ireland and Great Britain.
In recent years, Philip has also been advising on nationally significant infrastructure programmes which will support the recovery of the UK economy and the Government's net zero policy. These mandates include advising the Department for Energy Security and Net Zero (DESNZ) on its carbon capture usage and storage programme, including financial close of the NEP/NZT projects within the East Coast Cluster (December 2024) and the Liverpool Bay CCS project within the Hynet Cluster (April 2025).
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News Ashurst advises UK Government on closing of Liverpool Bay CCS project
24 Apr 2025
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News Ashurst advises UK Government on closing of UK's first CCUS projects
10 Dec 2024
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News Philip Vernon recognised in The Lawyers Hot 100
17 Jan 2022
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News Double success for Ashurst at the British Legal Awards
18 Nov 2021
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News Ashurst jointly advising RollsRoyce Plc and Babcock on the sale of their interests in AirTanker
13 Sep 2021
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