Global law firm Ashurst continues to advise the Department for Energy Security and Net Zero, as the Liverpool Bay CCS project reaches financial close.
The Liverpool Bay CCS project is the CO2 transport and storage system of the Hynet Industrial Cluster, which is designed to transport CO2 from capture plants in the North West region to storage in Eni's depleted gas reservoirs under the seabed in Liverpool Bay.
Ashurst has been advising the UK Government on the development and implementation of the CCUS programme since 2020.
Philip Vernon, partner at Ashurst, said: "We are very pleased to have advised DESNZ on bringing the Liverpool Bay CCS project to close, following on from the successful closing of the first two East Coast Cluster projects in December last year."
The Ashurst team advising DESNZ on the different aspects of the CCUS programme is being led by partners Philip Vernon, Anthony Johnson, Harvey Weaver and Alex Biles.
