Andrew Newbery

To promote Gowling WLG's international, sector-focused approach, Andrew recently became the firm's first Head of Sectors recognising his wealth of commercial and legal experience across many countries and across many of the firm's sectors. Beyond his fee earning responsibilities, Andrew's Head of Sector responsibilities include promoting our deep sector knowledge through maximising cross-firm engagement.

Although Andrew practices as a transactional lawyer, he is also a member of the Chartered Institute of Arbitrators.

Andrew's legal career started more than 30 years ago as a paralegal at Cravath in New York City. He has subsequently been based in offices in Europe, Asia and the Gulf. He is currently based in the Gowling WLG's London office.

Much of Andrew's legal experience has been built on finding ways of bringing to bear a variety of long term capital sources (debt and equity) into the development and financing of nationally or internationally significant infrastructure projects – particularly innovative projects providing "Clean Energy" solutions. The Thames Tideway NSIP and NeuConnect (see further below) are but two recent examples of internationally significant, multi-stakeholder projects to have attracted long term pension fund capital through appropriately structured delivery models.

Andrew's long and diverse international experience includes – just prior to joining Gowling WLG - being one of the three individuals who, in 2015, devised, seed-funded and developed[1] the Germany to UK NeuConnect HVDC interconnector project. Because of the nature of the delivery model initiated by the founders, the NeuConnect project was later able to attract significant investment from long-term capital, including from Allianz. NeuConnect will play a significant role in delivering NetZero as well as helping to address the other elements of the energy trilemma[2] – i.e. (i) security of energy supply and (ii) affordable energy. NeuConnect's Euro 2.8 billion project financing achieved financial close in summer 2022.

Since joining Gowling WLG, Andrew has built on his commercial experience starting NeuConnect as well as on his commercial experience as Head of Commercial to Thames Water on its successful procurement of the £4.2 billion Thames Tideway Tunnel. This is a RAB-based delivery model which is being adopted and adapted in the nuclear sector for Sizewell C[3] and in the water sector as part of Ofwat's Direct Procurement for Customers programme. The Tideway project also attracted long-term capital investment from the likes of Allianz, and other RAB model variants for projects such as those for Sizewell C, DPC and SMRs and are expected to prove attractive to long term capital providers too.

Andrew's role as Head of Commercial on the Tideway scheme also gave Andrew at the coalface experience of one of the UK's largest and most complex DCOs, including commercial experience of how to manage multi-stakeholder engagement and judicial review challenges. The same project gave Andrew direct experience of tunnelling and tunnel boring related matters and also experience of developing a complex alliancing delivery model with appropriate incentivisation mechanisms for success. Andrew was also involved in developing Tideway procurement strategies and associated business cases.

Andrew also advises on the financing of mining projects in emerging and other markets, including providing unique investment structures to suit the differing requirements of different types of capital[4].

Recent transactional experience includes:

  • Andrew has recently (2022) been advising on six project financings in Saudi Arabia, these all include debt capital from Islamic finance institutions.
  • Andrew is the firm's relationship partner for the Nuclear Decommissioning Authority and is actively involved in a number of UK and international mandates in the nuclear sector.
  • PFI handback / Expiry. Co-lead partner advising authority on the expiry and handback of some of the earliest and largest UK PFIs (2018-2022) such as HMRC's STEPS PFI accommodation project.
  • Recently advised several Japanese-led consortia on the project financing aspects of their bids for power, water and HVDC interconnector projects in the UAE. Andrew has been involved in more than 15 'Abu Dhabi model' I(W)PPs (or equivalent) since 1999.
  • Advised Siemens' consortium on power generation project - the first successful greenfield project financing in Armenia which achieved financial close in 2019 (2017-19).
  • Advised Bacanora on Eurobond project financing of Lithium mine in Mexico which reached financial close in July of last year (2019).
  • Part of team advising Highways England on the procurement of the £1.5+ billion A303 Stonehenge tunnel, including being involved in the development of the initial OBC and the consideration of interface issues with DCO matters being led by a different firm (2018-22).

Footnotes

[1] Carry sold to TEPCO in August 2022
[2] Energy policy: an overview
[3] Regulated Asset Base (RAB) model for nuclear
[4] Energy: What does the UK's new strategy say?

Career & Recognition

Filter timeline:
  • 2022

  • 2021

  • 2020

    • Rankings & Awards
      October 2020
      Legal 500 UK 2021 - Leading Lawyers - Water, London
  • 2019

    • Rankings & Awards
      September 2019
      Legal 500 2020 Leading Individuals - Water
    • Rankings & Awards
       2019
      Chambers (UK) 2020 - Energy & natural resources: Power - Band 3
  • 2016

    • Career
       2016
      Gowling WLG, Partner
  • 2015

  • 2014

    • Rankings & Awards
       2014
      Who's Who Legal Business Lawyers
  • 2013

    • Career
       2013
      Chartered Institute of Arbitrators, Advanced Certificate in International Arbitration
    • Career
       2013
      Thames Tideway Tunnel Project, senior consultant/commercial adviser as Thames Water's Head of Commercial
    • Career
       2013
      VN Consulting Ltd, Director
    • Rankings & Awards
       2013
      Who's Who Legal Business Lawyers
  • 2008

    • Career
       2008
      Herbert Smith, Managing Partner, Abu Dhabi Office
  • 2006

    • Career
       2006
      Herbert Smith, London, Partner
  • 2001

    • Career
       2001
      Norton Rose Group, Partner
  • 2000

    • Career
       2000
      New York Bar
  • 1994

    • Career
       1994
      Norton Rose Group, Associate
    • Qualifications (Year of Call/Admission, etc.)
       1994
      Qualified, Solicitor of England & Wales
  • 1992

    • Career
       1992
      Norton Rose, London and Singapore, Articled Clerk
  • 1991

    • Education
       1991
      College of Law, York
    • Career
       1991
      Cravath, Swaine & Moore, New York, Paralegal