The UAE's energy and infrastructure sector is a cornerstone of its economy and a focal point of its ambitious diversification plans. Despite being a major oil producer, the UAE is investing heavily in renewable energy, aiming to generate 50% of its energy from clean sources by 2050. This transition has created a thriving market for solar and wind projects, with initiatives like the Mohammed bin Rashid Al Maktoum Solar Park attracting major investment. The government's use of Public-Private Partnerships (PPPs) in sectors like water desalination and waste management is opening new avenues for private sector participation, making the UAE an attractive destination for global infrastructure investors and firms.
The firm's energy practice boasts expertise in both traditional oil and gas and the burgeoning renewable energy sector. In oil and gas, Hadef & Partners advises on a spectrum of matters, from production sharing agreements and joint operating agreements to regulatory compliance. As the UAE diversifies into renewables, the firm has been at the forefront, advising on landmark solar and wind projects. The firm's proficiency extends to structuring innovative financing models, crucial for capital-intensive energy projects, and advising on local content requirements that are increasingly part of the UAE's energy tenders. Additionally, as the sector embraces digitalization, Hadef & Partners provides vital counsel on technology procurement, data governance, and cybersecurity for critical energy infrastructure.