Legal advice, tax structuring, transaction support services, and business matchmaking on Thailand’s renewable energy markets

PUGNATORIUS Ltd. is the Bangkok-based specialist provider of transactional legal and tax advice on foreign investments in Thailand’s manufacturing and service industries as well as property developments and acquisitions. The law firm is one of the leaders and proven market makers in the renewable, especially solar energy industry.

During the last years, PUGNATORIUS Ltd. has been assigned by medium and big investors, developers, and promoters as well as a few of the truly global market players headquartered in Europe, U.S., and Asia. The law firm has been the speaker on various international renewable energy conferences and is frequently quoted in corporate press releases, magazine articles, and Thailand country reports.

PUGNATORIUS Ltd. possesses a broad scope of industry experiences and years of unique know-how, acting as an arranger in huge scale solar projects, advising clients on the acquisition of solar farms, the commercial, corporate and tax structuring of solar rooftop projects and assists in the dealings of international investors with local agencies, brokers, and governmental officers.

Not being one of the few specialized Thai energy law firms with a long track record of solar energy developments, the firm is a niche practice and “fit for purpose” to vigorously advise foreign investors interested in renewable energy investments in Thailand. The law firm assists in identifying the most promising and profitable opportunities, advises on investment structures and regulatory requirements and discloses hidden risks and unknown hurdles. It provides legal advice on energy laws, advice on tax-efficient structures and BOI investment promotion opportunities, and transaction support services to get the deal done.

Free industry updates and professional considerations on solar farms, solar rooftop, floating solar, wind farms, biomass, and other segments are available on pugnatorius.com/solar. These posts can provide only a low-resolution snapshot and are neither deemed to be legal advice nor do they result in an attorney-client relationship. 

Each venture is different. Telephone inquiries and ad-hoc email requests on Thailand’s regulatory framework without details and documentation are not accepted by the law firm. Individual support and professional advice are available under a paid consultancy agreement only. 

Support and legal assistance to foreign solar companies, investors, and financial institutes

Professional assignments, based on a paid consultancy agreement, cover mainly these areas:

#1. Scouting of market opportunities: Identification of green-field investment opportunities for foreign investors including the design of the corporate structure, cross-border value chain, and commercial contracts. The law firm assists, above all, in successfully participating in public tenders or B2G transactions outside of a formal bidding process (“off-market”).

Advice on blockchain-based, peer-to-peer energy trading platform projects, public-private-people partnership structures, the legal framework to turn consumers into prosumers (both consume and produce electricity) to sell excess solar energy, as well as other Internet of Energy projects.

#2. Corporate structures: The law firm assists in the set-up of solid and protected Thai corporate structures and in the tax-efficient organizational integration in a cross-border group of companies.

#3. BOI investment promotion: The law firm advises and assists in applying for investment promotion with Thailand’s Board of Investment and additional BOI-related tasks as explained at “Legal services on BOI investment promotions“.

#4. Acquisition support: Comprehensive legal assistance in the acquisition of existing renewable energy projects or entering into a joint venture with an existing solar, wind or biomass development including a comprehensive property, corporate, and solar energy due diligence examination.

#5. Commercial contracts: Preparation and negotiation of private power purchase agreements, maintenance and operation contracts, EPC arrangements and the cross-border tax structuring in a multi-legislation environment. Support in the application for electricity production licenses, building permit and factory licenses, etc.

#6. Deal arranging: PUGNATORIUS acts in selected cases as the arranger for international sales, acquisitions and joint ventures in the renewable energy business. This includes providing the firm’s own virtual data room to facilitate a smooth and swift transaction support.

#7. Legal opinion: The law firm is available for legal opinions on specific aspects of existing and new renewable energy projects. Up-to-date information about the legal and regulatory framework of Thailand’s solar energy markets. Independent advice on risks and opportunities.

PUGNATORIUS can guide your solar power project through the red-tape requirements, legal hurdles and industry practice in Thailand. Solar lessons you do not want to learn the hard way. A specific cosultancy agreement is available on request.

Power purchase agreement, adder, premium feed-in-tariff, solar energy map, zero grid feed, net metering, Energy Regulatory Commission of Thailand, KIC 8462852, lucky draw, solar irradiation, power development plan pdp, egat, mea, pea, vspp, ministry of energy, solar energy map, renewable energy adder program, Electricity Generating Authority of Thailand, Independent Power Producers (IPPs), Small Power Producers (SPPs), and Very Small Power Producers (VSPPs), Metropolitan Electricity Authority (MEA – in Bangkok, Nonthaburi, Samut Prakan), Provincial Electricity Authority (PEA – Upcountry), Renewable Energy Adder Program (REAP). EGAT – Power for Thai Happiness. ESB enhanced single buyer model.