The Associated European Energy Consultants - Answer to challenges of a globalised consulting market - Venice, 23 September 2013 Christian Held, Chairman AEEC

00833-05/2185182 AGN World Congress Venice, 23 September 2013

Becker Büttner Held and AEEC (1) BBH has been operating as a law firm since 1991 Until 31/12/2001, Becker Büttner Held (BBH) had its focus exclusively on legal advisory services Due to changing demands of clients acting in the early liberalisation period of European energy markets, BBH merged with an auditing and tax consulting firm Since 1/1/2002, BBH has offered fully interdisciplinary and holistic legal, economic, and technical advice AGN World Congress Venice, 23 September 2013

Becker Büttner Held and AEEC (2) Today BBH is the leading law firm for the energy and infrastructure industry in Germany The decentralised utilities, the industry, investors, intermediaries and political bodies, like the European Commission, the Federal Government, the Federal States and public corporations and many more appreciate BBH’s work A staff of over 500 employees, including more than 250 professionals, are at the clients’ service. BBH provides advice to more than 3,000 clients. AGN World Congress Venice, 23 September 2013

Becker Büttner Held and AEEC (3) BBH has been actively involved in the liberalisation process of energy markets Liberalisation is not confined to national markets - there are European and global impacts Energy markets have seen and will see a profound transformation: Development and integration of energy generation from renewable energy sources Liberalised and cross-border energy markets Discussion about the right degree of regulation and the introduction of capacity markets, etc. AGN World Congress Venice, 23 September 2013

Becker Büttner Held and AEEC (4) How to be competitive and successful in a changing environment? Creation of international structures Specific technical expertise The answer: Establishment of AEEC in 2000 with 5 founding members from different EU Member States AGN World Congress Venice, 23 September 2013

The AEEC Network (1) AEEC is a European-based network of leading law firms in energy law Founded in 2000, AEEC has seen a permanent and lately rapid growth – with now 26 members covering most of the EU Member States and other important European States (Albania, Norway, Serbia, Switzerland, Turkey and Ukraine) With the liberalisation of energy markets in Europe, a European approach for our legal advice to clients became necessary – AEEC the answer AGN World Congress Venice, 23 September 2013

The AEEC Network (2) AEEC has established best-friend relationships with other networks and law firms (USA, Kazakhstan) AEEC members have a recognised expertise in energy law but are also renowned experts in other practice areas (e.g. tax law, antitrust law, general civil and commercial law, corporate law) It is ranked No. 1 network by Chambers & Partners 2013 AGN World Congress Venice, 23 September 2013

AEEC Philosophy (1) To act as a forum and network for the exchange of information and discussion on all issues related to European and national energy law To provide AEEC’s members with information on recent and upcoming energy policies at European and national level AGN World Congress Venice, 23 September 2013

AEEC Philosophy (2) To foster regular dialogue between energy law experts and all stakeholders from diverse legal backgrounds To promote a holistic, client-oriented energy advisory practice and To find common answers to current and future challenges against the background of rapid market transformation AGN World Congress Venice, 23 September 2013

A Network of Business Opportunities (1) Through its Brussels office and the national member base in all important European energy markets, AEEC is at the forefront of the legal and political development Our clients look for: Expertise and advice on multinational transactions and projects on the basis of a lively and close cooperation of member firms The possibility to monitor and influence European energy legislation Answers to the liberalisation and privatisation of the European energy markets AGN World Congress Venice, 23 September 2013

A Network of Business Opportunities (2) Some references (common projects of the member firms): Advice on M&A, project finance and energy law for offshore wind farms Advice on compliance to a major US-based company Consultancy in the field of international energy trade Legal advice to utilities on drafting and negotiating contracts AGN World Congress Venice, 23 September 2013

A Network of Business Opportunities (3) References cont.: Expert opinions and studies for the European Commission on the implementation of energy legislation Establishment of the Energy Arbitration Center Switzerland (EACS) AGN World Congress Venice, 23 September 2013

Current Trends Energy markets are becoming increasingly global Energy law is closely linked with technical, economic, and auditing issues (e.g. regulation) – structural links are increasing A cooperation of AGN and AEEC could Offer a comprehensive, interdisciplinary approach to clients’ needs Find common answers to European and global trends of energy markets Open new markets and business opportunities AGN World Congress Venice, 23 September 2013

Thank you very much for your kind attention Contact: Christian Held, chairman AEEC Associated European Energy Consultants e. V. Magazinstraße 15-16 10179 Berlin Tel.  +49 (0)30/ 611 284 048 Fax. +49 (0)30/ 611 284 099 info@aeec-online.com www.aeec-online.com