Simmons is advising on the corporate, intellectual property (IP) and competition aspects of the Government’s new Energy Technologies Institute, announced by John Denham, Secretary of State for Innovation, Universities & Skills.
Simmons IP chief Richard Binns led the team for the top 20 City law firm advising the Government on a scheme that will bring together some of the world’s biggest companies in a £1bn drive to cut carbon emissions in the
A new institute to be based in Loughborough will receive £550m of Government funding over the next 10 years, with investment from the private sector expected to double the budget to over £1bn.
Companies including BP, Caterpillar, EDF Energy, EON, Rolls Royce and Shell will work with the institute to come up with carbon-cutting inventions.