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Hogan Lovells advises Helion in world's first fusion energy purchase with Microsoft
Press releases
| 15
May
2023
Washington, D.C., 15 May 2023 – Global law firm Hogan Lovells represented Helion Energy in the company’s agreement to provide Microsoft electricity with its first fusion power plant. Constellation will serve as the power marketer and will manage transmission for the project. Read more from Helion here.
The plant is expected to be online by 2028 and will target power generation of 50 MW or greater after a 1-year ramp up period. The planned operational date for this first-of-its-kind facility is significantly sooner than typical projections for deployment of commercial fusion power.
The development of a commercial fusion power facility is a crucial step in the transition to a sustainable energy future, and also supports the development of a new clean energy source for the world.
Helion, which is committed to creating a new era of zero-carbon electricity through fusion, has been advancing its fusion technology for more than a decade. The company has previously built six working prototypes and was the first private fusion company to reach 100-million-degree plasma temperatures with its sixth fusion prototype.
Hogan Lovells’ cross-practice, cross-border team was led by Global Co-Head of the Energy and Natural Resources industry sector Brian Chappell and included Amy Roma, Mariana Amaral, Gary Stapleton and Polly Sims.
