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Deal Date: 06-02-2019 Practice Area: Project Finance and Infrastructure
Deal Title: Greencoat Capital LLP Acquisition of Stake in the Stronelairg and Dunmaglass Onshore Wind Farms Industry: Alternative Energy
Description:
Linklaters advised Greencoat Capital LLP on its acquisition of a 49.9% stake in the Stronelairg and Dunmaglass onshore wind farms from SSE. The combined stake of the wind farms equated to 160.6MW of generation capacity and the total consideration for the stake was GBP635m. Stronelairg wind farm was located near Fort Augustus, Scotland, and an installed generating capacity of 228MW. The 66 turbine wind farm was commissioned in December 2018. Dunmaglass wind farm was located 15 miles south of Inverness, Scotland, and had an installed generating capacity of 94MW. The 33 turbine wind farm was commissioned in December 2017.
Financial Center: London Value: 500.01-1000.00
Advised Party: Purchaser Law Firm
Assets Jurisdiction United Kingdom Purchaser Jurisdiction United Kingdom
Classification: Transfer of Infrastructure Assets Renewable Energy Assets Wind Farm Assets
Lawyer Charlotte Morgan