UK Power Networks Services on its acquisition of SEEIT Sol Limited

3 minutes de lecture

Our Energy Transition team has advised UK Power Networks Services on its acquisition of SEEIT Sol Limited, a 70-asset solar, wind and hydro portfolio from SDCL Energy Efficiency Income Trust (SEEIT).

UK Power Networks Services, the the private networks business of network operator UK Power Networks, acquired the 68.7MW portfolio in a deal worth £90.8 million. The predominantly solar asset portfolio is spread across 70 sites in the Northwest of England.

The team which advised on the transaction was led by senior associate Alex Farrow alongside corporate partners Gareth Baker and Madhu Jain. They were supported by, among others, associate Henry Stride and trainee Christy Morgan (Corporate); partner James Stanier and associate Russell Evans (Energy); principal associate Mike Jack (Projects); senior associate Sarah Lees (Property); Kimi Shah and Sarina Mann (Finance); and Sanjay Mehta (Tax).

Gowling WLG's multi-disciplinary Energy Transition team has a first-class reputation with regard to renewable and clean energy and operates seamlessly around the globe. Positioned at the forefront of the renewables sector, the team has been advising on transactions across a range of energy transition technologies, including Brockwell on its acquisition of London-based renewable energy developer, RNA-Energy Ltd; Pacific Green on its agreement to sell its 99MW Richborough Energy Park Battery Development for £74 million; and Island Green Power and its shareholders on an agreement to sell a 50% stake in the business to Macquarie Asset Management. The team was also recently named by Inspiratia as the top UK hydrogen project adviser for the period of 2020-2023.


CECI NE CONSTITUE PAS UN AVIS JURIDIQUE. L'information qui est présentée dans le site Web sous quelque forme que ce soit est fournie à titre informatif uniquement. Elle ne constitue pas un avis juridique et ne devrait pas être interprétée comme tel. Aucun utilisateur ne devrait prendre ou négliger de prendre des décisions en se fiant uniquement à ces renseignements, ni ignorer les conseils juridiques d'un professionnel ou tarder à consulter un professionnel sur la base de ce qu'il a lu dans ce site Web. Les professionnels de Gowling WLG seront heureux de discuter avec l'utilisateur des différentes options possibles concernant certaines questions juridiques précises.

Sujet(s) similaire(s)   Énergie

Author(s)

Author(s)

Télécharger en tant que PDF