WFW advises lenders on £180m BESS portfolio debt financing7 April 2025
WFW advised a consortium of lenders on the £180m debt financing of a 612 MW/1.6 GWh BESS portfolio for Constantine Energy Storage LLP.
WFW advised a consortium of lenders on the £180m debt financing of a 612 MW/1.6 GWh BESS portfolio for Constantine Energy Storage LLP.
Eight lawyers have been promoted to Counsel.
National Grid is planning to build two primarily offshore transmission cable routes to carry clean energy from Scotland to demand centres in England.
We have supported Vattenfall in connection with the sale of its interests in the Norfolk Boreas and Norfolk Vanguard offshore wind farm projects to RWE.
The tender process in the Crown Estate’s Celtic Sea floating offshore wind opened on 28 February 2024. The first stage for prospective bidders is the pre-qualification questionnaire.
Bidding process started for £1bn transmission assets of Dogger Bank B. Submission window closes 1 May 2024.
Lightsource bp is a global leader in solar development, management and operations.
We advised Varco Energy HoldCo 1 Limited a wholly-owned subsidiary of Adaptogen Battery Storage LP, on its circa £58m project financing of a battery storage project portfolio consisting of two 57 MW project.
The financing structure covers the first 540 MW of projects in the portfolio, and includes fully committed senior debt facilities and an equity bridge loan.
This is TEPCO’s first major venture outside of Japan into the offshore wind markets in the UK and internationally and represents a significant step in its plans to deliver clean renewable energy and create a carbon neutral society.
The transaction involved the acquisition of land required for the scheme from Watkin Jones, in conjunction with a development funding agreement with them.
In the third of our nine-part series on the OFTO Regime, this article explores issues arising from the acquisition and divestment of property interests for OFTO transactions.
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