Capital allowances – full expensing
One of the main tax giveaways in the UK budget this week was the introduction of full expensing of capital allowances for the next three years.
One of the main tax giveaways in the UK budget this week was the introduction of full expensing of capital allowances for the next three years.
The portfolio holds shares in the Grimsås and Brännliden wind farms in Sweden.
Watson Farley & Williams has advised Iberdrola Renovables Italia S.p.A. on the preparation and negotiation of an investment agreement, including related services and shareholder agreements, to establish iCube Renewables, a joint venture with Innovo Group S.r.l., for the development of renewable energy projects in Italy including photovoltaic plants, wind farms and battery storage facilities.
The construction of the wind farm will start at the end of 2022 and is planned to be completed in the first trimester of 2024.
The wind farm, located in Merindad de Valdeporres in the Spanish region of Castille & Leon, has been fully operational since 2005.
This is one of the first four pilot floating offshore wind farms under development in France.
Spanning the north Anatolian provinces of Sinop and Cankiri, the Gökcen wind farm is equipped with Enercon turbines.
We advised klimaVest, Commerz Real’s impact fund, on its acquisition of the Tout Vent wind farm from renewable energy developer BayWa r.e. This is Commerz Real’s first investment in the French renewable energy market.
Madrid-based Elawan is a leading company in the European renewables sector with a long-standing track record in development, financing, constructing and operating its own power plants worldwide.
Dogger Bank is being developed in three phases which, when operational, will be the world’s largest offshore wind farm with a total installed capacity of 3.6 GW.