Pinsent Masons acts on Barclays Infrastructure Fund onshore wind investment

16 Nov 2012 | 10:00 am |

International law firm Pinsent Masons has advised Barclays Infrastructure Funds (BIF), the London-based asset manager, on a significant investment in the Black Hill Wind Farm in the UK.

The 22 turbine wind farm in the Scottish Borders was developed and constructed by leading renewable energy company RES.

Pinsent Masons says the deal is the latest evidence of heightened investor interest in operational wind farm infrastructure. 

Ian McCarlie, a Partner and Energy specialist at International law firm Pinsent Masons who led the Pinsent Masons team advising on the deal, says:

"We are delighted to have acted upon this transaction. A number of investors are looking at new markets and assets which have predictable yield.  Infrastructure funds, pension funds and some private equity houses are increasingly likely to focus on operational wind farm infrastructure.  This is positive news for the market in terms of the deployment of new capital.

“However we would note caution over the uncertainty regarding electricity market regulatory reform. The current deployment of capital represents, in part, an appetite to invest before the scheme changes to something less predictable.  We would urge the Government as a matter of urgency to clarify its energy policy, and its support for renewables and onshore wind, so that investors can have long term confidence in the UK market.”

Barclays Infrastructure Funds has raised six funds since 1996 and has some £1.2 billion of funds under management.

RES will continue to manage the day-to-day operation of the wind farm as well as the community benefit fund.

Latest press releases

Show me all press releases

Pinsent Masons appoints employment partner in Aberdeen

Multinational law firm Pinsent Masons has hired Gillian Harrington to join the firm’s Aberdeen office as employment partner from 6 May.

Pinsent Masons bolsters UK corporate practice with hire of expert healthcare and higher education partner

Multinational law firm Pinsent Masons has hired corporate partner, Rachel Soundy, to join the firm’s Birmingham office.

Pinsent Masons advises Balbec Capital on its first European public securitisation

Multinational law firm, Pinsent Masons LLP, has advised IGCF VI Euro, L.P. a sub-fund of Balbec Capital LP, a global alternative investment manager headquartered in the United States on its first European public securitisation in relation to the issuance of notes totalling EUR 392 million backed by a portfolio of reperforming Spanish mortgage loans, arranged by Goldman Sachs.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons promotes 24 to global partnership

Multinational law firm Pinsent Masons has today announced its latest round of partner promotions, with 24 set to join its global partnership on 1 May.

Pinsent Masons advises Elphinstone Group on takeover bid

Multinational law firm Pinsent Masons has advised Australian heavy machinery manufacturer Elphinstone Group on its proposed takeover bid for Engenco Limited, a provider of sustainable transportation products.

Pinsent Masons announces approval for opening of new office in China

Multinational law firm Pinsent Masons is continuing its expansion in Asia Pacific having received government approval to open our third office in mainland China.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts

We are processing your request. \n Thank you for your patience. An error occurred. This could be due to inactivity on the page - please try again.