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 advises NTR plc on 54MW portfolio of co-located solar and battery storage projects in Ireland

Multinational law firm Pinsent Masons has advised NTR PLC on the acquisition of a 54MW portfolio of co-located solar and battery storage projects in County Wexford, Ireland, from renewable energy developer RES.

Pinsent Masons advises on Four Seasons Care Homes portfolio migration

Multinational law firm Pinsent Masons has advised propco investor LDC Care Homes and its asset and investment manager Elevation Advisors on the migration of a care homes portfolio from Four Seasons Health Care Group (FSHC) to new operators.

Pinsent Masons advises Teva Pharmaceuticals on €84m sale of its consumer healthcare brand portfolio to Karo Pharma AB.

Multinational law firm Pinsent Masons has advised Teva Pharmaceuticals’ subsidiary, Actavis Group PTC, on the successful €84m sale of a suite of consumer healthcare products to Karo Pharma AB (Karo).

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons advises NTR plc on 54MW portfolio of co-located solar and battery storage projects in Ireland

Multinational law firm Pinsent Masons has advised NTR PLC on the acquisition of a 54MW portfolio of co-located solar and battery storage projects in County Wexford, Ireland, from renewable energy developer RES.

Pinsent Masons appointed to UK Government Trade Law Panel

Multinational law firm Pinsent Masons has been appointed to the UK Government's new Trade Law Panel in an international consortium with BakerHostetler in the USA, and Fasken in Canada, to advise on international trade law disputes.

Pinsent Masons wins Belt and Road Deal of the Year and Overseas Deal of the Year awards at the China Business Law Awards

Multinational law firm Pinsent Masons has won Belt and Road Deal of the Year and Overseas Deal of the Year awards for the firms work on the Red Sea Tourism Mega Project in Saudi Arabia and Mexico City's Subway Line Construction Project respectively.

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