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 launches online tool to spot future home-working related litigation for financial services firms

Multinational law firm Pinsent Masons has launched a new working-from home audit tool to help financial services organisations understand the hidden litigation and regulatory risks associated with staff increasingly working from home on a more permanent basis.

Pinsent Masons advises Seraphine Group PLC on its £150m main market IPO

Multinational law firm Pinsent Masons is advising Seraphine Group plc, an international digitally-led maternity and nursing wear, on its IPO and premium listing on the main market of the London Stock Exchange.

Pinsent Masons agrees MOU with Nepal International ADR Center

Multinational law firm Pinsent Masons has today signed a memorandum of understanding (MOU) with Nepal International ADR Center (NIAC), commencing an important collaborative relationship seeking to enhance NIAC’s international arbitration capabilities.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons unveils FY21 year end results

Multinational law firm Pinsent Masons has announced its FY21 year end results, reporting against last year’s metrics as the firm advances its strategy to become a purpose-led, professional services business with law at the core.

Pinsent Masons to cut absolute global carbon emissions by at least 50%

Multinational law firm Pinsent Masons has unveiled targets to cut absolute carbon emissions by a minimum of 50% by 2030, as it continues to reduce its environmental impact and support clients in tackling the climate crisis.

Pinsent Masons advises Farra Marine on Ireland’s first next generation wind farm service craft

Multinational law firm Pinsent Masons has advised crew transfer vessel owner and operator Farra Marine on Ireland's first next generation wind farm service craft, the Farra Orla.

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