Pinsent Masons advises consortium on the sale of the UK's largest operational solar park
07 Feb 2017 | 10:38 am | 1 min. read
- Energy costs and energy security a concern for business International law firm Pinsent Masons has advised WElink Energy, Compton Group and British Solar Renewables on the sale of Shotwick Solar Park to Foresight Solar Fund Limited.
The Shotwick Solar Park, located in Deeside, North Wales is the UK's largest operational Solar Park, with an installed capacity of 72.2MW.
The Solar Park which was constructed by British Solar Renewables under a sub-EPC contract with EPC Contractor, China Triumph International Engineering, supplies the neighbouring Shotton Paper Works (owned by Finnish newsprint manufacturer, UPM-Kymmene) with renewable electricity. The electricity supplied allows the Shotton Paper Works to operate on 100% renewable electricity in daylight hours, cutting energy costs and saving 22,500 tonnes of CO2 emissions every year with the balance of electricity produced exported to the distribution system.
The Pinsent Masons team acting on the transaction was led by energy partner, Ian McCarlie, planning partner Gareth Phillips, senior associate, Ronan Lambe, associates Simon Stubbs and Peter Cole, solicitors Ciaran Wilkinson, Sandra Graham and Fraser Janeczko and trainee solicitor, Helen Siviter.
Commenting on the deal, Ian McCarlie said: "We are delighted to have advised the sponsors on the sale of the UK’s largest operational Solar Park. Shotwick is a good example of a large energy user electing to contract directly with a generator of renewable electricity. This follows a number of other deals in the sector for the firm including the 39MW Raventhorpe Solar Park which for a period following commissioning, supplied Tata Steel’s Scunthorpe Steel Works and Eneco’s 10MW Sevor Farm Solar Park which powers Honda’s UK car manufacturing plant in Swindon.
“The cost of energy is significant for business with security of supply and sustainability high on the agenda within the board rooms of large corporates. Projects like Shotwick demonstrate that on site generation can provide a large industrial end user with green and clean electricity, saving costs and enhancing energy security. Our clients are to be congratulated on delivering this significant UK energy project ”
Key Contacts
Latest press releases
Show me all press releasesPinsent Masons hires corporate partner in Sydney
Multinational law firm Pinsent Masons has hired corporate energy and technology partner Joni Henry in Sydney, Australia.
Pinsent Masons MPillay advises Ikigai Ventures Limited on its listing on the Official List (Main Board) of the London Stock Exchange
Multinational law firm Pinsent Masons MPillay has advised Ikigai Ventures Limited, a company acquiring target businesses that have a strong positive social impact and/or environmental, social and governance (ESG) strategy, on its admission to the Official List of the London Stock Exchange.
Pinsent Masons MPillay advises Fintech Asia Limited on its listing on the Official List (Main Board) of the London Stock Exchange
Multinational law firm Pinsent Masons MPillay has advised Fintech Asia Limited, a company acquiring target businesses in the fintech sector, on its admission to the Official List of the London Stock Exchange.
People who viewed this press release also viewed
Show me all press releasesPinsent Masons hires corporate partner in Sydney
Multinational law firm Pinsent Masons has hired corporate energy and technology partner Joni Henry in Sydney, Australia.
Pinsent Masons advises SOLA Group on renewable energy Power Purchase Agreement
Multinational law firm Pinsent Masons was appointed as sponsors legal counsel and advised South African energy company SOLA Group on its solar power initiative with Tronox, which will transform the manufacturing business’ electricity supply and support its 2050 net zero targets.
Pinsent Masons advises Eni on its acquisition of BP’s business in Algeria
Multinational law firm Pinsent Masons has advised Eni on its acquisition of BP’s business in Algeria.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on
Location contacts
Europe: [email protected]
Asia: [email protected]
Middle East: [email protected]
Australia: [email protected]