05 Feb 2015 | 04:44 pm |
International law firm Pinsent Masons is advising the Department for Business, Innovation and Skills (“BIS”) on its disposal of 50 million ordinary shares (the "Placing Shares") in the capital of Greencoat UK Wind Plc raising gross sale proceeds of £51.75 million.
Greencoat UK Wind, which made an Initial Public Offering on the London Stock Exchange in 2013, invests in operating UK wind farms to provide shareholders with a sustainable and transparent income stream through an annual dividend. The company offers investors exposure to UK wind generation through a premium listed vehicle. Greencoat UK Wind is fully invested solely in operating UK wind farms which are currently producing income.
Greencoat UK Wind was the first renewable infrastructure fund to list on the LSE main market and is the only infrastructure fund or renewable infrastructure fund domiciled in the UK. Greencoat UK Wind is incorporated in England and Wales, and is a UK Investment Trust. BIS invested in the launch of Greencoat UK Wind in March 2013.
The Pinsent Masons team is led by Corporate partner Sean Page who commented "we are delighted to be supporting BIS on this transaction".
Multinational law firm Pinsent Masons has advised the financiers (Japan Bank for International Cooperation, Mizuho Bank and Al Rajhi Banking and Investment Corporation) on the project financing provided to a consortium led by Marubeni Corporation in joint venture with Al Jomaih Energy & Water Company Limited of the 300MW solar power plant to be built and operated in Rabigh, Saudi Arabia.
Multinational law firm Pinsent Masons has appointed transport and infrastructure expert Miguel Nieto, as Finance and Projects partner in Madrid where he will focus on the growing transport and mobility market.
Pay gap reporting highlights the value and importance of our drive to promote diversity and inclusion. This year we have opted to report on our disability pay gap for the first time as we underscore our commitment to belonging and inclusion and strengthen our network groups to encourage and champion change for all of our people.
Multinational law firm Pinsent Masons has advised the financiers (Japan Bank for International Cooperation, Mizuho Bank and Al Rajhi Banking and Investment Corporation) on the project financing provided to a consortium led by Marubeni Corporation in joint venture with Al Jomaih Energy & Water Company Limited of the 300MW solar power plant to be built and operated in Rabigh, Saudi Arabia.
Multinational law firm Pinsent Masons has appointed transport and infrastructure expert Miguel Nieto, as Finance and Projects partner in Madrid where he will focus on the growing transport and mobility market.
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