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 University of Greenwich on the trailblazing merger with the University of Kent, paving the way for the creation of the UK’s first “super‑university”.
Multinational law firm Pinsent Masons has advised on the sale of VLocker, a global leader in the design, manufacture, installation and management of electronic locker systems, to Venu+, a United States‑based portfolio company of private equity fund ZCG.
Multinational law firm Pinsent Masons is expanding its European footprint into Poland, announcing plans to open in Warsaw in mid-2026.
Multinational law firm Pinsent Masons has advised the University of Greenwich on the trailblazing merger with the University of Kent, paving the way for the creation of the UK’s first “super‑university”.
Multinational law firm Pinsent Masons has advised on the sale of VLocker, a global leader in the design, manufacture, installation and management of electronic locker systems, to Venu+, a United States‑based portfolio company of private equity fund ZCG.
Multinational law firm Pinsent Masons is expanding its European footprint into Poland, announcing plans to open in Warsaw in mid-2026.
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]