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Wragge Lawrence Graham & Co advises RGE Energy UK on 12MW disposal

10 Dec 2014

Wragge Lawrence Graham & Co's solar energy specialists have advised RGE Energy UK (RGE) on a further transaction - the disposal of a 12 MW solar PV project.

A multi-disciplinary team, led by corporate director and energy specialist Gareth Baker, advised RGE on the corporate, planning, real estate and tax issues relating to the disposal.

The Wragge Lawrence Graham & Co team included real estate experts Giles Clifford (partner), James Vernon-Stroud (of counsel) and David Barry (solicitor). Sophie Taylor (solicitor) provided planning advice while Paul Harrington (associate) led on tax matters. Gareth was supported by associate Kasim Hussain and solicitor Mark Knight in the Corporate team.

Gareth said: "We're really pleased to have supported RGE on another significant sale. The domestic market for large ground-mounted solar projects is not only exceptionally busy, but also subject to extensive scrutiny, consultation and change. We are delighted to have worked with RGE through this challenging period."

Marcus Price of RGE said: "We consistently turn to the Wragge Lawrence Graham & Co Energy team because they are genuine experts in the sector. Thanks to the team's commercial and comprehensive advice, we were able to close this deal very efficiently, which was critical to us and the buyer given the impending ROC deadline."

Wragge Lawrence Graham & Co previously helped RGE to secure the sale of another solar PV site, also to sPower and Camborne.

The firm's 70-strong Energy team advises a range of domestic and international clients across the whole of the sector.

Its solar energy specialist have been particularly busy, advising on major transactions such as a 38MW acquisition for Primrose Solar, the UK's largest ever solar bond deal and the £12 million sale of Carron Energy.

Pinsent Masons represented Camborne and sPower.

Matter Type
Asset Sale: Seller's Counsel
Industry
Energy & Utilities
News Category
Energy, Utilities & Natural Resources
M&A
Real Estate & Construction