DLA Piper has advised Greenstone Finance and long-standing client Aurium Capital on the acquisition of the business and assets of the Green Deal Finance Company, including its existing loan book of Green Deal loans.
Green Deal loans provide homeowners with accessible financing to improve their homes by installing energy efficiency products and are repaid as part of the homeowners' energy bill. The new owners hope to commence financing new Green Deal loans in Q1, 2017.
Lead partner, Anu Balasubramanian commented: “We are absolutely delighted to have acted for Aurium and Greenstone in successfully concluding this complex transaction, which showcased DLA Piper's ability to field multi-practice teams seamlessly under a common umbrella.”
The transaction team included Corporate partner, Anu Balasubramanian, Finance partner, Mark Dwyer, IPT partner, Mark Dewar, Tax partner, Paul Rutherford, Litigation and Regulatory partner, Tony Katz, Restructuring partner, Tim Dawson, with senior associates Chris Arnold Mei Mei Wong, Michiko Jo, Carmelo Lam, Puesan Law and Katherine Gibson and legal directors Lynda Finan and Rowan Aspinwall.