Michelmores Renewable Energy team supports Gamma Solutions SL acquisition of two new solar PV projects
The Renewable Energy team at Michelmores LLP has acted for award-winning Spanish-headquartered engineering firm, Gamma Solutions SL on its acquisition of two consented solar farms during June 2015.
Gamma Solutions is an international group, which specialises in engineering in the renewable energy sector. Gamma is a key player in the market, as a sponsor of renewable energy and ESCO projects, involved in developing, building (as EPC contractor) and ongoing asset management.
In 2015, Gamma's investment is expected to be 200m€ in Europe and Latin America. This achievement is one of the reasons why Gamma Solutions has become one of the most innovative business groups, with a strong performance and global development.
Associate Alexandra Watson and trainee Solicitor Kieran van Bussel acted on the acquisition of Priors Byne a 17.5 hectare solar farm in West Sussex with a capacity of 7.5MW and Sowerby Lodge, a 4.99MW capacity solar farm on a 13.5 hectare site in Barrow-in-Furness.
Alexandra Watson, an Associate in Michelmores Corporate team commented;
"With the addition of these two sites, we have supported Gamma on four of its large solar PV acquisitions and we are delighted to help them expand their portfolio. Gamma has already commissioned three large-scale projects in the UK in the last year, and these further two sites are due to be commissioned later this year."
For further information please contact Ian Holyoak, Partner and Head of the Renewable Energy team at Michelmores, by telephone on 01392 687682 or by email at email@example.com.