Norton Rose Fulbright advises ENGIE on acquisition of onshore wind and solar assets

Global law firm Norton Rose Fulbright has advised ENGIE on its acquisition of an operational portfolio of onshore wind and solar assets, totalling 157 MW of clean energy capacity, from Munich Re's asset management company MEAG.

ENGIE is a leading energy transition utility, specialising in low-carbon electricity generation, energy infrastructures and customer solutions.

This transaction, which is conditional on UK NSIA clearance, supports ENGIE’s goal to accelerate the transition towards a carbon-neutral economy. The portfolio includes four solar PV and three onshore wind farms located in England and Wales, and ENGIE’s aim is to leverage the portfolio by seeking repowering and co-location opportunities.

A multi-disciplinary team from Norton Rose Fulbright advised ENGIE on all legal aspects of the transaction. The team is led by London-based corporate energy partner Andrew Davies, who is supported by associates Francesca Walker and Zainab Hamid.

Andrew Davies commented:

“We are pleased to have advised ENGIE on this transaction – repowering and co-location opportunities are becoming an increasing feature of the energy M&A landscape, and we continue to see a strong pipeline of work relating to renewable energy projects globally."

The full Norton Rose Fulbright team includes:

• Corporate: partner Andrew Davies, associates Francesca Walker and Zainab Hamid, as well as trainees Thea Messina and Rima Maleki.
• Tax: partner Julia Lloyd and associate Giulia Schwartz.
• Projects: partner Melusi Dlamini, counsel Suncica Miletic and associate Charles Winch.
• Competition: partner Ian Giles and senior associate Rebecca Yourstone.
• Real Estate: partner Charlie Pinkerton and senior associate Helen Finnis.
• EHS: partner Lucy Bruce Jones and associate Andrew Swarbrick
• Planning: partner Sarah Fitzpatrick and associates Jennifer Glasgow and Alysha Patel.