TLT advised ILI Energy Storage PLC on the deal.ILI Energy Storage PLC (ILI) sold a 50MW battery storage project in Kintore near Aberdeen to SUSI Storage Development UK.
The transaction is the fourth battery storage sale TLT has completed for ILI Group in the last year.
The four transactions bring 200MW total capacity to market and will play a critical role in the decarbonisation of the electricity grid.
The team was led by partner Damien Bechelli (Picture) and legal director Joanna Hamilton, with solicitors Amy Tough and Allison Bruce.
Involved fees earner: Damien Bechelli – TLT LLP; Allison Bruce – TLT LLP; Joanna Hamilton – TLT LLP; Amy Tough – TLT LLP; Law Firms: TLT LLP; Clients: ILI Energy Storage PLC;