Addleshaw Goddard advised Par Equity on the deal.The partnership involves the acquisition of 6,300 hectares of moorland, with plans for the planting of 2,000 hectares of native woodland, 1,000 hectares of productive conifer and the restoration of 1,800 hectares of degraded peatlands. This not only has huge carbon-capture potential, it also makes a substantial contribution to both Scottish and UK forestry planting targets and will create significant local employment and education opportunities.
The partnership is structured through an investment vehicle managed by Par Equity.
The AG team was led by investment funds partner Jan Gruter (Picture) and included associate Aidan McConville (investment funds), trainee Grace Towey (investment funds) and tax partner Michael Hunter.
Involved fees earner: Jan Gruter – Addleshaw Goddard; Michael Hunter – Addleshaw Goddard; Aidan McConville – Addleshaw Goddard; Law Firms: Addleshaw Goddard; Clients: Par Equity;