Bluefield Partners’ Acquisition of Two 40MW DNO-Connected Development Stage Battery Storage Projects

In UK Osborne Clarke, advised on the matter.

Osborne Clarke advised Bluefield with a team including James Watson (Picture – Corporate M&A), Chris Yeo (Corporate M&A), Charlotte Walker (Real Estate).

Bluefield Partners LLP (“Bluefield”) was invovled in the acquisition by Bluefield Solar Income Fund (“Bluefield Solar”) of an 80MW portfolio of two DNO-connected development stage battery storage projects, Whitehouse Farm in Swadlincote and Breach Farm in Malvern.

Bluefield acts as investment adviser to Bluefield Solar, and has a leading track record of investing in renewable energy, particularly solar PV assets. The two battery storage projects were acquired from Green Hedge, a developer and operator of large-scale grid-connected energy storage projects across Britain. These acquisitions will strengthen Bluefield Solar’s position in the storage space, which it considers to be the future for creating flexible energy generation solutions.

The Osborne Clarke team assisting Bluefield was led by head of decarbonisation James Watson (Picture), supported by associate director Amy Stray and associate Giles Herring. Other advisors included partner Chris Yeo and associate Hannah Stevens (advising on corporate aspects); partner Charlotte Walker (for real estate); senior associate Josh Taylor and associate Arthur Hopkinson (advising on planning); associate director Duncan Parker and senior associate Alistair Russell (advising on construction matters).

Involved fees earner: Giles Herring – Osborne Clarke; Arthur Hopkinson – Osborne Clarke; Duncan Parker – Osborne Clarke; Alistair Russell – Osborne Clarke; Hannah Stevens – Osborne Clarke; Amy Stray – Osborne Clarke; Josh Taylor – Osborne Clarke; Charlotte Walker – Osborne Clarke; James Watson – Osborne Clarke; Chris Yeo – Osborne Clarke;

Law Firms: Osborne Clarke;

Clients: Bluefield;

Author: Giulia Di Palma