Pinsent Masons advises on the acquisition of three solar projects
Pinsent Masons has advised L&G NTR Clean Power, Fund managed by Legal & General Investment Management (LGIM), a renewable energy specialist, on the acquisition of three spanish pre-operational solar projects from global renewable energy company BayWa.
The three projects, two of which are located in Castilla la Mancha and the third in Andalusia, collectively amount to 115 MWp output installed and are due to enter operations in 2023. Once operational, the three projects are targeting the displacement of 51,525 tonnes of carbon emissions each year.
The Pinsent Masons’ Madrid team has been led by corporate/M&A partner Borja Martín Ariza (pictured), together with Javier Alagón Serrano (Public Law), José Luis García-Manso and Raquel Badell Fabelo (Real Estate), José Millán (Finance), Sofía Parra (CAD), and Javier Valdés Diago, Álvaro Estrada Reina and Simón-Alfonso Pobes Vallés (Corporate).
