International legal practice Osborne Clarke has advised DIF Capital Partners on the sale of a UK onshore wind farm project, through DIF Infrastructure IV ("DIF IV"), to the Transport for London ("TfL") Pension Fund.
Located near Cambridge, the Wadlow wind farm project has been operational since September 2012 and was acquired by DIF IV in 2016. The wind farm has an installed capacity of 26MW and comprises 13 wind turbines.
Founded in 2005, DIF Capital Partners is an infrastructure fund manager with more than EUR 17 billion of assets under management. The company has a leading position in managing mid-market investments, primarily in Europe and North America.
Osborne Clarke's team was led by Partner Hannah Roscoe, together with Senior Associate Michael Zamecnik and Associate Olivier Jacquelin. The wider team included Al Curzon, Cameron Houston and Amber Bains (Projects); Charlotte Walker and Audrey Calvas (Real Estate); and Neil Bromwich, Nicholas Grewal, Harriet Weedman and Katherine Chambers (Construction Planning and Environment).
"The transaction highlights the exciting investment opportunities in the UK renewables sector, as well as demonstrating the depth of expertise of the Osborne Clarke energy team."
Hannah commented: "We're delighted to have supported DIF on this successful transaction (after having advised previously on the project financing). The transaction highlights the exciting investment opportunities in the UK renewables sector, as well as demonstrating the depth of expertise of the Osborne Clarke energy team."
Osborne Clarke has an established and well-respected position as one of the leading law firms advising on renewable energy projects and transactions. As businesses strive to meet the challenges of decarbonisation, Osborne Clarke is supporting its clients on projects to procure, fund and develop the sustainable infrastructure, buildings and land use of the future. The team’s experience and understanding of the energy sector means they are well placed to advise on your decarbonisation journey.