We advised the shareholders of Pallas Windfarm Ltd on the sale of an operational wind farm and under-construction project to The Renewables Infrastructure Group (TRIG).
The project, located in Co. Kerry, Ireland, is partly operational (40MW) and partly development stage (13.8MW). Our role involved preparing a vendor due diligence legal report, responding to bidders’ due diligence queries, preparing and negotiating a share sale agreement and all ancillary documentation required for a sale of this project.
This successful sale is likely to represent one of the largest single project wind farm disposals in the Irish market over the coming 12 month period.
The team was led by partner & head of energy & natural resources, Ainsley Heffernan, and supported by partners, Gavin Blake (energy & natural resources), Fiona O’Neill (construction), and Leonard Lavelle (banking & finance).