Environment Experience
Helius Energy Plc
We advised Helius Energy Plc in the sale of its Stallinborough renewable power project to RWE Innogy UK, a wholly owned subsidiary of RWE AG.
Under the terms of the agreement RWE Innogy Ltd acquired Helius Energy Alpha Ltd, which owns the rights to develop and operate a 65 megawatt biomass plant on Humberside, for £28m.
Helius expects the profits following disposal to be £20m and will receive 13% of the annual profit after tax for the first 24 years of operation.
Advising Helius Energy plc
We advised Helius Energy plc on the project financing of its Stallingborough bio-mass energy plant.
Acting for Westmill Wind Farm Co-operative
We acted for Westmill Wind Farm Co-operative on the project financing of its Oxfordshire wind farm.