Bond Dickinson has advised long standing client REG Power Management (REG) on its development arrangements with Irish utility ESB to deliver two new wind farms in Scotland.
REG, a developer, owner and operator of renewable energy projects, and ESB, the largest supplier of renewable electricity in Ireland, have entered into a Development Services Agreement spanning two concept-stage wind farms, Knockodhar and Greenburn.
It is anticipated that Knockodhar and Greenburn could together accommodate up to 65 turbines and have a combined capacity of approximately 200 MW.
The Bond Dickinson energy team advising REG on the transaction was led by Corporate partner Sebastian Briggs.
Sebastian Briggs said: "We've been working with REG for a number of years and are delighted to have advised them on this latest partnership with ESB. In a challenging regulatory environment for renewable energy, this agreement to develop wind farms in Scotland reinforces the relevance of onshore wind to the UK's future energy mix."
Matt Partridge, Development Director of REG Power Management commented: “We’re delighted to be partnering with ESB on two exciting Scottish wind farm opportunities which could individually and together make a significant contribution to Scotland’s clean electricity requirements, the local communities and broader climate goals.
"We're very grateful for the work put in by Sebastian and the rest of the team at Bond Dickinson whose experience and commitment has once again played an important role in helping us achieve a successful transaction."
Bond Dickinson is a leading UK law firm providing a comprehensive legal service to clients across a wide range of sectors, from seven cities across the UK including London. Since the earliest renewables projects over 25 years ago, the firm has advised key energy sector clients including RES, Scottish Power Renewables, EDF Energy Renewables, Centrica and RWE Npower, as well as other major utilities and leading independents.
The firm announced its plan to become Womble Bond Dickinson recently as it will complete a transatlantic combination with US law firm Womble Carlyle.