Monday, August 8 2022 Sign In   |    Register
 

News Quick Search


 

News


Front Page
Power News
Today's News
Yesterday's News
Week of Aug 01
Week of Jul 25
Week of Jul 18
Week of Jul 11
Week of Jul 04
By Topic
By News Partner
Gas News
News Customization
Feedback

 

Pro Plus(+)


Add on products to your professional subscription.
  • Energy Archive News
  •  



    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    Clifford Chance advises Blue Elephant Energy on the acquisition and financing of a 10 MWp construction-ready PV plant, expanding its portfolio in the Netherlands to 631 MWp


    June 3, 2022 - Contify Energy News

     

      International Law firm Clifford Chance has advised Blue Elephant Energy ('BEE'), the Hamburg-based independent operator of solar and wind farms, on the acquisition and financing of a construction-ready PV plant in the Netherlands with a capacity of 10 MWp from its long-standing business partner Greencells Group, a global service provider for the development, construction, and maintenance of utility-scale solar power plants. As a result, BEE expands its portfolio in the Netherlands to 631 MWp. This transaction builds on Clifford Chance's market-leading Project Finance practice and sector expertise in renewable energy. Clifford Chance has recently advised BEE on the acquisition and financing of 47 MW of PV projects in the Netherlands and on the acquisition and financing of two solar parks in the Netherlands of a total of 146 MW, among others.

      Key Highlight:

      * The plant is an extension to the operating 30 MW-PV plant Hoogeveen I and shall be connected to the grid by the end of 2022.

      Original Press Release:

      June 2 -- Clifford Chance issued the following news release:

      International Law firm Clifford Chance has advised Blue Elephant Energy ('BEE'), the Hamburg-based independent operator of solar and wind farms, on the acquisition and financing of a construction-ready PV plant in the Netherlands with a capacity of 10 MWp from its long-standing business partner Greencells Group, a global service provider for the development, construction, and maintenance of utility-scale solar power plants. As a result, BEE expands its portfolio in the Netherlands to 631 MWp.

      The project is located in the municipality of Hoogeveen in the Northeast of the Netherlands. The plant is an extension to the operating 30 MW-PV plant Hoogeveen I and shall be connected to the grid by the end of 2022. The project benefits from a feed-in-tariff under the SDE-regime. Read more about this project here(https://www.blueelephantenergy.com/en/PR_en/press_releases.php).

      This transaction builds on Clifford Chance's market-leading Project Finance practice and sector expertise in renewable energy. Clifford Chance has recently advised BEE on the acquisition and financing of 47 MW of PV projects in the Netherlands and on the acquisition and financing of two solar parks in the Netherlands of a total of 146 MW, among others.

      The Clifford Chance team was led by Liesbeth Buiter and Hein Tonnaer and consisted of Lotte de Bruin, Joris Dortmans, Genia Baardman, Julia van Heusden, Charlotte Horsten, Laura Stegeman, Esmee Oldenkamp, Stern Flik and Alec Sanderson.

      Source: Clifford Chance

      [Category: Energy, Business Expansion, M&A Activities, ESG]

    TOP

    Other Articles - International


    TOP

       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.