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Burges Salmon advises Finlight on £46.2 million expansion of UK solar portfolio

Picture of Camilla Usher-Clark
Blue Photovoltaic Solar Panels Mounted Roof

We have advised longstanding client Finlight (formerly Atrato Onsite Energy) on its acquisition of 100MWp of UK solar assets from NextEnergy Solar Fund for a total consideration of £46.2 million.

The portfolio comprises two large-scale operational sites: The Grange (50MW) in Nottinghamshire and South Lowfield (50MW) in Yorkshire, representing a significant expansion of Finlight’s generating capacity.

Our multi-disciplinary energy team advised Finlight on all aspects of the acquisition. The deal was led by Camilla Usher Clark, Charlie Morgan and Fahmida Rahman, with Ros Harris and Jodie Dehaney advising on Real Estate matters and Antonia Venning advising on grid and capacity market arrangements.

“We are delighted to complete this important acquisition, which represents a significant step forward in the continued growth of our solar portfolio and corporate customer base. The addition of these two high quality assets, which energises a leading drinks manufacturer,  further enhances our ability to deliver clean, reliable energy to businesses in the UK. We’re grateful to the Burges Salmon team for their expert support and commercially focused guidance throughout the process.”

Gurpreet Gujral, CEO, Finlight

“We were delighted to support the UK Finlight team once again as they expand their UK solar portfolio. The continued activity in the sector highlights the pace of the UK’s solar transition, and it was a pleasure to help secure another strong outcome for the Finlight team.”

Camilla Usher-Clark, Partner, Burges Salmon

This latest acquisition builds on Finlight’s continued strategic growth in the UK’s renewable energy sector. It further strengthens the business’s portfolio of high-quality solar assets, following previous expansion activity completed last year. The addition of these two sites reinforces Finlight’s position as a major investor in clean energy projects supporting the UK’s transition to net zero.

The firm’s award-winning energy lawyers are at the cutting edge of the sector, helping clients to deliver groundbreaking projects and operate successful businesses across the renewables, water, nuclear, fusion, hydrogen, energy storage, energy distribution, clean heat, water and waste sectors. From regulatory insight to delivering key project rights and high-profile M&A and financings, we offer deep sector knowledge and expert advice throughout the entire life cycle of a project. Experts across the firm work closely together, and this multidisciplinary approach allows us to view complex energy projects from all angles and provide tailored, commercially focused solutions for clients.

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