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Burges Salmon advises the shareholders of Wind2 on disposal to Boralex

Picture of Jonathan Eves

We have advised the shareholders of Wind2, a UK-based renewable energy developer specialising in onshore renewable energy projects, on its acquisition by Canadian renewable energy producer, Boralex.

Founded in 2016, Wind2 develops onshore wind projects, solar farms, and energy parks across Scotland, Wales, and England. Boralex acquires a high-quality development platform of approximately 350 MW of well-advanced wind projects. It also integrates the Wind2 teams across its two UK offices, significantly expanding Boralex’s UK workforce and development capabilities. 

The acquisition highlights a growing macro trend across the UK renewables landscape, where international operators are consolidating high-quality regional development platforms to secure mature onshore pipelines essential for achieving the UK’s ambitious net-zero and energy security goals.

The Burges Salmon team advising the shareholders of Wind2 was led by Corporate partner Jonathan Eves and director Bethan Penrhyn-Jones, with support from associate George Robinson. Euan Bremner and Sarah Stewart led on the Real Estate aspects of the transaction, with additional support provided by our Projects, Planning and Tax teams for the shareholders of Wind2 throughout the process.

“It was a pleasure to support and advise the Wind2 team on this milestone transaction. This acquisition represents a major step forward for the UK’s onshore renewable sector. The strength of Wind2’s portfolio, combined with Boralex’s operational scale, creates a powerful platform to accelerate the delivery of vital green energy infrastructure across the country.”

Jonathan Eves, Partner at Burges Salmon

“This transaction builds on our longstanding relationship with Gerry, Paula and the Wind 2 team, whom we have been pleased to support on a range of matters over the years.”

Euan Bremner, Partner at Burges Salmon

“Burges Salmon made this a smooth and seamless process, providing expert legal guidance at every stage. The Boralex values align perfectly with those of Wind2, and I believe they are the right company to support our team’s future as they continue to contribute to the UK’s renewable energy transition.”

Gerry Jewson, Chairman and co-founder of Wind2

Burges Salmon’s Corporate and M&A team is a market leader in the renewable energy sector, with over 30 years of experience advising on complex, first-of-a-kind clean energy transactions. The firm provides comprehensive, cross-disciplinary legal guidance throughout a project’s lifecycle, helping clients successfully navigate the financial, policy, and regulatory landscapes of the UK energy market.

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