23 April 2024

Independent UK law firm Burges Salmon has advised EDF UK on the £25 million sale of its gas storage assets, Hill Top Farm and Hole House Farm, to Kistos Holdings plc, a low-carbon-intensity hydrocarbon producer. Both facilities have the potential to be repurposed for future energy storage uses, including that of compressed air or hydrogen, with concept studies currently underway.

The Burges Salmon team advising EDF UK was led by partners Malcolm Donald and Paul Browne, senior associates Amy Carr and Hannah Harrison, associate Victoria MacAulay and solicitor Will Penfold. Malcolm comments: “It has been a pleasure working with our longstanding client EDF UK on the sale of Hill Top Farm and Hole House Farm, with the transaction unlocking significant capital so EDF can continue to invest in its clean energy pipeline. With decades of experience advising the energy sector, and strong M&A capabilities, we were well positioned to support our client on this important development for the company.”

Chloë Mason-Williams, Head of Legal, Nuclear Generation and Thermal, at EDF UK added: “We always enjoy working with Burges Salmon, the team is excellent at simplifying what is really complex and resolving issues with tact. We’re grateful for their support and thorough advice throughout this transaction.”

Burges Salmon has over 20 years of experience in the renewable energy sector and is regularly engaged in first-of-a-kind work across onshore and offshore wind, solar, BESS, biomass, hydrogen and geothermal projects. The team advises on all key stages and aspects of major energy developments from planning, financing and construction through to operation and sale.

Key contact

Malcolm Donald Web Profile

Malcolm Donald Partner

  • Mergers and Acquisitions
  • Joint Ventures
  • Energy and Utilities

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