19 August 2014

Burges Salmon has advised renewable electricity company Good Energy Group PLC on its disposal of a consented solar project.

The disposal comprised the sale of its 100 per cent shareholding in a group subsidiary which holds the consented 49.9MW solar site in West Raynham, Norfolk to a member of the Trina Solar group which completed at the beginning of August.

The solar project was sold for between £3.4 million and £6.8 million. The final figure will depend on when the site is commissioned.

Corporate team partner Dominic Davis and solicitor Gillian Saunderson led the team acting for Good Energy on the disposal.

Dominic Davis said: “We are delighted to have been able to advise Good Energy on this transaction, which formed part of its overall strategy to own and generate 50 per cent of its renewables supply.”

Key contact

Dominic Davis

Dominic Davis Partner

  • Corporate
  • Mergers and Acquisitions
  • Joint Ventures

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