In 2017, the firm’s transactional energy lawyers completed an impressive 38 M&A deals with an aggregate deal value of approximately $612 million. This secured the team another strong ranking as one of the top two most active energy M&A teams globally (by deal volume) in Clean Energy Pipeline’s annual review. This result brings the number of clean energy deals completed by the team since the start of 2013 to 212, which also makes the team the most active energy M&A team globally over the last five years (by aggregate deal volume).
Highlights during 2017 included:
- the team’s work with Gravis on the acquisition of a 70MWp portfolio of operating wind farms from funds managed by Platina Energy Partners
- advising ENGIE on its acquisition of a minority stake in the Moray Offshore Windfarm East project from EDP Renováveis
- its work with Welsh Water, part of the Glas Cymru group, on its acquisition of a food waste anaerobic digestion and composting plant in Cardiff.
During the year the team also completed 12 project financings with an aggregate deal value of approximately $424 million.
Clean Energy Pipeline Global is an online daily news and data service that provides independent news, data and analytics on the clean energy sector. Its league tables rank the most active investors, law firms, financial advisors and project debt finance arrangers and lenders in the global clean energy sector.
Burges Salmon partner Camilla Usher-Clark says: "To achieve this level of ranking for the fifth year running is a fantastic reward for the immense work put in the by the team here, who deliver consistently on such a high volume of deals. It also reflects our firm’s strength in the UK energy M&A market across the different clean energy technologies."