Freeths advises on pioneering route-to-market arrangements for co-located solar and battery storage project
National law firm Freeths has advised ENGIE Global Energy Management & Sales (“ENGIE”) on an innovative power purchase and optimisation services contract for one of the UK’s first debt-funded co-located solar and battery storage project.
The project is being developed by DIF Capital Partners and ib vogt GmbH, and together with ENGIE’s partner Arenko Group, the parties have achieved a significant milestone in the UK energy sector.
The deal will see ENGIE offtake power from a 55MW solar farm and provide battery optimisation services to a co-located battery energy storage system over a period of 10 years.
Freeths is one of few UK law firms with a dedicated Clean Energy, Waste & Sustainability practice and acts for some of the UK’s major clean energy companies – developers, investors, contractors, aggregators, utilities and other energy suppliers – advising across a wide range of technologies including onshore wind, EV charging infrastructure, energy-from-waste, green hydrogen, alternative fuels, renewable heat, grid connections and electricity networks, as well as solar and battery storage.
The Freeths legal team was led by Managing Associate Liam O’Flynn.
Commenting on the deal, Liam O’Flynn said: “A significant move for co-located projects in the UK, this is an incredible achievement; we’re proud and delighted to have supported the ENGIE team on this complex and pioneering route to market contract in the UK clean energy sector and look forward to using our sector capabilities to continue our work with ENGIE.”
Headquartered in France, ENGIE is a global leader in low-carbon energy supply and services.
‘Doing the right thing’ is at the heart of Freeths. Find out more about our excellent client service and the strong set of values that guide the way we work.
Talk to us
Freeths are a leading national law firm with 13 offices across the UK. If you have a query about our services or just want to find out more, why not give us a call?
Contact: 03301 001 014