Major Hydro deal at Young & Partners

Young & Partners is pleased to announce that it has advised Green Highland Renewables Limited on its deal with one of Scotland’s major landowners, Forestry Commission Scotland, to develop multiple run of river hydro projects in Scotland.

The deal envisages a series of separate projects on varying forms of a joint venture basis, some with multiple landowners and all with community benefits built in.

Financing for the deal was raised in London.

Green Highland Renewables specialises in developing small to medium scale hydro electric schemes. Their main focus is to provide advice and solutions to landowners on sustainable hydro schemes through the whole process of design, procurement and operation.

The Young & Partners team was led by Neil Killick, partner (Corporate/Energy), supported by partners Tom Johnston (Land) and Ruth Waters (Construction).

Neil commented: “We were delighted to work on this transaction. This project marks another major step for the Scottish hydro energy market, demonstrating that Scottish hydro projects are financially attractive. We look forward to the roll out of the individual schemes over the forthcoming months.”

Contact
Neil Killick, Partner
Tel: (+44) 01383 745781
E-Mail: nk@businesslaw.co.uk

Andrew Smith
Partner
Tel: (+44) 0141 222 5978
Email: aas@businesslaw.co.uk