The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
The private equity house has made an investment of e300m (£262m) in three projects in the UK and Spain through dedicated renewables fund HgCapital Renewable Power Partners.
Herbert Smith, one of four firms on HgCapital’s advisory panel, acted on its acquisition of a 50 per cent stake in Scout Moor, a 65MW onshore wind farm near Manchester. Corporate partner Henry Davey led the team acting for the buyer on the transaction, while Addleshaws corporate partner Michael Birchall advised developer and longstanding client Peel Energy on the sell side.
In Spain the fund added two solar energy assets to its existing Mercurio Solar portfolio, with Cuatrecasas and Uría snaring the advisory mandates.
Cuatrecasas relationship partner Federico Roig led the team acting on the acquisition of an operational 12MW project in Castilla La Mancha, developed by Naturener. The developer was advised by Salans corporate partner Jose Maria Buxeda.
Cuatrecasas acted for HgCapital on its original investment into the Spanish renewables market when it acquired an existing portfolio from AIG in 2009.
However, the fund turned to Uría for its investment in an 8MW solar project currently under construction in Murcia. Finance partner Juan Ignacio González Ruiz led the team on the transaction.
The investment of e300m takes the private equity firm’s total investment in renewable energy beyond the e1bn mark, with a portfolio that includes 19 projects.