Greencoat Capital £191.2 million acquisition of Canadian Solar 142MW UK solar photovoltaic portfolio

22/2/2018
Private acquisition, Asset acquisition

£ 191.2 million

$ 267.023 million

Announced

22/2/2018


Overview:

  • Greencoat Capital, through fund Greencoat Solar II, has acquired a 142MW portfolio of solar assets from Canadian Solar for £191.2 million.
  • The portfolio comprises 24 sites across the UK. The majority of the assets are accredited under the ROC regime (between 1.2 and 1.4 ROCs) and seven of the assets are accredited under the FiT regime.

Sam Duke

Jurisdiction:

United Kingdom

Deal types:

Private acquisition
Asset acquisition

Practice area:

M&A

Industry sector:

Energy


Firms:

Party: Greencoat Capital (Acquirer)

Lawyer: Stephen Hill


Party: Canadian Solar (Seller)

Lawyer: Henry Stewart