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Harmony Energy Limited enters into a Renewables Development Joint Venture with Ritchie-Bland Energy relating to the development of a pipeline of renewable energy and/or energy storage projects

Fasken
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Overview

Client

Harmony Energy Limited

On October 8, 2021, Harmony Energy Limited entered into a Renewables Development Joint Venture with Ritchie-Bland Energy (Number 2) Ltd ("RBE") pursuant to which Harmony Energy and RBE have agreed to fund, and Harmony Energy has agreed to conduct, the development of renewable energy and/or energy storage projects in the UK. Once the projects have reached "shovel ready" status the intention is for the joint venture partners to offer the projects to Harmony Energy Income Trust plc for acquisition.

Fasken recently advised Harmony Energy Income Trust plc on its £210 million Initial Public Offering and admission to trading on the Specialist Fund Segment of London Stock Exchange plc's Main Market.  

The Fasken team was led by Guy Winter and also included Chloe Gill-Braun, Lucinda Patrick-Patel and Carlie Marrows.

Jurisdiction

  • England

Team

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