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Harmony Energy Limited successfully completes the sale of project rights of a 30MW solar PV and battery energy storage asset to BayWa through a planned divestment

Fasken
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Overview

Client

Harmony Energy Limited

In February 2022, Harmony Energy successfully completed the sale of project rights of a 30MW solar PV and battery energy storage asset to BayWa r.e. through a planned divestment.

We advised Harmony Energy Limited on the sale of the project rights to its 30MW Driffield solar PV and battery energy storage asset to renewable energy services provider, BayWa r.e. UK Limited. Battery energy storage is an increasingly important asset class in the clean energy transition as the penetration of intermittent renewable energy generation from wind and solar increases.

Fasken advised Harmony Energy Limited with a team led by Guy Winter which also included Chloe Gill-Braun and Carlie Marrows.  

Jurisdiction

  • England and Wales

Team

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