Windmark DevelopmentsMonday, 09 December 2019
ByrneWallace has acted for Windmark Developments Ltd in the sale of its wholly owned subsidiary, Solar Farmers Ltd, to Energia Group. Solar Farmers Ltd holds the development rights for two proposed large scale ground mounted solar PV projects in County Meath.
Energia Group plans to develop the two projects, producing enough electricity to power 9,000 homes. The long-term intent is to further expand the plants to a service 58,000 homes. The two plants have planning permission for the construction of solar infrastructure that will generate up to 32MW of exported power, with the potential for future expansion to 220MW.
The ByrneWallace team that advised on the transaction was led by Gavin Blake (Partner and Head of Energy and Natural Resources) and included Jonathan Lynch (Senior Associate, Corporate) and Kelly Mackey (Solicitor, Corporate).