Gowling WLG advised Pioneer Point Partners on the deal.
Pioneer Point Partners (“Pioneer”), the infrastructure investment firm, invested into a biogas platform by its institutional fund, Pioneer Infrastructure Partners SCSp (“The Fund”).
The Fund is committing €60 million to Stream BioEnergy Limited (“Stream”), a leading developer and operator of Anaerobic Digestion (“AD”) plants in Northern Ireland and the Republic of Ireland. The initial investment will be used in part to acquire Tully I, a 3MW operational AD plant, owned by a group of investors including funds managed by Foresight Group. The plant, which is located in Ballymena, Northern Ireland, has been both developed and operated by Stream. Pioneer is backing Stream to create Ireland’s leading biogas company.
Gareth Baker (Picture) and Stephen Bowman led the Gowling’s team working with support from Eleanor Craven, Samantha Holland James Stainier and Tom Rank.
Law Firms: Gowling WLG;
Clients: Pioneer Point Partners;