DLA Piper advised Prime Capital AG and Enlight Renewable Energy on the deal.
Prime Capital AG, the independent asset manager and financial services provider, and Enlight Renewable Energy (Enlight), the Tel-Aviv-listed independent power producer, executed their co-investment in the ready-to-build Björnberget wind park project in central Sweden. This is Prime Capital’s first investment from its newly launched Prime Green Energy Infrastructure Fund (PGEIF).
The Björnberget wind farm is one of the largest onshore wind projects to start construction in Europe in 2020 and was developed by RES, the world’s largest independent renewable energy company. The project is expected to reach commercial operation at the beginning of 2023.
The DLA Piper team advising on the transaction comprised over 30 lawyers across five jurisdictions, and was led by London-based Finance and Projects partner Fredrik Lindblom (Picture), alongside Stockholm-based partner Björn Sjöberg on the acquisition and Global Co-Chair of Energy and Natural Resources, Natasha Luther-Jones on the project documents and cPPA.
Law Firms: DLA Piper;