15 December 2011
Watson, Farley & Williams (“WFW”), a leading international law firm, is pleased to announce that it has advised Velocita Energy Developments on its first UK deal – the acquisition of Maerdy Windfarm Limited from Renewable Energy Partnerships.
The Maerdy onshore wind farm project lies at the head of the Rhondda Valley in South Wales, and it is anticipated that the wind farm will have between 24 and 27 MW capacity.
Velocita Energy Developments is a new wind energy company, funded by private equity house Riverstone Holdings, to develop, construct and own wind projects across Europe.
Nick Fothergill, partner in the Corporate group said: “We are very pleased to have assisted Velocita Energy Developments with its first UK deal, which further demonstrates our capability as an onshore wind adviser.”
Andrew Lee, CEO of Velocita Energy Developments, said: “We enjoyed working with the Watson, Farley & Williams team, who showed a professional and efficient approach in assisting us to reach completion of the Maerdy acquisition.”