Carson McDowell Advises on Sale of Slieve Rushen Wind Farm to Platina Partners
08 October 2014
Carson McDowell’s Energy Team was appointed to advise the Administrators of Quinn Insurance on the sale of the Slieve Rushen Wind Farm to Platina Partners LLP. One of the largest single site wind assets on the island of Ireland, Slieve Rushen has an installed capacity of 54MW, through 18 3MW wind turbine generators. The wind farm is located in County Fermanagh and has capacity to power over 30,000 homes. Platina is an independent European investment firm focusing on renewable energy infrastructure. The amount agreed has not been disclosed.
The team from Carson McDowell LLP was led by Neasa Quigley, partner and Head of the Firm’s Energy team and Emma Cooper, partner in the Real Estate team.
Speaking about the transaction Emma Cooper said: “Carson McDowell are delighted to have been appointed as the advisors to the Administrators of Quinn Insurance on this landmark renewable energy transaction. The renewable energy sector in the island of Ireland continues to grow and develop bringing rewards for local communities, investors and developers and we wish Platina every success with respect to the acquisition of this asset. Our appointment further demonstrates the depth and breadth of experience of the Carson McDowell Energy Team as leading legal advisors within the Energy and Renewables Sector”