Clifford Chance advises Blue Elephant Energy on the acquisition and financing of six ready-to-build solar parks in the Netherlands with an overall capacity of 120 MWp

Clifford Chance advises Blue Elephant Energy on the acquisition and financing of six ready-to-build solar parks in the Netherlands with an overall capacity of 120 MWp

International law firm Clifford Chance has advised Blue Elephant Energy ('BEE'), the Hamburg-based independent operator of solar and wind plants, on the acquisition and financing of six ready-to-build solar parks in the north-east of the Netherlands with an overall capacity of 120 MWp, from seller Chint Solar.

With an annual saving of 90,000 tons of CO2 emissions, the solar parks in the portfolio contribute to achieving the climate targets set in the Netherlands by 2035. Read more about BEE's projects here.

This transaction builds on Clifford Chance's market-leading Project Finance practice and sector expertise in renewable energy. Clifford Chance has recently advised BEE on the acquisition and financing of a 10 MWp construction-ready PV plant, on the acquisition and financing of 47 MW of PV projects in the Netherlands and on the acquisition and financing of two solar parks in the Netherlands of a total of 146 MW, among others.

The Clifford Chance team was led by Liesbeth Buiter and Hein Tonnaer, and consisted of Rutger Dekker, Joris Dortmans, Lotte de Bruin, Eyup Cerci, Charlotte Horsten and Esmée Oldenkamp.