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32 MW Wind Energy Project in Donegal
LK Shields Solicitors acted as legal advisers to Sorne Wind Limited
in the negotiation of the €35,300,000 Senior and Mezzanine debt
facilities arranged and underwritten by KBC Bank NV and IIB Bank
along with an equity injection by the European sector-focused private
equity providers, Hg Capital, in Sorne Wind Limited for the development
and construction of a 32MW Sorne Hill wind farm in County Donegal,
Ireland.
Philip Daly who led the team from LK Shields Solicitors said: "This
was one of the largest and most complex wind energy deals in Ireland
this year. The firm was delighted to be involved and was glad to
be able to put out a strong team to provide a solution based approach
to represent the interests of the promoters of Sorne Wind Limited
in negotiations with the funders and to use its experience in large
scale projects to help bring this deal to a successful close ."
October 2005.
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