Deals

Multinational law firm Pinsent Masons has advised Edinburgh-based Red Rock Power Limited on the sale of 50 per cent of the Inch Cape Offshore Wind Farm development and subsequent joint venture with ESB. Once complete, the wind farm will generate approximately one gigawatt of electricity, powering up

The corporate team at Shoosmiths has advised Extreme E in securing additional funding. Extreme E is an international off-road racing series that brings electric racing to remote parts of the world to highlight climate change challenges.

Womble Bond Dickinson (WBD) has advised waste management and recycling company Augean plc on its acquisition of the EcoCentre in Peterhead from US oil services firm Halliburton. Located in Aberdeenshire at the heart of the oil and gas supply chain, the EcoCentre provides the North Sea oil and gas in

Lawyers in the Edinburgh office of Burges Salmon have advised on a major partnership to develop offshore wind projects in the Lithuanian Baltic Sea. The firm's corporate team advised Ocean Winds (OW), the offshore wind joint venture formed between EDPR and ENGIE, on its strategic partnership with Li

Addleshaw Goddard has advised on the £2.33 million capital raising comprising a placing and offer for subscription by Frontier IP Group plc. Frontier IP, an AIM-listed specialist in spinning out and commercialising intellectual property, has raised approximately £2.33m by way of a placin

Burges Salmon has advised Europe's first oncology drug discovery accelerator, Cumulus Oncology, in connection with its inaugural investment fundraise of £1.7 million. St Andrews-based investment firm Eos Advisory led the investment round, supported by the Scottish Investment Bank, the investme

Anderson Strathern has advised Crown Estate Scotland on the purchase of a sustainable development site near Montrose in Angus. The 123-acre Zero Four site was bought by Crown Estate Scotland from ISLA Developments for £3.7 million and marks Crown Estate Scotland’s first purchase since be

Burges Salmon has advised global renewable energy developer BayWa r.e. UK on the acquisition of Brockwell Energy’s Dalquhandy Wind Farm in Coalburn, South Lanarkshire. Dalquhandy is one of Brockwell Energy's key projects, owing to its good wind resource as well as its proximity to Coalburn and

Scottish fintech Aveni has secured seed investment of £520,000 for its video conferencing based AI technology, which aims to transform client interaction in financial and professional advice sectors in the new age of ‘digital client service’. The investment, led by the TRICAPITAL a

DWF has advised Keywords Studios, an international technical and creative services provider to the global video games industry, on its placing to raise gross proceeds of approximately £100m. The shares being issued represent approximately 10.5 per cent of the issued ordinary share capital of t

CMS has advised United Capital in its acquisition of Bellshill-headquartered central heating provider Saltire Facilities Management for an undisclosed sum. Saltire Facilities Management has more than 320 direct employees and is currently one of the UK’s largest central heating and electrical s

DLA Piper has advised long-standing client Greencoat UK Wind on the acquisition of the South Kyle wind farm in Scotland from developer Vattenfall for £320 million once the farm begins operating in Q1 2023. South Kyle is located 5km to the east of Dalmellington on the boundary of Dumfries &

Macdonald Henderson has advised EHC Energy Limited, the distributor of electric heating and hot water products, on the employee buyout of the company from existing shareholders/directors, Bill Walters and David Stevenson. The transaction was supported by acquisition finance from Clydesdale Bank.

The corporate team at Harper Macleod is on course to complete more than 30 deals worth over £50 million during the lockdown period – in a positive sign that corporate Scotland is still open for business. Since the UK's lockdown began on 23 March, the firm's team has completed 12 deals re

CMS has acted as principal and lead lawyers in the reverse takeover of Hertsford Capital plc by Lancaster-based marine technology company OTAQ Group Limited. Hertsford, which will change its name to OTAQ plc shortly, is now listed on the London Stock Exchange (LSE). The transaction also included an