BPV Braun Partners, working with Watson Farley & Williams, has advised the Creditas Assets investment fund on the sale of UK energy company Green Bess Developments.
Green Bess develops large-capacity battery storage facilities.
According to BPV Braun Partners, "the transaction involved four major battery storage projects in the UK. Three of these projects are located in Scotland and each has a planned capacity of 500 megawatts. The fourth project, located in England, will be developed in two phases – the first phase envisages a capacity of 450 megawatts and the second is expected to reach up to one gigawatt."
Earlier this year, BPV Braun Partners advised Creditas company UCED on its acquisition of GGE (as reported by CEE Legal Matters on June 12, 2024). In 2023, BPV Braun Partners advised UCED on its investment in the Prostejov power plant (as reported by CEE Legal Matters on May 18, 2023) and advised Creditas on the acquisition of British energy group InterGen (as reported by CEE Legal Matters on January 30, 2023).
The BPV Braun Partners team included Partner David Vosol and Attorneys at Law David Plevka and Pavel Brezina.
BPV Braun Partners could not provide additional information on the matter.
