TLT acts for One Planet Developments on sale of battery portfolio to Pulse Clean Energy Limited

The assets were purchased by investor, developer and holder of flexibility assets Pulse Clean Energy, building on a recent purchase of 72MW in Manchester and a portfolio of nine existing generation sites across the UK.  

TLT’s future energy team, led by corporate partner Kay Hobbs, managed by corporate associate Tom Lawrence and supported by Eleni Zinga, completed the transaction. The corporate tax team, including Mark Braude and Andree Parker provided additional support. 

Kay said, “The projects had been put together exceptionally well which, coupled with the pragmatic approach by both One Planet and Pulse, made for an extremely smooth sales process.  We’re delighted to see another couple of projects now move forward to construction and ultimately contribute to the transition to net zero”

Michael Campbell, head of legal at One Planet Developments said, “I’m very grateful to the team at TLT for their advice and expert turn-around, given their excellent market-knowledge of the renewables sector. This was the quickest, best run and most constructive deal I have ever been involved in.”