Island Green Power's Special Purpose Vehicle (SPV), Alyth Energy Project Limited, is the developer of a 500MW battery storage project at Alyth, near Blairgowrie. This is their first site in Scotland, marking a significant milestone in their expansion into the region. Our firm was engaged to handle the real estate work for this project, which included a lease option agreement, access and cabling rights, security, and title due diligence.
Client support
Our legal support for Island Green Power encompassed several key areas.
Real Estate Work: We meticulously reviewed and negotiated the lease option agreement to ensure it complied with relevant legislation and industry standards. This involved securing favourable terms for Island Green Power, mitigating potential risks, and ensuring clarity in the scope of work, timelines, and payment schedules.
Access and Cabling Rights: We provided guidance on securing access and cabling rights, ensuring that all aspects of the project adhered to stringent safety and legal requirements. This included negotiating easements and rights of way to facilitate the installation and maintenance of cabling infrastructure.
Security and Title Due Diligence: We conducted thorough security and title due diligence to identify and address any potential legal risks associated with the project. This involved reviewing land titles, identifying encumbrances, and ensuring that Island Green Power had clear and undisputed rights to the project site.
Conclusion
Our comprehensive legal support for Island Green Power's battery energy storage projects demonstrates our expertise in navigating the complex regulatory landscape of the energy and renewables sector. By ensuring compliance with legislation, managing risks, and securing favourable contract terms, we help Island Green Power deliver successful projects while maintaining the highest standards of safety and quality. This initial instruction has laid the foundation for a strong ongoing relationship, and we anticipate future instructions as Island Green Power continues to expand its development pipeline.
