Foot Anstey advises Spanish renewable energy developer Elmya Energy on a significant joint venture

Foot Anstey's Energy team has advised Elmya Energy (Elmya), a leading international renewable energy developer and EPC contractor with developed projects across the globe, on their strategic joint venture with Renewable Power Capital ("RPC").

Under the joint venture, the partners will target a development pipeline of 4GW of large-scale standalone BESS, co-located BESS and solar PV assets across the UK. The strategic joint venture will significantly increase RPC's UK battery storage and co-located pipeline, with Elmya contributing a committed pipeline and prospective sites across England and Scotland. 

Elmya's UK development team, with their extensive technical expertise in development, design and engineering capabilities in BESS and co-located solar projects will support RPC and the joint venture to develop projects.

The Foot Anstey team led by Senior Associate, Kieran van Bussel included specialists from the Corporate Energy and EPIC (Energy, Projects, Infrastructure and Construction) teams, including Aliki Zeri leading on commercial and regulatory matters, with support from Mark Greatholder, Colin Shear, Giles Tidy, and Ken Lewins. RPC were advised by Eversheds Sutherland.

Carlos Pίñar Celestino, Managing Director of Elmya said about the team: "Your detailed guidance makes navigating these complexities much more manageable. We are grateful for the continued support of Foot Anstey."

Jose Maria Pίñar Celestino, CEO and Chairman of Elmya said: "Thank you very much for your support in this deal, which is the biggest and most ambitious Elmya has closed so far in the UK. Your support has been essential."

Kieran van Bussel said: "It was great to work with Elmya on this project, we've worked closely together on a number of exciting and ambitious mandates in recent years and it is fantastic to see the growth of their UK operations in the fast-moving storage and co-located market."