Equitix to acquire renewable energy assets of BlackRock in UK
Equitix Investment Management (Equitix) is set to acquire UK renewable energy assets of BlackRock Reas Assets (BlackRock) consists of five operating wind farms and a solar photovoltaic farm.
The portfolio achieved commercial operations between 2010 and 2015. The projects were optimized with the debt capital structured through a refinancing process. The de-risked portfolio provides Equitix with long-term income from a high-quality core infrastructure asset.
RBC Capital Markets and Linklaters LLP are the financial and legal advisors for this transaction for BlackRock. PKF Francis Clark and Allen & Overy are the financial and legal advisors for this transaction for Equitix.
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