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Peel Holdings - Establishment of Wind Farm Joint Venture

Saturday, 23 February 2019

Friday, 17 December 2004

Travers Smith acted for regular client Peel Holdings ("Peel") on its on-shore wind farm joint venture with United Utilities plc.

The 50:50 joint venture was established as a vehicle for the proposed development of a 26 turbine wind farm at Scout Moor, to the north of Rochdale. The wind farm is envisaged to be capable of generating enough electricity every year to supply the average needs of over 51,000 homes.

"We were delighted to act for Peel on this exciting and complex joint venture, which heralds a new area of activity for Peel. Given the scale and phased nature of the project, it was obviously very important for the parties to identify and address at the outset the issues likely to be of importance to them during the life of the project".