Ashurst advises Qair on the acquisition of Green Switch Capital
22 August 2024
Global law firm Ashurst has advised Qair on the acquisition of a significant majority share in Green Switch Capital, a UK–based renewable energy developer specialised in solar PV, battery storage (BESS) and onshore wind technologies.
Green Switch Capital has developed a pipeline in excess of 15GW, with many projects having already secured grid offers, land leases and grid connections. The first projects are expected to be commissioned in 2026.
The addition of Green Switch Capital's experienced team and deep and diversified pipeline of development assets, including sizeable storage projects, will allow Qair to offer competitive energy solutions to its clients and will enable Qair to address the evolving energy needs of its customers while actively supporting their sustainability strategies.
The Ashurst team was led by corporate transactions partner Dallan Pitman. He was supported by senior associate Grafton Cederburg and associates Florence Fry, Harry Pye and Victoria Padley. Partner Duncan Liddell advised on competition matters with support from senior associate Natasha Gromof. Partner Nicholas Gardner assisted with tax advice with support from senior associate Umut Bektas and associate Luis De Freitas. Senior associate Michelle Davenport and associates Ciaran Rutherford, Sarah Ryan and Amelia Gordon advised from the projects and energy team whilst senior associates Olivia Barton, James Nierinck and Ben Groves and associate Lauren Cole assisted from the environment and planning team.