DLA Piper’s £300m deal

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A TEAM from DLA Piper’s Sheffield office has helped to bring plans to generate electricity from the roofs of homes owned by social housing groups to fruition.

The legal team, led by Jon Kenworthy, supported by Nigel Howard, Roger Gough, Paul Roberts and Michael Dearden, advised the UK’s largest supplier of heating and renewable energy, Ega, on a scheme to raise £300 million to fund the installation of up to 37,000 solar PV systems on properties owned by social landlords in England.

The scheme is the first of its kind and scale in the UK and takes advantage of the Feed In Tariffs.