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News – 09.12.24
Buzzacott advises Downing LLP on solar portfolio acquisition
Discover how Buzzacott advises Downing LLP on solar portfolio acquisition … Read more
Insight – 18.12.24
Start-up guide: Everything you need to know about Tronc schemes to set your new hospitality business up for success
One challenge for new hospitality businesses is the management of tips and service charges. … Read more
Upcoming event – 16.01.25
VAT on Private School fees training
This in-depth, interactive training seminar is designed to provide school administrators, bursars, finance officers, accountants, and trustees with tailored support and expert insights on the practical implementation of VAT. … Read more
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130 Wood Street, London, EC2V 6DL
enquiries@buzzacott.co.uk T +44 (0)20 7556 1200
Seller: Undisclosed
Buyer: Downing LLP
Type of deal: Acquisition
Date: October2024
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Downing Sustainable Investment (“DSI”) has acquired a portfolio of around 2,900 domestic rooftop solar installations which provide electricity to tenants of 6 housing associations across Yorkshire, the East Midlands and East Anglia.
The transaction team was made up of Megan Leonard-Moran, James Wood and Alex Judd.
The tax due diligence team was made of Kazia Kruszewski, Nick Lee and Luke Savvas. Our tax team also provided specialist transaction structuring advice to DSI as part of this deal.
The VAT Consultancy team was made up of Kam Chauhan.
DSI, which is managed by Downing LLP, is an investment vehicle designed specifically for charitable institutions. DSI’s mandate is to provide access to renewable energy investments that can deliver a broader positive environmental impact as well as regular attractive returns that can support a charity’s day-to-day investment objectives.
We are excited to support DSI with their diversification agenda: This acquisition now brings exposure to UK wind and solar assets. Long-term investments into core renewables will support the UK’s journey to net-zero.
If you would like to receive notifications of our future deals or insights from our team on raising finance or selling a business, complete the form below to sign up to our mailing list. You can also leave us a question regarding our services in the text box, and one of our team members will be in touch.
