Banking and renewables sector experts from Bristol-based national law firm Burges Salmon have advised one of Japan’s largest banks on its refinancing of a major UK wind farm.
The Burges Salmon team, led by banking partner Nathan Curtis with assistance from the firm’s real estate and projects departments, worked with Mitsubishi UFJ Financial Group (MUFG) core banking unit, the Bank of Tokyo-Mitsubishi UFJ, on the deal. 
MUFG was advised on all legal aspects of the transaction, which involved the refinancing of existing debt facilities for Twin Rivers Wind Farm Ltd, which owns and operates a 28.7 MW onshore wind power generating station on Humberside.
It was acquired last December by Irish investment group NTR for its NTR Wind 1 Fund from joint vendors InfraRed Environmental Infrastructure Fund and the Co-operative Group.
Nathan Curtis, pictured, said: “This is our first transaction acting for MUFG and we are pleased to have helped drive this project to financial close. It was great to work again with NTR following the successful close of the Quixwood Moor onshore wind financing last year. Our lender-side project finance practice continues to grow and provides a genuine alternative to the London market.”
MUFG executive director, power & renewables, Stephen Jennings added: “We are delighted to have worked with Burges Salmon on this deal, which was executed swiftly, in line with NTR’s expectations.”
