Clifford Chance advises The Rise Fund on solar portfolio acquisition
Clifford Chance has advised The Rise Fund, a global-impact investment fund managed by alternative asset firm TPG, on the acquisition of approximately 1GW of solar PV projects from the Changzou, China-based company Trina Solar in Chile, Colombia, Mexico and Spain.
The solar PV projects included in the transaction are currently operational, under construction or in the late stage of development across Spain, Chile, Colombia and Mexico. They will serve as the first solar PV projects within the portfolio of newly created Matrix Renewables.
Clifford Chance fielded a team from London and Madrid that combined jurisdictional and product expertise, and which was led by Jeremy Connick (London), Charlotte Madden (London, pictured) and Jose Guardo (Madrid).
They were principally supported by Joshua Baxter (London), Pablo Cancelo (Madrid) and Leo Rudolph (London) as well as a tax team from London and Madrid including Nicholas Mace (London), Lina Le Roux (London) and Fernando Escribano (Madrid).