This is a checklist of key issues for any local authorities considering purchasing a solar farm
This is a checklist of key issues for any local authority considering purchasing a solar farm.
This note does not deal with local authorities constructing their own solar farm assets (albeit a number of the same issues would apply). Nor does this note deal with local authority solar PV in a housing setting.
This checklist has been produced by Sharpe Pritchard LLP and is a high-level summary of key issues only. It should not be read as being definitive guidance. Detailed legal advice should be sought before entering into or considering any solar farm purchase and reliance should not be placed on this document in the context of any specific transaction. One thing we want local authorities to take from this note this that local authority purchase of major solar farm assets CAN be done. Not only this but it has been done on a number of occasions already. We have clients that have purchased or developed solar assets both in-house and via a company. We appreciate that developing a major solar project is outside the comfort zone of lots of local authority legal advisers (who are already very busy) as such we are here to help. This checklist provides a high-level summary of some of the key considerations local authority legal advisers might need to consider when considering any purchase of solar farm assets. This list is not definitive but hopefully it provides a good steer as to key issues that may be relevant to any transaction you are contemplating.
Please note this checklist does not cover wider issues such as development of business cases and carbon accounting — which are often material considerations in purchasing any solar farm.
The following phases are considered
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