Global law firm Norton Rose Fulbright has advised iCON Infrastructure Partners on the divestment of its interests in Beckton Energy Limited and Rothes CoRDe Limited to Arjun Infrastructure Partners.
Beckton Energy owns a combined heat and power facility in Beckton (England) presently fuelled by tallow oil and rape seed oil and Rothes CoRDe owns a combined heat and power facility in Rothes (Scotland) fuelled by a combination of wood and draff. iCON’s co-investors in Beckton Energy, Melquart Limited and 2OC (Holdings) Limited also sold their respective stakes.
Clementine Hogarth, partner, Norton Rose Fulbright commented:
“We are delighted to be involved in this transaction for our client, iCON Infrastructure. Having acted on iCON Infrastructure’s original investment in Rothes CoRDe, it is especially pleasing to later advise on its successful divestment.”
The Norton Rose Fulbright team was led by partner Clementine Hogarth, with assistance from of counsel Jim Jordan and associates Sam Morrey and James Pritchard.
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Notes for the editors:
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