BayWa r.e. has offloaded three solar farms with a combined capacity of 121MWp across Leicestershire, Hampshire and North Somerset to Capital Dynamics, the green energy investor. Burges Salmon advised the German renewable developer on the disposal, which closes out projects at markedly different stages of development.
Fleet Solar Farm in Hampshire—the largest of the trio at 63MW—hasn’t broken ground yet.
Construction is slated for 2027, with commercial operations expected in 2028. Fleet secured a government-backed Contract for Difference, the subsidy mechanism that guarantees a minimum power price. Capital Dynamics inherits that construction timeline and the CfD commitment.
The other two sites, Clump Farm in Leicestershire and Yanel Solar Farm in North Somerset, already have full planning consent. Together they could generate enough electricity for roughly 30,000 homes annually. Both projects incorporate biodiversity measures designed to enhance local habitats.
For BayWa r.e., the sale exemplifies a develop-and-exit model increasingly common among European renewables developers. Build the pipeline, secure planning or offtake agreements, then sell to infrastructure investors with longer holding horizons. The proceeds typically cycle back into early-stage development.
Danny Lee, a partner in Burges Salmon’s Corporate and M&A practice, led the legal team. Senior associate Niall Mackle worked alongside him, while Projects partner Alec Whiter handled construction and grid aspects. Silvana Van der Velde, a director in the firm’s Tax practice, and solicitor Amy Briscoe advised on structuring.
Mackle emphasised the strategic dimension. “We are delighted to have supported BayWa r.e. on this transaction. The sale of these three solar farms marks an important milestone in our client’s strategy to leverage existing assets and reinvest in new renewable developments. These projects reflect the scale and ambition required to accelerate the UK’s transition to clean energy, and we are proud to have played a part in enabling that progress.”
Burges Salmon, an independent firm with offices in Bristol, Edinburgh and London, placed second in Clean Energy Pipeline’s 2025 league table for clean energy M&A activity. The firm also ranked in the top 10 for project finance and fifth in the inaugural Influence Factor rankings, which measure adviser impact across the sector.
Jenny Allan, head of legal at BayWa r.e. UK & Ireland, highlighted the quality of the assets changing hands. “We are proud of the quality and long-term impact of these solar farms and pleased to see them transition to the hands of a strong partner like Capital Dynamics. Looking ahead, we remain committed to delivering high-value renewable projects that accelerate the UK’s clean energy transition, in close collaboration with communities and local stakeholders. We really valued Burges Salmon’s support in helping us to achieve a successful outcome and we were impressed with the team’s understanding of the energy sector.”
The transaction completed in May 2026. What BayWa r.e. plans to develop next with the proceeds remains undisclosed, though the company continues to advance wind, solar and battery storage projects across Europe.
