The acquisition takes Primrose's portfolio to 10 solar farms, representing 184 MW of total capacity, all either operating or under construction.
Gamma will be responsible for the construction, management and operation of the Wilton Farm site.
Wragge Lawrence Graham & Co's Energy team has guided Primrose Solar through its acquisition. Giles Clark, Primrose Solar CEO, said:
"Once again, the Wragge Lawrence Graham & Co team has proved that it has the depth of resource and expertise, plus the specialist knowledge of the solar energy market, to successfully close challenging and time-critical transactions. We look forward to continuing to work with the firm as we develop and extend our portfolio of solar farms, with the aim of making positive contributions to local and national renewable energy targets and reducing carbon emissions."
Gareth Baker, Corporate energy director of Wragge Lawrence Graham & Co, led a cross-firm team of specialists on the deal, which was successfully closed in just two and a half weeks. Gareth explained:
"With the ROC eligibility window closing at the end of next month, it was essential to work quickly so that all parties could focus on getting the project connected to the grid as soon as possible. We fielded a team of experts, working around the clock, to ensure success for Primrose, a client with whom we've worked closely on many projects."