South West accountancy firm Albert Goodman has announced it has advised Finlight on its acquisition of two operational solar sites, The Grange (50MW) in Nottinghamshire and South Lowfield (50MW) in Yorkshire, from NextEnergy Solar Fund.
This is the fourth significant acquisition project Albert Goodman has advised Finlight on, supporting its expansion in the renewable energy sector. With a total transaction value of £46m for this most recent deal, the firm supported on the financial, tax and VAT due diligence, including international elements. 
Finlight (formerly Atranto Onsite Energy) is a pan European platform for financing, installing and operating renewable energy projects. Its purpose is to accelerate the transition towards a cleaner, more flexible and accessible energy model. This acceleration has been the catalyst for a string of acquisitions made in recent times, with Albert Goodman supporting the process with technical diligence, coupled with strong commercial judgement.
Jian Li, Investment Director of Finlight, said, “Working with Albert Goodman was a key part of the successful acquisition of The Grange and South Lowfield. Their team provided clear, commercially-focused financial and tax advice, supporting us throughout the transaction with confidence.
“They demonstrated a strong understanding of both our business model and the renewable energy sector, helping to identify and mitigate key risks while ensuring we were well positioned to achieve a positive outcome. Their proactive approach and focus on commercial impact contributed to a successful acquisition.”
The transactions support Finlight’s continued investment in UK renewable infrastructure, helping to sustain operational solar assets located in regional areas and contributing to the long-term delivery of low carbon power. Target ownership in these transactions includes a number of multi-national, blue-chip companies.
Matthew Chandler, Partner at Albert Goodman, added, “Jian and the team at Finlight are truly committed to accelerating decarbonisation through impactful, scalable solutions. At Albert Goodman, meaningful partnerships are incredibly important to us, and it’s been a huge privilege to work with Finlight on no less than four significant acquisitions in recent times.”
Albert Goodman has been helping businesses in the South West for over 150 years, providing accountancy, audit and business advisory services to organisations of all sizes. It has offices in Taunton, Bristol, Yeovil, Weston-super-Mare and Weymouth.
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