Cases

Mitsubishi UFJ Lease & Finance Co., Ltd.: Acquisition of stake in UK offshore windfarm project

Leading Japanese law firm Nishimura & Asahi advised Mitsubishi UFJ Lease & Finance Company Limited (“MUL”) [TSE: 8593] on its participation in the Moray East Offshore windfarm project, located in Moray Bay off the northeast coast of Scotland, UK.

MUL has agreed to acquire 20% of the shares of Diamond Green Limited, which holds a 33.4% stake in the project, from Diamond Generating Europe Limited, a UK-based subsidiary of Mitsubishi Corporation, through MUL Infrastructure UK Limited, a UK-based infrastructure-related investment subsidiary of MUL. The agreement gives MUL a 6.68% ownership stake in the project.

The Nishimura & Asahi team advising MUL was led by partners Megumi Shimizu, Yasunari Sugiyama, Hiroki Kaga, James Emerson, Mark Tudor and Kentaro Miyagi