Dentons represented Field on DIF Capital Partners’ Investment

Dentons represented Field on DIF Capital Partners’ Investment

The outlay will allow it to accelerate development and infrastructure

Dentons has advised Field, the renewable energy infrastructure company, on its £200 million investment from DIF Capital Partners, a leading infrastructure investor, which has financed over €15 billion across projects in the UK, Europe, and Australasia.

The investment will allow Field to accelerate the development and buildout its 4.5 GWh pipeline of grid-scale battery storage projects in the UK and Western Europe. Field seeks to contribute to the renewable energy infrastructure needed to reach a net zero DIF’s investment, which follows Field’s previous raise of £77 million that was announced last year. It was led by Plural Platform, Triple Point, and Philip Sutterby.

Elspeth Vincent, the General Counsel at Field commented, “The entire Dentons team truly understands growth-company corporate finance with their expert guidance have been an invaluable Partner throughout this investment.”

Joseph Altendorff, the UK head of Dentons' venture technology and emerging growth companies group said, "We're delighted to have had the opportunity to act for Field and support its vision. It's always exciting to work with high-growth companies and this was no exception. Field has a great team and deserves every success. We look forward to working with them for years to come."

Founded in 2021, Field has been operating its first site in the UK, a 20 MWh battery project in Oldham, Greater Manchester. It has another four sites totaling 210 MWh in or near construction in the UK - Newport in South Wales, Blackburn in Lancashire, Gerrards Cross in Buckinghamshire, and Auchteraw in the Scottish Highlands.

The Dentons team advising Field was led by Joseph Altendorff. He was supported by relationship Partner Neil Nicholson, Corporate Senior Associates Joseph Collingwood and Danni Hofmeyr, and Corporate Associate Annabel Mockridge.