International legal practice Osborne Clarke has advised Barratt Developments on the completion of the first development scheme in the London Borough of Sutton to access the Sutton District Energy Network (SDEN).
The development scheme is the UK’s first to combine so many different components including: a private housing developer, third party heat source, rail crossing for the heat pipe network infrastructure and a local authority owned Energy Supply Company.
The completion enables the New Mill Quarter (formerly the Felnex Trading Estate) development, comprising 725 homes including affordable housing, a new Lidl supermarket and additional to-be-let commercial space on a former industrial estate in Hackbridge, to access 3.3 GWh of heat through the SDEN.
Servicing homes across the South of London, SDEN is a ground-breaking initiative to use heat, which would otherwise go to waste, to deliver low-carbon supplies of hot water for heating and domestic use. The network is expected to save 900 tonnes of CO2 emissions with future phases projected to increase to over 5,000 tonnes.
Having previously advised on the acquisition of the Felnex development, Barratt Developments is a long standing and valued client of Osborne Clarke. The team that advised on the completion and was led by Legal Director Matt Ashley and Partner Kate Topp who were supported by Senior Associates Greg Hingley, Joanna Risdale and Sharon Lewis as well as Conveyancing Executive Liz Coombes.
Osborne Clarke is a recognised industry leader in real estate providing a comprehensive lifecycle service and advising major real estate industry organisations, ranging from developers and investors to property funds and corporate occupiers.