Mitsubishi UFJ Lease & Finance Company Limited (TSE:8593) and Arjun Alliance UK 2 LP agree to acquire Ballyhoura Wind and CCWFL Wind Farms from Brookfield Renewable Ireland Limited for approximately €120 million on October 5, 2020. Under the terms of transaction, Ballyhoura Wind operates the 19 MW wind farm in County Clark, and CCWFL Ltd, which operates the 27.5-MW Slievecallan wind farm in County Clare. On 5 October 2020, the European Commission received notification for acquisition of Ballyhoura Wind Limited and CCWFL Limited onshore wind farms located in Ireland. The Commission concluded that the proposed acquisition would raise no competition concerns, given the absence of overlaps between the activities of the companies. The transaction was examined under the simplified merger review procedure. On October 29, 2020, European commission approved the transaction. McCann FitzGerald acted as a legal advisor to Ballyhoura Wind and CCWFL Wind Farms while Santander Corporate & Investment Banking acted as a financial advisor and Pinsent Masons LLP acted as a legal advisor to Arjun Alliance UK 2 LP in the deal. Mitsubishi UFJ Lease & Finance Company Limited (TSE:8593) and Arjun Alliance UK 2 LP completed the acquisition of Ballyhoura Wind and CCWFL Wind Farms from Brookfield Renewable Ireland Limited on November 27, 2020.