find the latest legal job
Senior Associate - Litigation & Dispute Resolution
Category: Litigation and Dispute Resolution | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Come work for a firm ranked in Lawyers Weekly Top 25 Attraction Firms
View details
Associate - Workplace Relations & Safety
Category: Industrial Relations and Employment Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Employer of choice · Strong team culture
View details
Freelance Lawyers
Category: Banking and Finance Law | Location: All Perth WA
· Freelance opportunities through Vario from Pinsent Masons
View details
Freelance Lawyers
Category: Other | Location: All Adelaide SA
· • Qualified lawyer with a strong academic background
View details
Freelance Lawyers
Category: Other | Location: All Melbourne VIC
· • Qualified lawyer with a strong academic background
View details
Outlook bright for Qld solar farm

Outlook bright for Qld solar farm

Gerard Pike

Funding has been secured for the Collinsville Solar Farm project.

Firms: Herbert Smith Freehills (Clean Energy Finance Corporation); DLA Piper (RATCH-Australia Corporation Limited); Allens (Australian Renewable Energy Agency)

Deal: RATCH-Australia Corporation Limited (RATCH) secured funding to develop the Collinsville Solar Farm in Queensland.

Value: $100 million

Area: Banking and finance, energy and resources

Key players: HSF partner Gerard Pike (pictured) led the team advising the Clean Energy Finance Corporation (CEFC). He was supported by executive counsel Alison Dodd and solicitors Matthew Selth, Anna Lam, Sarah Oh and Erin MacMullin.

Deal significance: RATCH secured $100 million of funding from the CEFC and the Australian Renewable Energy Agency (ARENA) to develop a solar farm near the town of Collinsville, south-east of Townsville.

CEFC is contributing $60 million in senior debt, as part of $370 million it has allocated to various large-scale solar projects. ARENA has committed to a $9.5 million grant and the rest of the funding is coming from RATCH’s equity.

The construction of the 42.5 megawatt AC solar farm will be managed by UGL Engineering Proprietary Limited. It is expected to be operational in May 2019.

“Financial close for Collinsville Solar Farm was achieved quickly and smoothly, with great co-operation between CEFC, ARENA and RATCH,” said Herbert Smith Freehills lead partner Gerard Pike.

“This project is a great example of the versatility of large-scale solar, utilising site and grid infrastructure previously used for superseded thermal generation. This year, 2017, has been the long-awaited ‘breakout’ year for the large-scale solar industry in Queensland, where the solar resource is among the best in the world.”

Year 2017 has so far been a bumper for renewable energy projects, with many wind and solar developments moving forward, including:
The White Rock Solar Farm in NSW;
The Stockyard Hill Wind Farm in Victoria;
The Darling Downs Solar Farm in Queensland; and 
The Bungala Solar PV project in South Australia

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

Outlook bright for Qld solar farm
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Oct 20 2017
Podcast: One of law’s most infamous alumni – in conversation with Julian Morrow
In this episode of The Lawyers Weekly Show, Melissa Coade is joined by The Chaser’s Julian Morrow....
Oct 20 2017
High Court overturns ‘excessive’ anti-protest legislation
Bob Brown’s recent victory in the High Court over the Tasmanian government was a win for fundament...
Oct 20 2017
Changes to Australian citizenship laws blocked
Attempts to beef up the requirements to obtain Australian citizenship were thwarted this week, after...
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...