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Allens has advised Goldwind on the development and financing of the Stockyard Hill Wind Farm project, which commenced construction earlier this month.
Firm: Allens (Goldwind); Herbert Smith Freehills (financiers).
Value: $110 million.
Area: Project finance.
Key players: The Allens team was led by partners Andrew Mansour and Scott McCoy, who were assisted by partner Michael Graves, senior associates Karla Drinkwater and Lucy Woodruff, associate Stephanie Kam and lawyer Jessica O’Sullivan.
Deal significance: When constructed the 530MW wind farm will be the largest in the southern hemisphere, Allens said, producing enough clean energy to power approximately 391,000 homes.
The firm was delighted to have worked with Goldwind on the project, Mr McCoy said.
“The development is a coup for renewable energy production in Australia, not only for the scale of its energy output, but also for the competitive price at which it will be produced,” he said.
“Through this project and others, we’re seeing continued interest and investment in wind energy, and renewable energy in general, with the industry establishing itself as a growing contributor to the Australian energy mix.”
Jerome Doraisamy is the managing editor of Lawyers Weekly and HR Leader. He is also the author of The Wellness Doctrines book series, an admitted solicitor in New South Wales, and a board director of the Minds Count Foundation.
You can email Jerome at:
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