Renew Estate advised on Wagga Wagga solar farm development
Norton Rose Fulbright has advised Renew Estate all aspects of the development of the Bomen Solar Farm in Wagga Wagga, NSW.
Firm: Norton Rose Fulbright (Renew Estate)
To continue reading the rest of this article, please log in.
Create free account to get unlimited news articles and more!
Deal: Renew Estate has been advised on the development of Bomen Solar Farm, including a PPA it has entered into with Westpac Banking Corporation and the sale of the Bomen Solar Farm to Spark Infrastructure Group.
Value: Undisclosed
Area: Corporate
Key players: The NRF team was led by corporate partner Martin Irwin, environment and planning partner Noni Shannon, regulatory partner Claire Forster, project finance partner Jo Crew and real estate partner Mike, who advised on all aspects of the development of the Bomen Solar Farm from its outset until completion of the PPA and sale to Spark.
The team was supported by partners Rob White and Emanuel Confos; senior consultant Karel Potgieter; special counsel Steven Choi, senior associates Johann Spies, Nicola Pearl, Claire Whitney, Stuart Robertson, Bianca Fernandes; associates Shen Low, Paul Hedderwick, Laura Waterford, Danielle Sterling, Jennifer Naulu, and Liya Wu; and lawyer Kit Man Cheng.
Deal significance: The 120 megawatt Bomen Solar Farm in Wagga Wagga, NSW is underpinned by two power purchase agreements (PPAs) with Westpac and Flow Power, according to a statement from NRF.
The project will provide the Wagga Wagga community with job opportunities, create significant local economic growth and boost the growing renewable energy sector in NSW.
“It is pleasing to be able to support Renew Estate on a solar farm development that will bring real benefits to regional NSW,” said NRF partner Martin Irwin.
“The sale continues the strong pipeline of renewable energy deals Norton Rose Fulbright has transacted in the last 12 months including industry deal award recipients Sunraysia solar farm, the Kwinana WtE and Vast Solar’s Jemalong West Plant.”