RATCH-Australia acquires major stake in Alinta Energy wind farm
Baker McKenzie has acted for RATCH-Australia in acquiring a major stake in a wind farm owned by Alinta Energy.
Firm: Baker McKenzie (RATCH-Australia)
Deal: Baker McKenzie has acted for RATCH-Australia on majority stake acquisition of Yandin Wind Farm from Alinta Energy.
Key players: Baker McKenzie’s team was led by partner and co-head of global renewable energy Paul Curnow. He was assisted by co-lead partner Kate Jefferson and a team comprising of Lev Gantly, Eve Gallagher, Eric Li, Aylin Cunsolo and Declan O'Donahue.
Deal significance: RATCH-Australia is owned by major Thai power generation company, RATCH Group. RATCH Group is a company incorporated in Thailand, founded in 2000, and listed on the Stock Exchange of Thailand with a market capitalisation equivalent to circa $2 billion.
Mr Curnow said: “We were delighted to act for our client, RATCH-Australia, an independent power producer with a portfolio of more than 1 gigawatt of Australian power generation assets in operation or under construction.
“The Yandin Wind Farm will be Western Australia’s biggest wind farm comprising of 51 of Vestas’ industry-leading 4.2-megawatt turbines that will connect to Western Power’s 330-kilovolt transmission network via a new 10-kilometre transaction line and terminal station that will be built, owned and operated by Western Power.”