You have 0 free articles left this month.
Big Law

Grok Ventures advised on investment in Sun Cable

Private investment firm Grok Ventures has been advised on its investment in an Australian solar wind farm intended to supply Singapore with renewable energy.

November 27, 2019 • By Jerome Doraisamy
Share this article on:
Facebook X LinkedIn
Solar wind farm
expand image

Firm: Herbert Smith Freehills (Grok Ventures).

This content is available exclusively to Lawyers Weekly premium members.
Deal: HSF has advised Grok on its investment in the $20 billion Sun Cable project, which is “set to include an array of panels spanning 15,000 hectares in Australia’s Northern Territory, which will supply electricity via a high-voltage direct-current transmission network to Singapore, as well as to the Darwin area”.

 
 

Area: Capital markets.

Value: Undisclosed.

Key players: The HSF team was led by partner and head of venture capital Capital Peter Dunne, who was supported by senior associate Wendy Tian.

Deal significance: Dunne said: “We are delighted to have advised Grok Ventures on its investment in the Sun Cable project, and to have worked with Grok on what is another groundbreaking transaction. We look forward to supporting its future investment initiatives”.

Head of Grok Ventures Jeremy Kwong-Law said: “We are really excited to support the Sun Cable team on this lighthouse project. A real demonstration of huge vision, ambition and human ingenuity. This unique investment required a unique structure and a real commercial approach to legal execution. Having worked with Peter and Wendy many times, they once again delivered for us”.

Discover logo VIEW ALL

Want to see more stories from trusted news sources?
Make Lawyers Weekly a preferred news source on Google.
Click here to add Lawyers Weekly as a preferred news source.

Jerome Doraisamy

Jerome Doraisamy

Author

Jerome Doraisamy is the managing editor of professional services (including Lawyers Weekly, HR Leader, Accountants Daily, and Accounting Times). 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: This email address is being protected from spambots. You need JavaScript enabled to view it. 

Know More
Tags