CleanCo completes Dulacca PPA

CleanCo completes Dulacca PPA

29 September 2021 By Emma Ryan
CleanCo completes Dulacca PPA

Global law firm Ashurst has advised CleanCo Queensland Limited on its power purchase agreement (PPA) with Dulacca Energy Project Co.

Firm: Ashurst (CleanCo Queensland Limited).

Deal: CleanCo Queensland Limited has completed a PPA with Dulacca Energy Project Co for the 180.6 megawatts AC Wind Farm near Roma in Western Queensland.

Value: Undisclosed.

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Area: Energy, infrastructure.

Key players: The Ashurst team was led by partner Dan Brown and included partners Murray Wheater and David Wadham, counsel Douglas Fung, senior associates Dale Gill, Danielle Davidson, Peter Grayson, and Amaya Fernandez, and associates Jacklin Molla and Connor Davies.

Deal significance: Dulacca is a subsidiary of global renewables developer RES.

“CleanCo is supporting new renewable energy projects across Queensland through PPAs and capacity purchase agreements (CPAs). These commitments contribute to achieving Queensland’s target of 1400 megawatts of new renewable energy by 2025 and support the Queensland government’s 50 per cent Renewable Energy Target by 2050,” an Ashurst statement explained.

“This PPA is an important element of CleanCo’s ambitions to deliver clean, green energy to its clients and customers in Queensland.”

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Commenting further, Ashurst partner Dan Brown said: “We are super humbled to yet again advise Queensland government entity, CleanCo Queensland Limited, on another renewable power purchase agreement”.

“This power purchase agreement will push Queensland forward in decarbonising its economy while facilitating up to 150 jobs and will generate more than $400 million in economic activity for regional Queensland.”

CleanCo completes Dulacca PPA
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