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Commonwealth Superannuation Corporation sells stake in wind farm
Morrison & Co and Commonwealth Superannuation Corporation have been advised on the sale of CSC’s stake in the Macarthur Wind Farm.
Jerome Doraisamy
Firm: Gilbert + Tobin (Morrison & Co and Commonwealth Superannuation Corporation).
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Deal: HRL Morrison and Co has been advised on the sale of a 50 per cent effective interest in the Macarthur Wind Farm on behalf of the Commonwealth Superannuation Corporation to funds managed by Palisade Investment Partners and First Sentier Investors.
Value: Undisclosed.
Area: Corporate advisory.
Key players: The G+T team was led by partner David Josselsohn and head of energy and infrastructure Alexander Danne, who were supported by special counsel Matthew O’Connor, consultant Michael McDonald and lawyers Kestin Brown, Emily Rothfield and James Soussa.
Deal significance: Mr Josselsohn and Mr Danne said: “We were delighted to act for our long-standing client Morrison & Co on this significant sale transaction, which will allow CSC to re-invest in new renewable energy projects.”
