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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.

January 18, 2022 • By Jerome Doraisamy
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Commonwealth Superannuation Corporation sells stake in wind farm
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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.

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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.”

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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. 

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