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Refinancing of Emerald Solar Farm kicks off

Global law firm Herbert Smith Freehills has advised a lender group on the refinancing of Lighthouse Infrastructure’s Emerald Solar Farm.

November 02, 2022 • By Emma Musgrave
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Refinancing of Emerald Solar Farm kicks off
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Firm: Herbert Smith Freehills (lender group); King & Wood Mallesons (the borrower)

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Deal: The lender group, consisting of Westpac Banking Corporation and National Australia Bank Limited, has been advised on the refinancing of Lighthouse Infrastructure’s Emerald Solar Farm.

 
 

Value: Undisclosed

Area: Banking and finance

Key players: The Herbert Smith Freehills team was led by partners Elizabeth Charlesworth and supported by senior associate Lisa Hamilton and solicitor Stephanie Simm.

Deal significance: Lighthouse Infrastructure’s Emerald Solar Farm is located in Central Queensland.

As per a statement provided by Herbert Smith Freehills, the solar farm comprises approximately 250,000 solar panels and has a total installed solar capacity of 72 megawatts of alternating current (MW AC).

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“Financing for the solar farm was originally obtained in 2017. Emerald Solar Farm has been operational since 2019 and generates enough electricity to power approximately 35,000 Queensland homes,” the statement explained.

Commenting further, Herbert Smith Freehills partner Elizabeth Charlesworth said: “We are pleased to have advised the lenders on the refinancing of Lighthouse Infrastructure’s Emerald Solar Farm, ultimately helping to drive Australia’s transition to clean energy.”

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Emma Musgrave

Emma Musgrave

Author

Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.

Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences. 

Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.

She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University. 

Email Emma on: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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