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Fotowatio Renewable Ventures advised on project financing of Walla Walla Solar Farm

Global renewable development company Fotowatio Renewable Ventures Australia has been advised on the project financing of the Walla Walla Solar Farm, located in Walla Walla near Albury.

January 10, 2023 • By Jerome Doraisamy
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Firm: Herbert Smith Freehills (Fotowatio Renewable Ventures Australia)

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Deal: FRV Australia has secured funding from Clean Energy Finance Corporation, Export Development Canada and ING for the Walla Walla Solar Farm, located in Walla Walla near Albury. The solar farm is anticipated to begin its operations in 2023 and will have a peak power capacity of approximately 300-megawatt alternating current (MWac), HSF said in a statement.

 
 

Area: Energy and infrastructure.

Value: N/A

Key players: The HSF team was led by Melbourne partner Gerard Pike and executive counsel Amelia Fleming, with support from solicitors James Tong and Sylvia Tran.

Deal significance: Mr Pike commented: “We are excited to have worked with FRV Australia again on reaching financial close for Walla Walla Solar Farm — one of the few large-scale renewable energy greenfields projects to achieve close in the second half of 2022.

“Once constructed, it will make a significant contribution to Australia’s energy transition.”

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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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