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WaterNSW enters into development agreement for Phoenix Pumped Hydro project

Global law firm Ashurst has advised WaterNSW on the development agreement for the new Phoenix Pumped Hydro project at Burrendong Dam.

January 24, 2023 • By Jerome Doraisamy
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Firm: Ashurst (WaterNSW)

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Deal: WaterNSW, a state-owned corporation that operates and maintains large dams across NSW, has been advised on the development agreement for the new Phoenix Pumped Hydro project at Burrendong Dam as part of WaterNSW’s Renewable Energy Storage Program.

 
 

Area: Transport and infrastructure

Value: N/A

Key players: The Ashurst team was led by partner Gareth Sage, who was supported by counsel Melinda Harris and Ben Kipic and associate Dan Trevanion.

Deal significance: Mr Sage said: “WaterNSW’s Renewable Energy and Storage Program encourages private sector investment in renewable energy storage projects by leveraging WaterNSW’s land and assets.

“We are proud to have advised WaterNSW on this significant milestone in this innovative program.”

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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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