find the latest legal job
Senior Associate - Litigation & Dispute Resolution
Category: Litigation and Dispute Resolution | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Come work for a firm ranked in Lawyers Weekly Top 25 Attraction Firms
View details
Associate - Workplace Relations & Safety
Category: Industrial Relations and Employment Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Employer of choice · Strong team culture
View details
Freelance Lawyers
Category: Banking and Finance Law | Location: All Perth WA
· Freelance opportunities through Vario from Pinsent Masons
View details
Freelance Lawyers
Category: Other | Location: All Adelaide SA
· • Qualified lawyer with a strong academic background
View details
Freelance Lawyers
Category: Other | Location: All Melbourne VIC
· • Qualified lawyer with a strong academic background
View details
Thai-owned company acquires Queensland wind farm

Thai-owned company acquires Queensland wind farm

Two firms have advised on the acquisition of a $360 million wind farm project located on Mount Emerald, north Queensland.

Firms: Mills Oakley (Ratch Australia); Port Bajool in-house team (Port Bajool)

Deal: Ratch Australia has acquired Port Bajool’s 50 per cent stake in a Mount Emerald wind farm, meaning Ratch now holds 100 per cent equity in the project.

Value: Undisclosed

Area: M&A

Key players: The team advising Ratch was led by Mills Oakley partner Luke Westmore, with assistance from special counsel Nicole Tumiati and senior associate Nile Rodman.

Deal significance: Located in north Queensland, the Mount Emerald wind farm is a $360 million project backed by the state and federal governments.

Thai-owned energy producer Ratch Australia and local developer Port Bajool each had a 50 per cent stake in the Mount Emerald wind farm, however the new acquisition will see Ratch hold 100 per cent equity in the project.

The project will enter its construction phase later this year and will be completed within two years, incorporating up to 53 turbines capable of generating enough electricity to power 75,000 homes each year.

“We are delighted to have advised Ratch on the acquisition of 100 per cent of the Mount Emerald wind farm project and we look forward to working with Ratch on the financing of this landmark renewable energy project, which, once constructed, will be the largest renewable energy project in Queensland,” said Mr Westmore.

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

Thai-owned company acquires Queensland wind farm
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
microphone
Oct 20 2017
Podcast: One of law’s most infamous alumni – in conversation with Julian Morrow
In this episode of The Lawyers Weekly Show, Melissa Coade is joined by The Chaser’s Julian Morrow....
protest
Oct 20 2017
High Court overturns ‘excessive’ anti-protest legislation
Bob Brown’s recent victory in the High Court over the Tasmanian government was a win for fundament...
Blocked
Oct 20 2017
Changes to Australian citizenship laws blocked
Attempts to beef up the requirements to obtain Australian citizenship were thwarted this week, after...
APPOINTMENTS
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
opinion
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
Help
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...