find the latest legal job
Corporate and Commercial Partner
Category: Corporate and Commercial Law | Location: Adelaide SA 5000
· Full time · Join a leading Adelaide commercial law firm
View details
In-house Legal Counsel & Commercial Lawyers
Category: Corporate and Commercial Law | Location: All Sydney NSW
· Providing lawyers with flexibility and control over when they work, how they work and who they work for.
View details
In-house Legal Counsel & Commercial Lawyers
Category: Corporate and Commercial Law | Location: All Melbourne VIC
· Providing lawyers with flexibility and control over when they work, how they work and who they work for.
View details
Legal Inhouse / Lawyer / Company Secretary
Category: Other | Location: Brisbane QLD 4000
· Fantastic Company · Potential to be Part Time / Flexible Work Pattern
View details
Infrastructure Lawyer/SA
Category: Construction Law | Location: Sydney CBD, Inner West & Eastern Suburbs Sydney NSW
· Global elite law firm · Dedicated Infrastructure team
View details
Australia's largest solar PV project receives backing

Australia's largest solar PV project receives backing

Two firms had been involved in a deal which saw an international consortium advised on the purchase of Australia’s largest ready-to-build solar PV project.

Firms: Norton Rose Fulbright (Enel Green Power and Dutch Infrastructure Fund); PwC Legal (Reach Solar Energy)

Deal: An international consortium comprised of Enel Green Power (Enel) and Dutch Infrastructure Fund (DIF) has been advised on the purchase of the 275-megawatt Bungala Solar PV project from local developer Reach Solar Energy.

Value: Undisclosed

Area: Energy and resources, projects, M&A

Key players: The Norton Rose Fulbright team was led by global head of energy Simon Currie, supported by lead special counsel Raymond Lou.

The team included partners Noni Shannon, Emanuel Confos and Justin Lucas; senior associates Kelly Davies, Steven Choi, Jacqueline Plant, Claire Whitney and Nicole Bury; associates Alicia Snyders, Sonali Seneviratne, Lana Tian, Tom Bramah and Ben Carrozzi; and lawyers Mehere Maladina and Sorrel Palmer.

Milan partner Arturo Sferruzza and Amsterdam partner Wouter Hertzberger also advised on the deal.

Deal significance: The 275-megawatt Bungala Solar PV project is currently the largest ready-to-build PV project in Australia.

As part of its construction, Italian power company Enel, via its renewable energy subsidiary Enel Green Power S.p.A (EGP), has teamed up with leading global infrastructure investor DIF.

Construction work on the first 137.5MW of the project is expected to start by mid-2017, with the overall 275MW project becoming fully operational by the third quarter of 2018, according to a statement from Norton Rose Fulbright.

The Bungala Solar project is designed to generate around 570GWh a year, equivalent to the consumption needs of approximately 82,000 Australian households, avoiding the emission of about 520,000 tonnes of CO2, NRF noted.

“South Australia is viewed as a lab for the transformation of the energy sector,” said Norton Rose Fulbright global head of energy Simon Currie.

“Bungala is a world-class solar PV project which will add much-needed capacity to the South Australian electricity system and bring new industry to the Port Augusta region.

“Enel and DIF are major global players, and this investment demonstrates the international attractiveness of the opportunities in South Australia and the Australian energy market.”

 

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

Australia's largest solar PV project receives backing
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Nov 24 2017
Demand lifts in 2017/18 for short-term finance to cover crises
Promoted by NWC Finance. The first five months of the 2017-18 financial year have seen unpreceden...
LCA welcomes religious freedom panel
Nov 24 2017
LCA welcomes religious freedom panel
The Law Council of Australia says the establishment of a panel which will examine the human right to...
Law Society launched a new website, legal politics and lawmaking
Nov 24 2017
Law Society launches project to engage young Aussies
The Law Society of NSW has launched a new website to engage young Australians in legal politics and ...
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 & ...