Norton Rose Australia (NRA) has acted for the Department of Resources, Energy and Tourism (DRET) on the drafting and negotiation of the Solar Flagships Program funding agreements.
The Solar Flagships program is part of the Australian Government's $5 billion Clean Energy Initiative and will support the commercial demonstration of large-scale solar power plants in a competitive electricity market in Australia.
"The Solar Flagships program represents one of the most globally significant transactions in the solar industry and will help establish Australia as a leading supporter of utility scale solar power," said partner Vincent Dwyer, who is the Asia Pacific leader of NRA's energy practice.
Other NRA partners who advised the Government included Edwina Menzies, Geeta Ram, Natasha Vyrnwy-Jones and Lynn Nguyen.
Blake Dawson and Allens Arthur Robinson also acted in the transaction.