Norton Rose Fulbright advises Shell on its acquisition of 49 per cent interest in ESCO Pacific
Australia | Press release - Business | December 19, 2019
Norton Rose Fulbright has supported Shell on the acquisition of its 49 per cent stake in utility scale solar farm developer ESCO Pacific.
The transaction gives Shell an interest in a 1GW project pipeline and constitutes its next step towards becoming a global integrated power business.
Melbourne-based corporate M&A partner Martin Irwin, who led the deal, commented:
“We are delighted to have assisted Shell on this investment. It is a further step not only in evolution of Shell’s business in Australia but in the continued transformation of the Australian energy market.”
The Norton Rose Fulbright team included co-lead partner Kelly Davies, partners Noni Shannon and Adrian Jones, special counsel Brett Thornton, and associate Ellen Laughton.
For more information, contact:
Alex Boxsell, Head of Digital Content & Campaigns, Norton Rose Fulbright in Australia
Tel: +61 (0)2 9330 8165 Mob: +61 (0)414 985 556
