Norton Rose Fulbright has advised Renew Estate on development of Bomen Solar Farm

Press release - Business April 17, 2019

Global law firm Norton Rose Fulbright has advised Renew Estate on all aspects of the development of the 120MW dc Bomen Solar Farm in Wagga Wagga, NSW. Today, Renew Estate announced that it had entered into a PPA with Westpac Banking Corporation and the sale of the Bomen Solar Farm to Spark Infrastructure Group (ASX:SKI).

The project is underpinned by two power purchase agreements (PPAs) with Westpac and Flow Power. The project will provide the Wagga Wagga community with job opportunities, create significant local economic growth and boost the growing renewable energy sector in NSW.

A cross-practice team from Norton Rose Fulbright, led by corporate partner Martin Irwin, environment and planning partner Noni Shannon, regulatory partner Claire Forster, project finance partner Jo Crew and real estate partner Mike McKee, advised on all aspects of the development of the Bomen Solar Farm from its outset until completion of the PPA and sale to Spark. 

Norton Rose Fulbright partner Martin Irwin commented: 

“It is pleasing to be able to support Renew Estate on a solar farm development that will bring real benefits to regional NSW. The sale continues the strong pipeline of renewable energy deals Norton Rose Fulbright has transacted in the last 12 months including industry deal award recipients Sunraysia solar farm, the Kwinana WtE and Vast Solar’s Jemalong West Plant.”

Norton Rose Fulbright co-head of energy, Asia-Pacific, Paul Lingard commented:

”The pace of Australian renewables deals shows no sign of abating, as the country continues to invest in its changing energy mix to ensure a greater variability in power supply. Deals such as this require in-depth energy industry knowledge and the combination of legal advisors with diverse skills – from corporate M&A, project finance, permitting, real estate, environment and planning, construction and engineering, and competition – as well as having an ambitious client, in Renew Estate, to work with.”

The team was supported by partners Rob White and Emanuel Confos; senior consultant Karel Potgieter; special counsel Steven Choi, senior associates Johann Spies, Nicola Pearl, Claire Whitney, Stuart Robertson, Bianca Fernandes; associates Shen Low, Paul Hedderwick, Laura Waterford, Danielle Sterling, Jennifer Naulu, and Liya Wu; and lawyer Kit Man Cheng.

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
alex.boxsell@nortonrosefulbright.com 

Notes for editors:

Norton Rose Fulbright

Norton Rose Fulbright is a global law firm providing the world’s preeminent corporations and financial institutions with a full business law service. The firm has more than 4,000 lawyers and other legal staff based in Europe, the United States, Canada, Latin America, Asia, Australia, Africa and the Middle East.

Recognized for its industry focus, Norton Rose Fulbright is strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare. Through its global risk advisory group, the firm leverages its industry experience with its knowledge of legal, regulatory, compliance and governance issues to provide clients with practical solutions to the legal and regulatory risks facing their businesses.

Norton Rose Fulbright operates in accordance with its global business principles of quality, unity and integrity, aiming to provide the highest possible standard of legal service in each of its offices and to maintain that level of quality at every point of contact.

Norton Rose Fulbright Verein, a Swiss verein, helps coordinate the activities of Norton Rose Fulbright members but does not itself provide legal services to clients. Norton Rose Fulbright has offices in more than 50 cities worldwide, including London, Houston, New York, Toronto, Mexico City, Hong Kong, Sydney and Johannesburg. For more information, see nortonrosefulbright.com/legal-notices.  
 

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