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WIRCON advised on largest Aus solar farm battery storage project
Norton Rose Fulbright has advised international energy company WIRCON GmbH on the development and acquisition of the Gannawarra Energy Storage System in Victoria.
Jerome Doraisamy
Firm: Norton Rose Fulbright (WIRCON GmbH); DLA Piper (ARENA)
The project was developed by Edify Energy and is jointly owned by Edify and Wirsol.
Value: Undisclosed.
Area: Mergers & Acquisitions.
Key players: The NRF team was led by the firm’s global head of energy Simon Currie, who was supported by Sydney-based partner Raymond Lou, special counsel Claire Forster and associates Chris Sewry and Tom Bramah.
The DLA Piper team was led by finance and projects partner Kate Papailiou, with support from special counsel Sarah Lynden-Bell and solicitors Emily John and Rebecca Dunlop.
Deal significance: The combined system is set to be the first integrated solar and storage project in Victoria – and the largest of its kind in Australia – and able to power around 800 homes for 24 hours.
It is supported by the Victorian government, according to NRF, as well as independent federal agency the Australian Renewable Energy Agency (ARENA).
In addition, it features a first-of-its-kind commercial services agreement with EnergyAustralia, acting as the offtaker for the Gannawarra Solar Farm.
“It is great to see Wirsol, along with ARENA and the Victorian government, support this important addition to the state’s energy future security mix,” Mr Currie said.
“Our team was also pleased to deliver yet another important Australian renewable energy project, and to continue to develop its energy storage capability.”
Jerome Doraisamy
Jerome Doraisamy is the editor of Lawyers Weekly. A former lawyer, he has worked at Momentum Media as a journalist on Lawyers Weekly since February 2018, and has served as editor since March 2022. He is also the host of all five shows under The Lawyers Weekly Podcast Network, and has overseen the brand's audio medium growth from 4,000 downloads per month to over 60,000 downloads per month, making The Lawyers Weekly Show the most popular industry-specific podcast in Australia. Jerome is also the author of The Wellness Doctrines book series, an admitted solicitor in NSW, and a board director of Minds Count.
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