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Mars Australia signs 20-year PPA
Baker McKenzie has advised the maker of M&M’s chocolate, Extra sugarfree gum and Pedigree dog food on a power-purchase agreement with Total Eren.
Emma Musgrave
Firm: Baker McKenzie (Mars Australia)
Value: Undisclosed
Area: Energy and resources
Key players: The Baker McKenzie legal team was led by partner Zoe Hilson, with assistance from partner Paul Curnow, partner Lewis Apostolou, special counsel Teresa Ientile, associates Bryce Clarke, Lauren Drake, and Aditya Shivam.
Deal significance: Mars Australia is the maker of iconic brands such as M&M’s chocolate, Extra sugarfree gum and Pedigree dog food.
The company’s 20-year PPA with Total Eren will see it generate the equivalent of 100 per cent of Mars’ electricity from renewable energy by 2020.
The PPA will also facilitate the planned build of a second renewable project by Total Eren in NSW, according to a Bakers’ statement, with Total Eren currently developing a Kiamal Solar Farm near Ouyen, Victoria which will be operational in mid-2019.
"The energy procured through the corporate PPA will cover the energy requirements of Mars’ six Australian factories (Asquith, Ballarat, Bathurst, Wacol, Wodonga and Wyong) and two sales offices (Melbourne, Sydney),” said Bakers lead partner Zoe Hilson.
Paul Curnow, partner and head of the firm's Asia-Pacific renewable energy and clean technology practice added: "We were delighted to act for our longstanding client, Mars Australia, in what was an innovative PPA that will assist the company's growth trajectory in a sustainable manner”.
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
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