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Renewables company advised on financing of NZ-based wind farm
Australasian electricity generation company Tilt Renewables has been advised on the financing of the Waipipi Wind Farm in South Taranaki, New Zealand.
Jerome Doraisamy
Source: facebook.com/pg/VisitHaweraTaranakiNZ/photos
Firm: Gilbert + Tobin (Tilt Renewables); MUFG (financial adviser to Tilt Renewables); Anderson Lloyd (New Zealand legal counsel to Tilt Renewables).
Value: NZ$241 million construction and NZ$31 million bank guarantee.
Area: Banking and infrastructure.
Key players: The G+T team was led by partner Adela Smith, who was supported by senior consultant Lisa Hamilton, special counsel Caroline Mathie and lawyer Felix Buddee.
Deal significance: Speaking about the deal, Ms Smith said: “We are delighted to have yet again assisted Tilt Renewables [in] the development of another milestone project, being the first wind farm in New Zealand to be project financed by international banks.”
“The financing package is a testament to Tilt’s reputation in the market and its fantastic relationship with key lenders,” she added.
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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