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Octopus Australia launches 2 renewable energy ventures
Renewable energy manager Octopus Australia has been advised on the launch of two renewable energy funds, OASIS and OREO.
Lauren Croft
Firm: Allens (Octopus Australia)
Value: N/A
Area: Corporate, projects
Key players: The Allens team was led by partner Penny Nikoloudis, with assistance from senior associates Jamil Diu and Mai Go, associate Jin Pang and lawyer Marc Privitelli.
Deal significance: OASIS and OREO will co-invest in an Australian renewable energy portfolio, across wind, solar and storage projects. The investment platform will finance the entire renewable energy life cycle from development, through construction and into long-term operations.
“We are extremely proud to have advised Octopus Australia on the launch of OASIS and OREO — an investment platform that will support Australia’s transition to renewable energy and a sustainable future,” the firm said.
“The successful launch of this investment platform reflects the continuing emphasis by institutional investors on ESG and renewable energy assets as an investment class in Australia and globally.”
Lauren Croft
Lauren is a journalist at Lawyers Weekly and graduated with a Bachelor of Journalism from Macleay College. Prior to joining Lawyers Weekly, she worked as a trade journalist for media and travel industry publications and Travel Weekly. Originally born in England, Lauren enjoys trying new bars and restaurants, attending music festivals and travelling. She is also a keen snowboarder and pre-pandemic, spent a season living in a French ski resort.
