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Goldwind sells 49% of Moorabool Wind Farm to Nebras Power
The Chinese multinational wind turbine manufacturer has been advised on the sale of almost half of the Moorabool Wind Farm to global power development and investment company Nebras Power.
Jerome Doraisamy
Firm: Allens (Goldwind)
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Deal: Goldwind has sold 49 per cent of Moorabool Wind Farm, which will comprise up to 104 wind turbines that can produce up to 312 megawatts, to Nebras Power.
Area: Corporate; merger and acquisition
Value: N/A
Key players: The Allens team was led by partner Jeremy Low (pictured), who was supported by partners Karla Drinkwater, Nicholas Ng, Michael Graves, Jillian Button, Scott McCoy and Adrian Chek, senior associate Amina Karcic, associates Charlie George, Chris Yuan, Alisha Arora, Jane Evelyn, Elisabeth Sandbach and Will Rennick, lawyers Lily Turpin, Hero Cook, Ellie Khor, Lachlan Helme-King, Billie Hook and Eric Sofianopoulos, and overseas practitioner Sophie Langham.
Deal significance: Speaking about the sale, Mr Low said: “We are pleased to have advised longstanding client Goldwind on this sale.”
“Despite softening activity across global M&A markets, energy transition assets have proved enduringly popular throughout 2022.
“That trend shows no sign of abating, and we expect to see the deal activity in this space to continue into the new year as global energy transition efforts ramp up.”
