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DLA Piper advises Bellevue Gold Limited on ‘green gold’ project
DLA Piper has advised Bellevue Gold Limited (ASX: BGL) (BGL) on the tender process and subsequent power purchase agreement for the development of a new off-grid solar, wind, and battery hybrid power station at the Bellevue Gold Project 400km north of Kalgoorlie, Western Australia.
The hybrid power station is forecast to deliver up to 80% of its 88MW capacity from renewable sources and is a key part of BGL’s plan to reach net zero emissions by 2026.
“We were delighted to advise on this market-leading project, the company has the aspirational goal to become the first ASX-listed company to produce carbon neutral gold,” said Perth-based Alyson Eather, Partner, DLA Piper.
“The project has the ability to deliver carbon neutral gold, which will be a competitive advantage in global and local investment markets,” Alyson said.
DLA Piper's team was led by Alyson Eather (Partner, Projects) with the assistance of Tara Ott (Solicitor, Projects), Madina Eira (Solicitor, Projects) and Joanne Leveridge (Special Counsel, Work Health and Safety).
“The matter demonstrated DLA Piper’s multi-practice area expertise, and our ability to advise on complex projects and negotiations,” Alyson said.
“The world’s most influential businesses trust us with even their most ambitious plans. It’s opportunities like this that move us towards thriving in a more sustainable future,” Alyson added.
DLA Piper has advised on a range of matters across the energy and infrastructure sectors in support of Australia's push towards net zero. This includes advising ENGIE on the development, construction and financing of the first phase of Project Yuri, which will feed renewable hydrogen into Yara’s existing ammonia plant in the Pilbara, Western Australia. It also includes advising BE Power on its $2 billion+ pumped hydro projects in Queensland, and BlackRock on its commitment to investing more than $1 billion to drive the build-out of 1GW of battery energy storage systems across Australia, through the acquisition of the impressive Akaysha Energy.
DLA Piper has been ranked #1 Global Renewable Energy Legal Adviser by Inspiratia and #1 Law firm in ESG performance by Impactvise.
