Herbert Smith Freehills has advised the Australian JV between ENGIE and Mitsui, International Power (Australia) Holdings on the development of the A$250 million Willogoleche Wind Farm located on Willogoleche Hill, approximately 160 kilometres north of Adelaide, South Australia.
The site will comprise 32 wind turbines and will have a total generating capacity of approximately 119 megawatts when constructed.
Herbert Smith Freehills advised on all aspects of the transaction including the project financing, procurement, connection, off take, property, planning and environment.
The Herbert Smith Freehills project finance team was led by partners Gerard Pike and Jon Evans, who were supported by solicitors Matthew Selth and Sarah Oh. The procurement team was led by partner Toby Anderson, who was supported by senior associate Daniel Ficyk and solicitor Anna Lam.
“We are very pleased to have worked with ENGIE and Mitsui to deliver this outstanding result,” said Gerard Pike. “Achieving financial close for new wind farm projects requires a tremendous level of determination and commitment, and so we congratulate ENGIE and Mitsui on this significant achievement.”
Gilbert +Tobin acted for the financiers on the transaction.
This deal is another example of Herbert Smith Freehills’ market-leading work within the renewable energy industry. Our full service renewables team has recently advised on a number of other significant transactions in Australia, including advising:
- Infigen Energy on the development of the 113 MW Bodangora Wind Farm in New South Wales;
- AGL Energy Limited on the development of the 200 MW Silverton Wind Farm in western NSW; and
- ANZ, BTMU and Westpac on the project financing of the Ross River Solar Farm – the largest solar project to reach financial close in Queensland to date.