Hogan Lovells closes financing for $200m clean energy investment in Vic

Plans to build one of Australia’s largest wind farms are closer to reality

Hogan Lovells closes financing for $200m clean energy investment in Vic

Plans to build one of the largest wind farms in Australia and the Southern Hemisphere are closer to reality as a global firm confirmed that it has closed the financing for the project.

Hogan Lovells acted for Partners Group as lead counsel on the letter of credit financing to support the construction phase of the first stage of the Murra Warra Wind Farm.

The global private-markets investment manager, which manages US$78bn, is pouring $200m into the project on behalf of clients.

Located in Victoria, the wind farm is expected to have a total capacity of 226MW, which is enough to power 220,000 Australian homes. The project is expected to be completed by mid-2019.

Clifford Chance earlier confirmed that it advised Partners Group on the acquisition of the wind farm.

Banking Partner Richard Hayes led the Hogan Lovells team, with support from counsel Chris Robertson, associate Alistair Handy, and trainee solicitor Amelia Schubach.

Hayes said that Murra Warra will be one of the largest wind farms in the Southern Hemisphere and a continuation of Partners Group’s significant investments in sustainable practices and renewable energy in Australia.

Recent articles & video

Federal Court fines employer for failing to issue payslips

Hall & Wilcox coaches Vasco Trustees shareholders through pickup by TMF Group

Victorian public prosecutions office adapts matter management system

13 rise to senior roles at JWS

IPH welcomes inaugural chief transformation officer

Lander & Rogers brings in digital economy practice head

Most Read Articles

Kain Lawyers scoops up ex-PwC Australia legal business head as director

Federal Court declares misleading conduct in wine labelling dispute

Global firms bring A-game to support Orana BESS project

Maurice Blackburn director to helm the Australian Lawyers Alliance as national president