Project will produce enough electricity to power 220,000 homes
Clifford Chance has helped a global private-markets investment manager make its fourth renewable energy investment in the country since 2015.
The global firm advised Partners Group, which has agreed to acquire the 226MW first stage of the Murray Warra Wind Farm from Macquarie Capital and RES. Partners Group made an investment of more than $200M in the project on behalf of its clients.
“This renewable energy asset will generate enough clean energy to power 220,000 Australian households and offset more than 900,000 tonnes of carbon emissions every year,” said counsel Reuben van Werkum.
Van Werkum jointly led the Clifford Chance team with partner Andrew Cook.
Construction of the project commenced in March and completion is expected to be in mid-2019.
Clifford Chance recently advised Partners Group on its launch of its $700m Grassroots Renewable Energy Platform. The firm also recently advised on West Africa’s largest wind-power project.