15 August 2019
Clifford Chance advises Partners Group on investment into AU$500 million wind farm project
Leading international law firm Clifford Chance has advised global private markets investment manager Partners Group on its investment into the AU$500 million Bango Wind Farm project in New South Wales, Australia.
The Bango Wind Farm is a 244MW construction-ready wind energy project which is projected to generate enough renewable energy to power more than 100,000 households. Bango is the third renewable wind farm investment in Australia under the landmark Grassroots Renewable Energy entity, a large-scale renewable energy platform formed in 2018 by Partners Group and CWP Renewables. Clifford Chance advised on all legal aspects the establishment of the platform and all investments made by the platform to date.
Partner Andrew Crook led the matter, supported by counsel Jonathan Halliwell and Reuben van Werkum. Partner Nadia Kalic and a wider projects team assisted throughout.
Andrew offers, "This project represents the fifth renewable energy investment by Partners Group in Australia, and it's third into the Grassroots platform, bringing its total renewables investment in Australia to AU$1.2 billion. We are very happy to have been able to work with Partners Group to bring these transactions to fruition, as well as continuing to support their team in respect of its investments throughout the region."
Clifford Chance regularly advises on market-leading renewables transactions in Asia Pacific including advising on Global Infrastructure Partner's US$5 billion acquisition of Equis Energy, acting on Formosa 1 - the first offshore wind project in Asia, and on the financing of Australia's first integrated solar and energy storage project of scale. The firm also recently advised Partners Group on its 100% acquisition AU$200 million equity investment in the 226MW Murra Warra Wind Farm (Stage 1) renewable energy project in Victoria.