Akaysha Energy and Ashurst
03 November 2022
Ashurst partner Kate Phillips interviews client Nick Carter, Managing Partner of Akaysha Energy on the recent success on its Waratah Super Battery Bid and Akaysha Energy's growth trajectory.
Ashurst was pleased to advise Akaysha Energy on its successful bid to develop, own and operate the Waratah Super Battery Project, which is set to become one of the largest committed utility scale batteries in the world.
The landmark battery project will be the largest standby network battery in the Southern Hemisphere, and is likely to be one of the most powerful BESSs in the world when operational. It will enhance the investment of new renewable generation and provide critical transmission grid support in NSW, which is particularly crucial given the anticipated closure of the Eraring Power Station in 2025.
Ashurst assisted Akaysha Energy in preparing its tender submission and legal advice on a suite of project documents as part of a competitive procurement process launched by EnergyCo in June 2022.
To hear the interview recording click here.
Authors: Kate Phillips, Partner; Mike Web, Senior Associate.
