Ashurst advises Nexsphere on joint venture with Equinor for Bass Offshore Wind Energy project
19 December 2022
Global law firm Ashurst has advised Australian renewable energy developer Nexsphere on its collaboration and joint venture with international energy company Equinor to the Bass Offshore Wind Energy (BOWE) project in Bass Strait, Tasmania.
The BOWE project will be based 30 kilometres off the coast of north-eastern Tasmania and will take advantage of Tasmania's significant offshore wind resources.
Partner Murray Wheater commented:
"We are proud to have advised Nexsphere on securing an experienced and capable partner to assist in developing the BOWE project. The collaboration between a local developer with deep connections into the Tasmanian energy sector and an international leader in wind energy marks a new, successful chapter in Tasmania's journey towards clean energy."
The Ashurst team was led by partner Murray Wheater and counsel Michael Dearden, who were assisted by: associates Jack Jones, Renee Xue and Edwina Wang (Corporate Transactions); partners Chris Redden and Dan Brown, and associate Ryan Pieszko (International Projects Group); partner Jeff Lynn and associate Alice Jiang (Planning, Access and Environment); partner Alyssa Phillips (Competition); counsel Maria Sun (IP/Media); and partner Jennie Mansfield and senior associate Mohamad Ardati (Employment).