Ashurst advises financiers on AUD$140 million financing of the Quorn Park Hybrid Project
25 July 2024
Global law firm Ashurst has advised financiers Westpac Banking Corporation and Bank of China on the AUD$140 million financing to Enel Green Power Australia for the Quorn Park Hybrid Project's design, development, construction, operation and maintenance.
The Quorn Park Hybrid Project is located in Parkes Shire, New South Wales, Australia and will comprise a 98.5MWDC solar PV farm and a 20MW/40MW battery energy storage system.
Enel Green Power Australia is a joint venture company co-owned by Enel Green Power SpA and INPEX Renewable Energy Australia Pty Ltd.
Partner Chris Redden said:
"We are pleased to have advised Westpac and the Bank of China on the financing of Enel Green Power Australia's Quorn Park Hybrid Project. The cross-border collaboration among our team members underscores the global nature of the energy transition, and we are proud to have contributed to this significant project in Australia's broader energy transition."
The Ashurst team was led by partner Chris Redden, who was assisted by: partners Dale Gill and Dan Brown, counsel Douglas Fung, senior associates Michelle Gaynor and Codie Gippel, and associates Jonathan Chew and Connor McFadden (Projects & Energy Transition); partner Rebecca Dixon and counsel Isabelle Laborde (Planning, Access and Environment); partner Carloandrea Meacci, senior associate Yasmina Tourougou, and associate Stefano Tallamona (Projects & Energy Transition, Milan); partner Vicki Aron and senior associate Danica Colli (Real Estate); partner Ian Kellock, counsel Bronwyn Kirkwood, and associate Hayley Young (Tax); and partner Kensuke Inoue and senior associate Chiharu Takatori (Finance, Funds & Restructuring, Tokyo).
