Norton Rose Fulbright acts for Conergy in Australian-first solar and battery storage deal
Mondial | Business | August 24, 2016
Global law firm Norton Rose Fulbright has advised Conergy on the development and project financing of Australia’s first solar and battery storage project.
The Lakeland solar PV project is located at the fringe of Ergon’s grid in Northern Queensland. It will have an installed capacity of 10.8MW combined with a 5.3MWh battery storage system. The project will receive both a funding grant from the Australian Renewable Energy Agency (ARENA) and debt financing from NordLB.
Norton Rose Fulbright global head of energy Simon Currie, who led the deal, commented:
"We are very proud to have supported Conergy, one of the world’s largest solar companies, to finalise the development and financing of this project. Solar PV+ is the future and the Lakeland project comprises solar PV+ battery in an on-grid environment.”
Our team included lawyers from our Sydney and Brisbane offices including partners Emanuel Confos and Noni Shannon, special counsel Chris Baker, senior associates Steven Choi, Juliette King, Jenida Satem and Kelly Davies, associate Thomas Bramah and graduate Ben Foster. We also worked closely with Conergy's regional general counsel, Maree Myerscough.
For further information please contact:
Alex Boxsell, Senior Manager Corporate Communications, Norton Rose Fulbright in Australia
Tel: +61 (0)2 9330 8165; Mob: +61 (0)414 985 556
alex.boxsell@nortonrosefulbright.com
Notes for editors:
Norton Rose Fulbright is a global law firm. We provide the world’s preeminent corporations and financial institutions with a full business law service. We have 3800 lawyers and other legal staff based in more than 50 cities across Europe, the United States, Canada, Latin America, Asia, Australia, Africa, the Middle East and Central Asia.
Recognized for our industry focus, we are strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare.
Wherever we are, we operate in accordance with our global business principles of quality, unity and integrity. We aim to provide the highest possible standard of legal service in each of our offices and to maintain that level of quality at every point of contact.
For more information about Norton Rose Fulbright, see nortonrosefulbright.com/legal-notices.