King & Wood Mallesons (KWM) has advised QIC, on behalf of its clients the QIC Global Infrastructure Fund and the Future Fund, on the acquisition of Coopers Gap Wind Farm in Queensland, forming part of the Powering Australian Renewables Fund’s (PARF) growing portfolio.

Once constructed, AGL’s 453 megawatt Coopers Gap Wind Farm will be the largest wind farm in Australia, with the capacity to power more than 260,000 Australian homes.

The Coopers Gap Wind Farm is the second greenfield project to be acquired by PARF, with the transaction including AGL off-take arrangements.

The KWM team was led by Partners Roderick Smythe and Craig Rogers, with support from Partner Shannon Etwell, Special Counsel Chris Pitson, Senior Associate Josh Thorneycroft and Solicitors Adam Black, Heather Kirkup and Jahan Navidi.

Roderick Smythe said this significant acquisition demonstrates PARF’s continued investment in Australia’s large-scale renewable energy industry.

“KWM continues to assist QIC and the Future Fund on the ongoing expansion of their renewable energy portfolio through PARF, having previously advised on the establishment of PARF, and the $A257 million acquisition of the 102 MW Nyngan and 53 MW Broken Hill solar plants, in addition to its first greenfield development – the 200 MW Silverton Wind Farm.”