Herbert Smith Freehills advises Ararat Wind Farm on innovative corporate PPAs with Flow Power
Herbert Smith Freehills has advised Ararat Wind Farm (AWF) on its entry into two innovative corporate power purchase agreements with Flow Power, a Melbourne based electricity retailer.
AWF is a 240MW wind farm located in Victoria and jointly owned by Partners Group and OP Trust. The offtake agreements supplement the existing 80.5MW feed-in tariff offtake agreement entered into by AWF and the ACT Government in 2015.
OP Trust announced on 16 February that it will be acquiring 51% of the shares in Flow Power.