Ashurst has advised Pacific Energy Limited subsidiary, Pacific Energy (KPS) Pty Ltd, on the A$40million integration of its diesel power station into a hybrid solar/battery/diesel power station for Sandfire Resource NL.
Pacific Energy (KPS) Pty Ltd provides a 19MW diesel power station, and this has been integrated with a 10MW solar facility, including 6MW lithium-ion battery storage, to provide power to Sandfire's DeGrussa Solar Project. The DeGrussa Solar Project is the largest integrated off-grid solar and battery storage facility in Australia and reportedly, in the world.
The Ashurst team was led by partner Gaelan Cooney who was assisted by senior associate Caroline Lindsey.
Matter Type
Banking & Finance - Capital Markets: Structured/Project Finance
Industry
Energy & Utilities
News Category
Banking & Finance
Energy, Utilities & Natural Resources