Foresight Group’s Acquisition of a portfolio of solar projects in Queensland


Norton Rose Fulbright has advised Canadian Solar on the proposed investment by investment manager Foresight Group in a portfolio of three solar farms in Queensland.

The portfolio comprises the 17MW Longreach project, the 30MW Oakey 1 project and the 70MW Oakey 2 Project. The Longreach and Oakey 1 Projects are currently under construction and are expected to be connected to the grid during the course of 2018.

The deal, which was signed on 12 October, is subject to satisfaction of certain conditions and is scheduled to complete later this year. Canadian Solar will retain a short term equity interest in both the Longreach and Oakey 1 Projects.

The team advising Canadian Solar was led by Simon Currie (Picture) and Chris Mitchell, supported by special consultant Kelly Davies (Projects), special counsel Claire Forster (Regulatory), associates Joanne Zhou (Projects) and Chanel Mercurio (Corporate) and lawyer Emile Goldman

Involved fees earner: Simon Currie – Norton Rose Fulbright; Chris Mitchell – Norton Rose Fulbright; Kelly Davies – Norton Rose Fulbright; Joanna Zhou – Norton Rose Fulbright; Claire Forster – Norton Rose Fulbright;

Law Firms: Norton Rose Fulbright;

Clients: Foresight Group;