Victorian Department of Environment, Land, Water & Planning’s renewable energy auction for 900 megawatts of new clean energy

Allens has advised the Victorian Department of Environment, Land, Water & Planning on on the transaction

Allens advised on all legal aspects of the auction design and tender documentation, and was one of three panel firms which advised on tender evaluation and negotiation.

The auction exceeded its original target of 650 megawatts by almost 45 per cent, delivering 928 megawatts of renewable energy as part of the Victorian Renewable Energy Targets (VRET).

The projects will generate a combined $1.1 billion of economic investment in regional Victoria and create more than 900 jobs, including 270 apprenticeships and traineeships.

Allens advised with a team including Paul Kenny (Picture), Penny Alexander (Partner), David Donnelly (Partner), Amy Byrne (Associate) and Rujuta Natu.

Involved fees earner: Paul Kenny – Allens; David Donnelly – Allens; Penny Alexander – Allens; Amy Byrne – Allens;

Law Firms: Allens;

Clients: State of Victoria;