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.
The Herbert Smith Freehills team was led by partner David Ryan (picture), with assistance from Alexandra Carr and Luisa Giannone.
Law Firms: Herbert Smith Freehills;
Clients: Ararat Wind Farm (AWF);