Octopus’ Partnership with Edify Energy to develop the Darlington Point Solar Farm

Allens has advised British fund manager Octopus Investments (Octopus) on its first Australian, and largest global, renewable energy investment.

Octopus, through funding managed by it, has partnered with renewable energy and storage company Edify Energy to develop the Darlington Point Solar Farm, a greenfield site in western NSW following an acquisition of a majority stake in the project company, Darlington Pont Solar Farm Pty Ltd.

Octopus Investments Limited is a venture capital and private equity firm specializing in early stage, emerging growth, growth capital, and buyouts. The company, led by Simon Andrew Rogerson and Christopher Robert Hulatt, seeks to invest in media, communication equipment, fintech, environmental and facilities services, energy efficiency, anaerobic digestion and wind power opportunities, reserve power (gas engine), and solar energy as well as alternative energy resources.

Allens has advised Octopus Investments with a team including Wendy Rae (Picture), Michael Ryan, David Donnelly, Melissa Keane, Julian Barendse, Amy Byrne, Nicholas Twomey, Joanne Pak and Brad White.

Involved fees earner: Julian Barendse – Allens; Amy Byrne – Allens; David Donnelly – Allens; Melissa Keane – Allens; Wendy Rae – Allens; Michael Ryan – Allens;

Law Firms: Allens;

Clients: Octopus Investments Limited;

Author: Michael Patrini