Phoenix Energy’s developing the Australia’s first large scale waste-to-energy project


Ashurst advised Phoenix Energy on all aspects of the development and project financing of Australia’s first large scale waste-to-energy project, the Kwinana waste to energy project.

The Kwinana waste to energy facility is an important and significant renewable energy project for Western Australia. Once completed the facility will divert up to half of all household waste in the Perth metro area from landfill sites and convert that waste into electricity. The plant will produce around 40MW of electricity, to power up to 65,000 households, and prevent 400,000 tonnes of municipal waste per annum from ending up in landfill.

The project is a hybrid of renewable and infrastructure financing and development, and was acquired on financial close by Macquarie Capital and DIF. The engineering, procurement and construction contractor is Acciona Construction, and the operator of the plant is experienced French environmental services company Veolia.

The Ashurst team was led by infrastructure partner Richard Guit (picture), assisted by senior associates Annelise Karreman, Tristan Aguirre and Caroline Lindsey. Partner Chris Redden led the project financing, supported by counsel Tim MacMillan, senior associate Elouise Dellit and lawyers Jowa Chan and Jason Wong. Corporate advice was provided by partner Murray Wheater, assisted by senior associate Samantha Robson, with partner Stuart James and lawyer James Campbell advising on the equity sell down. Partner Geoff Gishubl and senior associate Cheyne Jansen advised on environmental matters, and senior associate Jacinta Pitos advised on the real estate aspects.

Involved fees earner: Richard Guit – Ashurst; Annelise Karreman – Ashurst; Tristan Aguirre – Ashurst; Caroline Lindsey – Ashurst; Stuart James – Ashurst; Chris Redden – Ashurst; Tim MacMillan – Ashurst; Elouise Dellit – Ashurst; Jowa Chan – Ashurst; Jason Wong – Ashurst; Murray Wheater – Ashurst; Samantha Robson – Ashurst; Geoff Gishubl – Ashurst; Cheyne Jansen – Ashurst; Jacinta Pitos – Ashurst;

Law Firms: Ashurst;

Clients: Phoenix Energy;

Author: Michael Patrini