Allens has advised WestConnex on the deal.
The transaction concerned the terms and implementation of a power purchase agreement (PPA) entered into between Transurban and CWP Renewables (CWP) that will positively impact a number of WestConnex toll roads.
The deal, led by Transurban, will underpin 80% of the energy required to power a number of toll roads in New South Wales, including the M4 East Motorway, the M5 East Motorway and the WestConnex M8. The PPA, which will commence in 2021, relates to CWP’s Sapphire Wind Farm and Bango Wind Farm in New South Wales.
Lead partner, Kate Axup (Picture), was supported by Luisa Colosimo (Senior Associate), Shane Chandra (Lawyer) and Georgia Percy (Lawyer).
Law Firms: Allens;
Clients: WestConnex Delivery Authority (WDA);