Gilbert + Tobin has advised the lenders involved in the deal.
Natixis, ING Bank (Australia), MUFG Bank and Sumitomo Mitsui Banking Corporation acted as lenders to commercial renewable energy provider ENGIE Australia & New Zealand (ENGIE), on a A$257 million financing and debt service facility as part of the refinancing of the 119MW Willogoleche wind farm in South Australia.
The refinancing was undertaken as part of the establishment of ENGIE’s new Australian renewable energy portfolio. The Willogoleche wind farm will be the first operational asset in the portfolio, with further wind and solar projects in development. The new portfolio is a joint investment between ENGIE, Mitsui and Infrastructure Capital Group (ICG), with ICG acquiring a 75% stake.
Lead partner Simon Lynch (Picture) advised on the deal. Simon was supported by lawyers William McCann, Hannah Bragge and graduate Ali Al Ebrahimi.
ENGIE was advised by Herbert Smith Freehills on the refinancing.
Law Firms: Gilbert + Tobin;