Energy

A once-in-a-generation change

The energy industry is undergoing a once-in-a-generation change, transforming for the better. This has been prompted by supply and reliability concerns, a growing focus on renewable energy, advances in technology and changing customer expectations.

Underpinning much of this change are energy networks – particularly the transmission system which transports electricity from sources of generation to points of consumption. As we move away from coal-fired generators and we see the increasing effects of climate change, energy networks will be fundamental in the transition to a cleaner energy future. This transition will support a sustainable, affordable and secure power system that can provide long-term solutions to energy-related challenges.

How we can help

We can help you navigate the policy, technological, regulatory and commercial drivers that underpin the energy transition and the energy sector more generally, as well as the risks and opportunities that arise. We advise on the full spectrum of legal issues, including:

  • all types of energy projects - solar, wind, pumped hydro, waste to energy, behind the meter and battery storage;
  • regulatory reform and compliance;
  •  new energy technologies, including hydrogen;
  • electricity and gas contracting, both wholesale and retail; and
  • electricity distribution and transmission connection agreements.

Leading the way in renewables

Having advised on many renewables projects in every Australian jurisdiction, we can guide you through the complex and broad-ranging legal issues associated with the development, acquisition, sale and financing of renewable energy assets. We are at the forefront of cutting-edge deals, including corporate and other PPAs, and the development and integration of utility-scale storage and behind the meter assets.

The right team with the right experience

Our team includes specialists in electricity and gas industry regulation, competition policy, environmental regulation, project finance, IP strategy for new technologies, corporate restructuring, privatisation and corporatisation. They provide unrivalled value through their intimate understanding of the local regulatory environment, current market trends and their network of contacts across the industry.

Setting the agenda for the future of the sector

We regularly advise both the public and private sector on a range of significant regulatory matters. Our work includes supporting the market bodies in relation to the drafting and implementation of fundamental policy reform, which means we are across latest developments and can offer unique insights into current policy thinking and direction (both in relation to specific regulatory agendas, such as transmission access reform and the Integrated System Plan, as well as updates to the national electricity and gas rules more generally).

Experience

Snowy Hydro 2.0 Expansion Scheme

Advised on the work associated with the 2,000 MW expansion scheme, including on all aspects of the funding, construction, environmental planning, regulatory and real estate aspects of the project. The unprecedented expansion will increase current capacity and  renewable energy storage capacity in Australia through new hydro technology.

Kwinana waste to energy project

Advised the lenders on the financing of the Kwinana waste to energy project, the first utility-scale waste to energy project in Australia.

National Electricity Market participants

Advised on regulatory requirements, including obtaining new registrations and transferring existing registrations under the National Electricity Rules, registration and compliance under the RET scheme, the network connection and compliance requirements of generators and large customers in the National Electricity Market, and demand curtailment agreements.

Establishment of the Powering Australian Renewables Fund

Advised AGL Energy on the establishment of its $2-3 billion Powering Australian Renewables Fund to develop, own and manage approximately 1,000MW of large-scale renewable energy infrastructure assets and projects.

ARENA battery storage funding

Advised on the funding of battery storage projects, including the Kennedy Energy Park combined large–scale wind and solar generation and battery storage project.

Origin Energy's Critical State Significant Infrastructure application for the Shoalhaven hydroelectricity scheme expansion

Advised on its application for the proposed $230 million expansion. Scheduled for completion before 2022, the expansion will contribute an additional 235MW of pumped storage generation to NSW's electricity mix of the future.

Goldwind Australia's acquisition of the largest operational wind farm in the southern hemisphere

Advised on its successful $110 million bid to purchase the Stockyard Hill Wind Farm Project and then advised on the development of the project and the project financing arrangements.

Victorian Department of Environment, Land, Water & Planning's first renewable energy auction

Advised on the state's first renewable energy auction, which will deliver more than 900MW of new clean energy.

Powerchina Resources' first Australian renewable energy market investment in one of Tasmania's largest wind farms

Advised Powerchina Resources Ltd on its purchase of an 80% stake in Goldwind's Cattle Hill Wind Farm development project in Tasmania, being its first investment in the Australian renewable energy market. Once completed, this will be one of the largest wind farms in Tasmania.

Development, financing, restructure and disposal of the largest operating wind farm in Australia, Macarthur Wind Farm

Advised Meridian Energy on all aspects of the development, financing, restructure and disposal of its interest in the Macarthur Wind Farm, the largest operating wind farm in Australia. We subsequently advised joint venture partner and offtaker AGL on the restructure and disposal of its equity stake in the wind farm.

Octopus Investments on its first Australian, and largest global, renewable energy investment

Octopus Investments, through funding managed by it, 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 Point Solar Farm Pty Ltd.

Corporate PPAs

Including for Snowy Hydro, Sydney Airport, Orora Limited, CBA, Southern Sydney Regional Organisation of Councils, Wesfarmers, Transport for NSW, Alinta, EnergyAustralia, Tomago Aluminium, Sydney Trains and Melbourne Water.