Energy

In this section

Australia's energy industry is changing rapidly, spurred by shifting national policy reform, supply and reliability concerns and a growing focus on renewable energy.

Australia holds 1000 years’ worth of coal, plentiful gas and 40% of the world’s known uranium deposits. However, due to the increasing effects of climate change, there has been a shift towards renewable energy. Estimates suggest solar and wind will attract significant private investment in the short-term, spread over more than 70 projects.

Disaggregation, corporatisation and privatisation have broken down traditional energy markets, creating major opportunities for investors, financiers and operators.

Australia’s future climate change policies and how they may influence the shape of the Australian energy sector in the long term will help with a transition to a more sustainable, affordable and secure energy system that provides solutions to energy-related challenges.

How can we help?

At a time of unprecedented industry transformation, we help you navigate policy, technological, regulatory and commercial drivers that underpin the transition and the risks and opportunities that are presented by this change. We advise on the full spectrum of legal issues including:

  • build-own-operate energy projects,
  • electricity and gas purchase contracts,
  • electricity distribution and transmission connection agreements,
  • coal and gas supply and transportation, and
  • behind the meter projects.

The right team with the right experience

Our team includes specialists in electricity and gas industry regulation, competition policy, environmental regulation, industrial relations, project finance, corporate restructuring, privatisation and corporatisation. They add value to projects through their intimate understanding of the local regulatory environment, current market trends and their network of contacts across the industry.

Leading the way in renewables

Having advised on almost every renewables project in Australia, we can help you deal with the complex and broad-ranging legal issues associated with the development, acquisition and sale 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 solar thermal assets.

Setting the agenda for the future of the sector

We regularly advise on a range of significant regulatory matters, including the establishment, regulation and ongoing development of energy markets in Australia and the Asia region.

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 (PARF)

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 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.

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

Advised Meridian Energy on all aspects of the development, financing and restructure and disposal of its interest in the Macarthur Wind Farm. We subsequently advised 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

Advised on 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.

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.