Baker McKenzie has advised BayWa r.e. AG on the sale of its Australian renewable energy portfolio to Atmos Renewables, comprising approximately 2GW of operating and development-stage renewable energy projects across Australia.
The transaction encompasses a significant portfolio of wind and solar assets and projects across New South Wales, Victoria and Queensland, including two operating solar projects in Victoria, and the 262MW Bullawah Wind Farm which was awarded transmission access rights to the South West REZ last year.
Lead partner and our Head of Energy, Raymond Lou stated: “BayWa r.e. Australia have been a long term client of the Energy Team, and we are delighted to have advised them on this significant and highly complex transaction involving one of Australia’s largest renewable energy portfolios.
The transaction reflects the continued depth of investor interest in high-quality Australian renewable energy assets and development opportunities as Australia’s energy transition gathers pace.”
Almost the entire Baker McKenzie projects development team had been involved on this transaction, which commenced more than a year ago. Led by Raymond Lou, the team included Miles Wadley, Sarah Merrett, Andrew Prowse, Linsey Edgar, Naasha Loopoo, Lachlan Salt, William Tai, Michael Zhang, and Jacob Dorsett-Sawyer.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
Lawyers and firms: get featured on Legal Desire
Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.
Get featuredSubmit a press releaseThe advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
